23 Pike Drive

Pagosa Springs, CO 81147

About this property

HUGE PRICE REDUCTION & in the Opportunity Zone... yes we just listed this however, It was for sale for $750,000 and it went into foreclosure. This HAS BEEN taken back by the owner (YES ALREADY DONE) and here we are at an extremely favorable price at $518,500 which includes the following.The exposure of this building sits on Hwy 160 and has incredible signage. The beautifully landscaped putt-putt golf course and Ice Cream food truck. The front 1336 Sq Foot building which was a small restaurant and and full kitchen to include booths and a side deck with fabulous views that leads back down to the ....EVENT Center which is just behind this building. Here is a building that has 2332 sq feet under one roof line and this is so unique and very cool. It has a full bar set up with 12 taps, huge walk in freezer, storage and electric windows that open to the bar counter and big area for tables, dancing along with a stage. The exterior to this is currently enclosed with heavy duty restaurant quality plastic to keep the weather out. This is waiting for someone to add electric garage door that leads out to an adult outdoor play area. To the side there is an area ideal to perhaps put food trucks, outdoor tables, the skies the limit on this and the views are awesome. So many opportunities on this property, you just have to come out and see it for yourself, you'll be glad you did. This property is being sold in AS IS Condition with a right for buyer to inspect

Date Added
May 11, 2020
Listing Status
Days On Site

Features and Additional Information

Lot Size
0 SqFt
Property Type
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$518,500 Active
0 Beds
3,668 SQFT

Presented By Coldwell Banker Heritage House

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Area Information

PS01 (Old Pagosa Springs) | Archuleta County |

$ 518,500
This listing is play_arrow 214.2% higher than the average in the area
$ 165,000 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
16 days on site
This listing is play_arrow 96.7% below the average in the area
485 days on site in the area

Schools in the Area

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