480 Lewis Street

Pagosa Springs, CO 81147

About this property

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.

Date Added
November 18, 2019
Listing Status
Days On Site

Features and Additional Information

Lot Size
0 SqFt
Property Type
Mixed Use
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$650,000 Active
0 Beds
0 Baths
2,208 SQFT

Presented By Coldwell Banker Distinctive Properties, Steamboat Springs

Get in touch today! Phone: (970) 879-8814
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Area Information

PS01 (Old Pagosa Springs) | Archuleta County |

$ 650,000
This listing is play_arrow 333.3% higher than the average in the area
$ 150,000 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
26 days on site
This listing is play_arrow 97.7% below the average in the area
1,139 days on site in the area

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