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About This Home

This 0-bedroom, 6-bathroom commercial at 118 N Pagosa Boulevard in Pagosa Springs, CO is listed for $1,900,000 ($193 per sqft). the home offers 9,848 sqft of living space on a 2.41 acres lot.

Agent Description

Zane Wells, The Wells Group of Durango, LLC, C:,,: 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 t

he 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.

Key Features

  • 2.41 acre lot

Property Details

6 half

Monthly Cost Estimate

$10,162/mo

20% down · 6.5% · 30 years

Principal$1,374
Interest$8,233
Insurance$554

Estimates only. Actual payments may vary.

Location

118 N Pagosa Boulevard

Pagosa Springs, CO 81147

Questions & Answers

This 0-bedroom, 6-bathroom commercial at 118 N Pagosa Boulevard is listed at $1,900,000 ($193/sqft). The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.

Key features include: 2.41 acre lot.

This property is listed by Zane Wells and can be reached at 9703171095 or zane@wellsgroupdurango.com.

ZW

Zane Wells

Agent at Wells Group Real Estate

(970) 317-1095

Listed by Wells Group Real Estate

MLS# 832300· Source: listhub· Updated today

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

118 N Pagosa Boulevard, Pagosa Springs, CO 81147

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