Commercial Sale · Active
Pagosa Springs, CO 81147
4 Baths · 7,124 Sq Ft
$1,300,000
Business
Property Type
0.81 acres
Lot Size
$182
Price per Sq Ft
835840
MLS #
About This Property
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
134 days on market
Listed by Zane Wells & John Wells · Wells Group Real Estate · 970-259-6680
Property Details
| Property Type | Commercial Sale |
| Sub Type | Business |
| Status | Active |
| Price per Sq Ft | $182 |
| MLS # | 835840 |
| Days on Market | 134 |
| Half Baths | 4 |
| Lot Size (Sq Ft) | 35,284 |
| Acres | 0.81 |
| Annual Taxes | $0 |
| Tax Year | 2025 |
| State | CO |
| County | Archuleta |
| Zoning | Commercial |
| Parking Features | Paved, Off Street, 20 + Total Spaces |
| Sewer | Public Sewer |
| Water Source | Public |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 6/30/2026 |
Pending Source: Colorado Real Estate Network (CREN) #835841 |
— |
| 6/8/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #835840 |
$1,300,000 +85.7% $182/sqft |
| 6/7/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #835841 |
$700,000 -63.2% $98/sqft |
| 3/5/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #832300 |
$1,900,000 $267/sqft |
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