468 Pagosa Street

Pagosa Springs, CO 81147

About this property

Welcome to The Heritage Building, a meticulously maintained property originally built in 1905 and nestled in the heart of Old Town Pagosa Springs. This iconic building offers a unique investment opportunity in one of Colorado's most charming destinations. Upstairs, you’ll find a total of 13 offices with a common conference room and kitchenette. Each office space provides a professional environment with ample natural light and historic charm. The ground floor is located directly on the main street and features 2 long-term leased retail shops with excellent storefront visibility and foot traffic. Behind the building you’ll find alley access to a private parking lot accommodating up to 9 parking spaces. The entire property has been condominiumized, allowing for flexible ownership and the potential for the sale of individual spaces. With a 100% occupancy rate, the property reflects its desirability and strong market demand, making it an ideal investment for those seeking income-producing real estate in a high-demand market. Conveniently located, the building overlooks the beautiful San Juan River and is just a short walk across the bridge from the famous Pagosa Hot Springs, adding to its allure and attracting visitors year-round. Don't miss out on this rare opportunity to own a piece of Old Town Pagosa Springs and a bit of history while enjoying strong rental income and long-term investment potential.

Features and Additional Information

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$2,200,000 Active
8,740 SQFT

Presented By Coldwell Banker Distinctive Properties Telluride

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Get in touch today! Phone: 1-970-728-4454
Brokerage
Berkshire Hathaway HomeServices Colorado Properties
1-970-403-3289
Listed By Josiah Goodson
Brokerage: Berkshire Hathaway HomeServices Colorado Properties

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