118 N Pagosa Blvd, Pagosa Springs, CO

Name: 118 N Pagosa Blvd, For Sale in Pagosa Springs - eXp Realty
Brand: The Wells Group of Durango, LLC
SKU: 832300
Price: 1900000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,900,000

060

MLS® 832300

Key Facts
Description
Map

Key Facts

Type Business

Levels Commercial Sale

Size 9848 sqft

Garage No

HOA Fees

Taxes

Days Active 1

Approx. Age

Avg. Price Per Sqft $192

MLS® Number 832300

Property Address: 118 N Pagosa Blvd, Pagosa Springs, CO, 81147-8470

Average square foot calculated using Size range provided by listing agent.

Description

Turn-Key Restaurant + Brewery / Distillery Opportunity – Prime Pagosa Springs Commercial Property. Rare opportunity to acquire a fully equipped restaurant, brewery, and distillery-capable property in the heart of Pagosa Springs’ core commercial district. Situated on 2.4 acres with two buildings and multiple large private parking lots, the property offers extensive paved parking for customers and staff, excellent accessibility, and strong visibility directly across the street from a busy shopping center. The two-building configuration provides exceptional flexibility for a variety of ownership strategies, allowing a buyer to operate both buildings as a destination food and beverage campus, lease them individually to create a fully stabilized investment property, or pursue a hybrid owner-user model with rental income. The restaurant building is a true turnkey hospitality space featuring a fully equipped “Chef’s Dream” kitchen with multiple stations capable of supporting virtually any cuisine, along with a bar/pub area with restrooms, spacious dining room with additional restrooms, private VIP space, and retail area ideal for merchandise or specialty products. The property also offers strong indoor–outdoor hospitality appeal with a heated pergola, extensive outdoor beer garden, and large gathering areas suitable for events, live music, and seasonal dining. The adjacent brewery/distillery building provides a turnkey brewing operation with distillery potential and has seen numerous improvements including the original brewery and taproom installation in 2006, indoor lounge addition in 2008, expanded gravel parking in 2009, relocation of restaurant operations to the neighboring building in 2016, taproom and lounge remodel in 2020, and new epoxy flooring in the brewery production area in 2023. Included equipment features a 6-barrel direct-fire brewing system with a 2-vessel brewhouse, two double fermenters, four single fermenters, ten serving tanks, three distillate wash tanks, three walk-in coolers, keg cooperage, and a 15-tap system with full bar setup, making it ready for immediate production and service. With extensive improvements, strong infrastructure, and flexible use potential, this property presents a rare opportunity for an owner-operator, investor, or hybrid buyer to acquire a large, established hospitality and craft beverage property in one of Southwest Colorado’s most desirable mountain communities.

MLS® Number832300

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age

Stories1

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 9, 2026List Date

$1,900,000List Price

Commute

Commute

Starting Address

Destination Address

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