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About This Home

This land at 3101 Cornerstone Drive in Pagosa Springs, CO is listed for $525,000 (0.69 acres).

Agent Description

Eric Roark, Wells Group Real Estate, C:,,: Location and Accessibility:Located one block away from US Highway 160 with a traffic count of 16,000 vehicles per day.Close proximity (less than 500 feet walking distance) to major retailers such as Walmart, O'Reilly Auto Parts, Circle K, and Four States Tire and Service.Across the street from a planned re

sidential development of over 70 units, indicating growing local population and potential customer base.Property Features:Sidewalks, curbs, gutters already in place, enhancing accessibility and appeal.Includes plans for three separate units designed for multi-use retail/office and residential purposes.Offers 34 parking spots and ADA accessibility,

meeting modern standards and convenience requirements.Investment Potential:Presents an excellent opportunity for generating multiple streams of income through retail, office, and residential rental spaces.Located in a rapidly growing area with Pagosa Springs experiencing significant growth driven by its affordability compared to other Western Color

ado mountain towns.Annual tourism averaging 375,000 visitors due to attractions like Wolf Creek Ski Resort, Pagosa Hot Springs, and outdoor recreational activities throughout the year.Market Advantage:Positioned in one of the fastest growing regions of Colorado, benefiting from both local population growth and tourism.Lower price point compared to

neighboring mountain towns makes it attractive for investors and businesses looking to capitalize on growth potential.Conclusion:This commercial property in Pagosa Springs offers a compelling investment opportunity due to its prime location, infrastructure, proximity to major retailers, and projected residential growth.

With tourism as a significant economic driver and favorable market conditions, it represents a strategic asset for income generation and long-term appreciation.Potential investors and businesses looking to expand into a burgeoning market with diverse revenue streams should consider this offering seriously.

Key Features

  • 0.69 acre lot

Location

3101 Cornerstone Drive

Pagosa Springs, CO 81147

Questions & Answers

This 0-bedroom, 0-bathroom land at 3101 Cornerstone Drive is listed at $525,000. The estimated monthly payment is $2,275 based on 20% down at 6.5% interest.

Key features include: 0.69 acre lot.

This property is listed by Eric Roark and can be reached at 2147257893 or ericroark@wellsgroupdurango.com.

ER

Eric Roark

Agent at Wells Group Real Estate

(214) 725-7893

Listed by Wells Group Real Estate

MLS# 815237· Source: listhub· Updated today

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3101 Cornerstone Drive, Pagosa Springs, CO 81147

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