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The Wells Group of Durango, LLC Logo Active Commercial Sale Mixed-use

3101 Cornerstone Drive, Pagosa Springs, Colorado, 81147, USA

USD $389,000
Reference ID:815237 Web ID:b8163
  • One block from US Highway 160

  • Less than 500 feet to major retailers

  • Plans for three multi-use units

  • 34 parking spots with ADA access

  • Across from 70-unit residential development

Eric Roark, The Wells Group of Durango, LLC, C: 214-725-7893, ericroark@wellsgroupdurango.com, www.crenmls.com: Location and Accessibility:Located one block away from US Highway 160 with a traffic count of 16,000 vehicles per day.Close proximity (less than 500 feet walking distance) to major retailers such as Walmart, O'Reilly Auto Parts, Circle K, and Four States Tire and Service.Across the street from a planned residential development of over 70 units, indicating growing local population and potential customer base.Property Features:Sidewalks, curbs, gutters already in place, enhancing accessibility and appeal.Includes plans for three separate units designed for multi-use retail/office and residential purposes.Offers 34 parking spots and ADA accessibility, meeting modern standards and convenience requirements.Investment Potential:Presents an excellent opportunity for generating multiple streams of income through retail, office, and residential rental spaces.Located in a rapidly growing area with Pagosa Springs experiencing significant growth driven by its affordability compared to other Western Colorado mountain towns.Annual tourism averaging 375,000 visitors due to attractions like Wolf Creek Ski Resort, Pagosa Hot Springs, and outdoor recreational activities throughout the year.Market Advantage:Positioned in one of the fastest growing regions of Colorado, benefiting from both local population growth and tourism.Lower price point compared to neighboring mountain towns makes it attractive for investors and businesses looking to capitalize on growth potential.Conclusion:This commercial property in Pagosa Springs offers a compelling investment opportunity due to its prime location, infrastructure, proximity to major retailers, and projected residential growth. With tourism as a significant economic driver and favorable market conditions, it represents a strategic asset for income generation and long-term appreciation.Potential investors and businesses looking to expand into a burgeoning market with diverse revenue streams should consider this offering seriously.
  • Transaction Type:Commercial Sale
  • Property Type:Mixed-use
  • Status:Active
  • Lot Size:0.69 Acres
Map
Businesses Nearby

Cafe Colorado

(0.6 miles away)

Two Chicks & A Hippie

(1 mile away)

Chef's Custom Cuisine

(3 miles away)

Wild Finch

(3 miles away)

San Juan Eatery

(3 miles away)

Black Bart's Brunch

(3 miles away)

Meltdown on Main

(3 miles away)

Alley House Grille

(3 miles away)

Kip's Grill

(3 miles away)

Meander Riverside Eatery

(4 miles away)
Public Transportation

Mountain Express Transit

(0.9 miles away)

Pagosa Springs Medical Center

(1 mile away)
Airports

Stevens-Pagosa Springs Airfield

(2 miles away)
Contact The Wells Group of Durango, LLC
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Property Highlights

  • One block from US Highway 160

  • Less than 500 feet to major retailers

  • Plans for three multi-use units

  • 34 parking spots with ADA access

  • Across from 70-unit residential development