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2115 & 2117 Eagle Drive

Pagosa Springs, CO 81147
  • $885,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 816831
UPDATED: 17 min ago
$885,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 5,558
    SQFT
  • $159
    $/SQFT
Type:
Commercial
Built:
1983
County:

School Ratings & Info

Listing courtesy of Sherpa Real Estate: 970-444-2570.


Description

Have you wanted to move to the mountains and own a money making commercial property at the same time? Well, this is your chance. After owning this tremendous commercial opportunity for decades, the owners have decided to transition this perfectly placed commercial asset. Located on the frontage road of Eagle Drive and along highway 160, this is a prime location for drive by traffic as thousands of visitors and locals drive by this location daily. This is a plug and play opportunity with two anchor tenants being Sunglass as the main tenant and an Automotive glass repair company in the rear of the parcel. These two businesses work together in a synergistic way to afford the Owners of this parcel peace of mind when it comes to stable tenants which are producing a constant stream of income to support the current rents. Note if the main tenant ever vacates which they have the option to renew for another 2 year period with a set increase amount (refer to the lease) then the main space has the ability to be converted into a live/work environment by converting the showroom of Sunglass upstairs into an apartment. Like we have said this is a tremendous opportunity to own an income producing parcel on the main thoroughfare of Pagosa Springs.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-09-16T07:57:08.623.
www.michellebrownhomes.com/homes/153425842
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2115 & 2117 Eagle Drive Pagosa Springs, CO 81147

  • Price: $885,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 17 min ago
  • MLS #: 816831
0
Beds
3
Baths
0
½ Baths
0.34
Acres
5,558
SQFT
$159
$/SQFT
1983
Built
Neighborhood:
Piedra Estates - 02 Cnty Code 00460
County:
Archuleta
Area:
Ps02 (Central - Township 5699)
Property Description
Have you wanted to move to the mountains and own a money making commercial property at the same time? Well, this is your chance. After owning this tremendous commercial opportunity for decades, the owners have decided to transition this perfectly placed commercial asset. Located on the frontage road of Eagle Drive and along highway 160, this is a prime location for drive by traffic as thousands of visitors and locals drive by this location daily. This is a plug and play opportunity with two anchor tenants being Sunglass as the main tenant and an Automotive glass repair company in the rear of the parcel. These two businesses work together in a synergistic way to afford the Owners of this parcel peace of mind when it comes to stable tenants which are producing a constant stream of income to support the current rents. Note if the main tenant ever vacates which they have the option to renew for another 2 year period with a set increase amount (refer to the lease) then the main space has the ability to be converted into a live/work environment by converting the showroom of Sunglass upstairs into an apartment. Like we have said this is a tremendous opportunity to own an income producing parcel on the main thoroughfare of Pagosa Springs.
Exterior Features

Acreage Range .5-.99 Carport No Lot Dimension See county records Parking In Rear of BuildingOff Street Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 5558 Lighting Fluorescent One Quarter Baths 0 Total Offices 0

Property Features

Available Utilities ElectricNatural GasPhoneWater Books Available No Cam No Cap Rate Percent 8.3 Covenants NO Current Business Sunglass and Safelite Current Use AutomotiveIndustrialManufacturingMixed UseRetail StorefrontRetail WarehouseShowroom Desc Of Business Glass Repair Documents On File LeasesProfit/Loss Exchange Trade No Existing Utilities ElectricNatural GasWater Fixtures Included No Inventory Included No Landlord Pays Building InsuranceCommon Area MaintenanceReal Estate Taxes Lease Included Yes Net Operating Income 73656 New Construction YN No Owners Association No Possible Property Use AutomotiveMixed-UseRetail StorefrontRetail WarehouseShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2024 Tenant Pays ElectricGasInterior MaintenanceJanitorialSewer/WaterTrash Total Taxes 4805.37 Type Multi-Use w/Res Water Rights No Zoning Type CommercialMixed Use

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-09-16T07:57:08.623.
 
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Michelle Brown Homes | Blackmore Group
2901 Main Avenue
Durango CO, 81301
Listing courtesy of Sherpa Real Estate: 970-444-2570.