450 Lewis

Pagosa Springs, CO 81147

About this property

The Lewis Building is located at 450 Lewis St. in the Art District at the heart of downtown Pagosa Springs Historical District. This beautiful building has 19 Separate Condo suites individually parceled out with Archuleta County. This Multi-Purpose building has a built-in wealth of opportunity for any discerning investor. Zoned both as Commercial and Residential use, the possibilities for conversion to Vacation or Long-Term Rental suites would be a very easy one. Several Successful Commercial tenants are currently on multi-year leases. Residential Condo Build-Out Plans Upon Request. The Lewis Building is available NOW for sale, as a whole, to investors, entrepreneurs, or anyone with their own vision of business ownership in Pagosa Springs. The First Floor has consistent tenancy all year around generating income from More than just the Tourism Industry. Tenants include Juice Goddess, Dance Academy & Barber shop to name a few. Property Management Services are already in place making transitions seamless. Ample parking can be found directly in front of the building and, behind the building with its own secured access. Lewis St. is also home of the Pagosa Springs Car Show and is located 1 block from the 4th of July Parade Route. The Lewis Building is walking distance from 3 Different Hot Springs Resorts, the Majestic San Juan River, Multiple Dining Locations, Art Galleries, Several Parks, Shopping, and all the City and County Divisions. It is a Very Rare Occasion when someone is able to acquire such a Beautiful Historic Building in such a Prime Location. OUT OF COURTESY FOR THE RESIDING TENANTS AND THEIR BUSINESS OPERATIONS - Please call NextHome RMR to schedule a viewing.

Date Added
December 16, 2019
Listing Status
Active
Days On Site
103
MLS#
765274

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Mixed Use
Sub-Type
Resale
Year
1983
Garage
0
Pool
No
Story(s)
2
Property View
No
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$795,000 Active
0 Beds
0 Baths
9,130 SQFT

Presented By Coldwell Banker Heritage House

Get in touch today! Phone: (970) 259-3333
Brokerage
Durango
(970) 259-3333
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Area Information

PS01 (Old Pagosa Springs) | Archuleta County |

$ 795,000
This listing is play_arrow 440.8% higher than the average in the area
$ 147,000 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
103 days on site
This listing is play_arrow 79.2% below the average in the area
495 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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