$650,000

480 Lewis Street

Pagosa Springs CO, 81147

Description

An irreplaceable investment and golden opportunity with this Mixed Use-Residential property located in the heart of Pagosa Springs town center historic district. Own a piece of prime history...Originally built in1900 and taken to the studs in a chic 2014 remodel offering a total of five spacious bedrooms and three baths with feet warming radiant in floor heating, loft deck, and patio with fire pit. Designed for many uses including B&B, Vacation rental, duplex with two separate floors each offering full kitchens, laundry and entrances, one single private residence as it has the ability to access each level from the interior, a combination of business and home, or strictly commercial use. You won't find a more optimal location than this offers being just feet from the world famous Hot Springs, new grocery, multiple restaurants, bakeries, shops, cafes, the trout stocked rivers of the San Juan, town river walk, and more. Listen to the live music events that take place on Resevoir Hill and comfortably enjoy year round festivities right from the privacy of your own decks with picturesque mountain views. A very exciting Urban Renewal project is on the way in Historic Downtown Pagosa, this is the time to stake your claim before it becomes unobtainable. Pagosa has been celebrated multiple times as one of the top ten best mountain towns and with good reasons. A perfect combination of true small town charm but with exceptional amenities too. Pagosa is nestled inside millions of acres of national forest and wilderness land with live waters and lakes abound for trophy hunting and award winning fishing. Wolf Creek Ski Area is just 23 miles E. right at the Continental Divide where the prime conditions invite some of the best and most snow fall in all of Colorado, this is a once in a lifetime opportunity. All paved streets and the easiest utilities with PAWS central water/sewer, LPEA Electric, and Black Hills Energy natural gas. The top floor has been successfully rented casually while the main floor reserved for the owner. The potential here is virtually unlimited. Call to schedule your showing.

Details

MLS#764767
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1900
Days On Site19

Features

SQ Feet2,208
Story(s)2
Units2
ZoningMixed-Use Town Center

Market Activity 81147

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Area Information

StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS01 (Old Pagosa Springs)
Listing VS Median (in 81147)
Price:
$650,000
low | high
Med:
$152,000
100% of Average
SqFt:
2,208
low | high
Med:
0
100% of Average
$ / SqFt:
$294
low | high
Med:
$0
100% of Average
On Site:
19
low | high
Med:
165
11.515151515152% of Average
Listing Updated: 12/07/2019
MLS Number: 764767
Listing Provided By:
Kimberly Brown  of  Galles Properties



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