$382,000

175 N 1st Street

Pagosa Springs CO, 81147

Description

Remarkable LOCATION with a torrent of OPTIONS adjacent to two Historical Colorado sites, one block north of Pagosa Street (Highway 160) with mountain VIEWS and sounds of the San Juan River, this 1,818 Square Foot building has stupendous potential. Situated at the corner of 1st St. and Lewis St. on a 0.143 acre lot with a private yard, a storage shed, new curb and sidewalks already installed, 4 private parking spaces, and parking on both sides of N 1st St. The property is zoned Multi-Use Residential and is currently being used as an accounting office and residence. The building consists of six rooms, a kitchen, one full bath, and one three-quarter bath with a laundry room all heated with a hot water baseboard heat. Future uses of the property are residential, professional offices, long or short-term rental, retail, or a quaint restaurant with shaded outdoor dining. The interior of the building needs improvements. However, with the town plan moving forward, the restoration of the historic water plant, the arched bridge over Rumbaugh Creek (a Public Water Feature), and enhanced landscaping on the way directly across the street, this property is a diamond in the rough. Grab it why it is affordable!

Details

MLS#762528
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusPending - Show
Days On Site48

Features

SQ Feet1,818
Story(s)1
Units1
ZoningMU-R

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:
$382,000
low | high
Med:
$168,250
100% of Average
SqFt:
1,818
low | high
Med:
0
100% of Average
$ / SqFt:
$210
low | high
Med:
$0
100% of Average
On Site:
48
low | high
Med:
164.5
29.179331306991% of Average
Listing Updated: 10/17/2019
MLS Number: 762528
Listing Provided By:
Lindy Moore  of  Galles Properties



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