118 N Pagosa Boulevard, Pagosa Springs, CO 81147
118 N Pagosa Boulevard, Pagosa Springs, CO 81147
118 N Pagosa Boulevard, Pagosa Springs, CO 81147
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The Blackmore Group Group

The Blackmore Group Group

+1(970) 444-2431
$1,300,000
Est. payment /mo
4 Baths
7,124 SqFt
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Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 7,124 sqft

Price per Sqft $182

MLS Listing ID 835840

Half Baths 4

Tax Year 2025

Lot Size 0.810 Acres

Acres 0.81

Property Sub-Type Restaurant

Property Description

Turn-Key Restaurant Opportunity with Exceptional Indoor-Outdoor Hospitality Space Rare opportunity to acquire a fully equipped restaurant property situated on approximately 0.81 acres in the heart of Pagosa Springs' core commercial district. With abundant paved parking and excellent visibility directly across from a busy shopping center, this turn-key hospitality property is ideally positioned to serve both local residents and the area's strong year-round tourism base. Spanning an impressive 7,124 square feet, the building was designed with efficiency and versatility in mind and features a fully equipped "Chef's Dream" kitchen with multiple stations capable of supporting virtually any cuisine. The oversized commercial kitchen and generous floor plan create the unique opportunity to operate two distinct restaurant concepts under one roof, allowing an owner to diversify offerings and maximize revenue potential. Additional improvements include a bar and pub area, spacious dining room, private VIP dining space, retail area ideal for merchandise or specialty products, and multiple restrooms to accommodate large volumes of guests. The property truly shines with its indoor-outdoor atmosphere. Guests can enjoy a heated pergola, expansive outdoor gathering areas, and a large beer garden setting that lends itself perfectly to live music, private events, and seasonal dining experiences. Ample parking and the flexible layout provide the foundation for a wide variety of restaurant, entertainment, and hospitality concepts. Offered at less than $200 per square foot, this property represents an exceptional value and a rare opportunity to acquire a large, well-equipped commercial asset in one of Southwest Colorado's most sought-after mountain communities. Whether continuing as a restaurant, creating multiple culinary concepts, or repositioning the property for another hospitality use, the combination of scale, infrastructure, location, and price make this a truly compelling opportunity for an owner-operator or investor

Location

State CO

County Archuleta

Interior

Furnishings Partially Furnished

Exterior

Parking Features Paved, Off Street, 20 + Total Spaces

Utilities Available Electric, Internet, Natural Gas, Phone, Water

Building

Story 1

Sewer Public Sewer Installed

Water Public

New Construction No

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Colorado Real Estate Network (CREN) + Sold
Listed by Wells Group Real Estate

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118 N Pagosa Boulevard

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The Blackmore Group Group

+1(970) 444-2431

ashley@ashleyblackmorehomes.com

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