REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,350,000
Est. payment /mo
Active
81 Greenbrier Drive Pagosa Springs, CO 81147
4 Baths
8,840 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,840 sqft
Price per Sqft $152
MLS Listing ID 836476
Full Baths 4
HOA Fees $365/ann
Year Built 2003
Tax Year 2025
Lot Size 1.260 Acres
Acres 1.26
Property Sub-Type Multi-Use
Property Description
Exceptional Investment Opportunity in Pagosa Springs, Colorado! This fully leased multi-tenant commercial investment property offers immediate cash flow with a strong history of occupancy and long-term stability. Featuring four established businesses, this quality commercial building is 100% occupied by dependable tenants with multi-year leases that include 5% annual rent escalations, providing built-in income growth and excellent investment potential. Designed for consistent returns, tenants are responsible for electric, natural gas, phone, and internet, while the landlord covers water, sewer, building maintenance, property taxes, and insurance. This is an outstanding opportunity for investors seeking a high-performing commercial property in one of Colorado's fastest-growing mountain communities. Ideally located in Pagosa Springs, Colorado, a year-round destination known for tourism, outdoor recreation, and a thriving local economy, this property benefits from strong business demand fueled by visitors to the world-famous hot springs, Wolf Creek Ski Area, and the surrounding San Juan Mountains. Whether you're expanding your commercial real estate portfolio or completing a 1031 exchange, this income-producing commercial building delivers reliable cash flow, professional tenants, and long-term appreciation potential.
Location
State CO
County Archuleta
Interior
Heating Ceiling Radiant, Forced Air
Flooring Concrete, Other, Tile
Furnishings Unfurnished
Exterior
Parking Features Paved, Off Street
Utilities Available Electric, Internet, Natural Gas, Phone, Sanitary Sewer, Water
Roof Type Metal
Building
Story 2
Foundation Concrete, Slab
Sewer Public Sewer Installed
Water Public
New Construction No
Listed by Jann C Pitcher Real Estate
NEARBY SCHOOLS & PROPERTIES
Lee Roufa
Broker License Partner Engel & Volkers Telluride | License ID: ec100033234