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172 E Pagosa Street

Pagosa Springs, CO 81147
  • $1,300,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 804324
UPDATED: 31 min ago
$1,300,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
  • 5,000
    SQFT
  • $260
    $/SQFT
Type:
Commercial
Built:
1976
County:

School Ratings & Info

Listing courtesy of Best Of Pagosa Springs: 970-903-3431.


Description

Summit Ski & Sports, located in Pagosa Springs, Colorado, is a year round active outdoor retailer with a thriving Ski &Snowboard rental business near the legendary snow of Wolf Creek, known for The Most Snow in Colorado. This listing is specifically for the option to purchase the business for $1,300,000 and lease the space from the current owner. Summits focus is on winter with the area's largest selection of ski, snowboard hard goods, winter apparel and accessories. The high base elevation of Wolf Creek and prestigious snow make for a longer snowboard and ski selling season. In a changing climate Wolf Creek has a distinct advantage with snow. With a 35-year track record of great service and selection, the clientele consists of many repeat customers, tourists and powder lovers. Many great brands are on the selling floor including Patagonia, Columbia, Smartwool, Dakine, Never Summer, Union Bindings, Vans & Volcom just to name a few. The Victorian style building is located on the busy main street with great visibility. The rear of the building fronts to a Pagosa Springs town park, pond, river access, and the river walk opening up many new opportunities for summer revenue growth. 7-8 employees during the winter season & 2-3 Summer employees. Rental equipment inventory is $370,000. Retail merchandise Inventory offered at sellers' cost (average 200k) There is an option to purchase the real estate for $1,500,000. Don't hesitate to look at the opportunity in downtown Pagosa Springs that does not come around very often!

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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 2023. 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 The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2023-09-24T06:56:28.113.
www.homesforsaledurango.com/homes/140315365
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172 E Pagosa Street Pagosa Springs, CO 81147

  • Price: $1,300,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 31 min ago
  • MLS #: 804324
0
Beds
0
Baths
1
½ Baths
0.19
Acres
5,000
SQFT
$260
$/SQFT
1976
Built
Neighborhood:
Ps01 (Old Pagosa Springs)
County:
Archuleta
Area:
Ps01 (Old Pagosa Springs)
Property Description
Summit Ski & Sports, located in Pagosa Springs, Colorado, is a year round active outdoor retailer with a thriving Ski &Snowboard rental business near the legendary snow of Wolf Creek, known for The Most Snow in Colorado. This listing is specifically for the option to purchase the business for $1,300,000 and lease the space from the current owner. Summits focus is on winter with the area's largest selection of ski, snowboard hard goods, winter apparel and accessories. The high base elevation of Wolf Creek and prestigious snow make for a longer snowboard and ski selling season. In a changing climate Wolf Creek has a distinct advantage with snow. With a 35-year track record of great service and selection, the clientele consists of many repeat customers, tourists and powder lovers. Many great brands are on the selling floor including Patagonia, Columbia, Smartwool, Dakine, Never Summer, Union Bindings, Vans & Volcom just to name a few. The Victorian style building is located on the busy main street with great visibility. The rear of the building fronts to a Pagosa Springs town park, pond, river access, and the river walk opening up many new opportunities for summer revenue growth. 7-8 employees during the winter season & 2-3 Summer employees. Rental equipment inventory is $370,000. Retail merchandise Inventory offered at sellers' cost (average 200k) There is an option to purchase the real estate for $1,500,000. Don't hesitate to look at the opportunity in downtown Pagosa Springs that does not come around very often!
Exterior Features

Acreage Range Less Than 1/2 Carport No Lot Dimension 177X53x133x34x23 Parking Off Street10-20 Total SpacesCommonIn Rear Of Building Parking Spaces 11 Property Attached No Roof Rolled Asphalt Sewer Public Sewer AvailablePublic Sewer InstalledSewer Tap Paid Stories 2 Street Description City/TownCountyPaved Water PublicTap Installed PaidWater Installed Water Well No Waterfront Lake/Reservoir Waterfront YN No

Interior Features

Finished Sq Ft 5000 Flooring CarpetConcreteLaminate Foundation Basement-Below GradeBasement-FinishedSlabStemwall Heating Fuel Source ElectricNatural Gas Heating System Forced AirIn-Floor Radiant Lighting FluorescentIncandescent One Quarter Baths 0 Total Offices 0

Property Features

Books Available Yes Cam No Cap Rate Percent 11.18 Covenants Yes Current Business Summit Ski & Sports Current Use Mixed UseRetail Storefront Desc Of Business Ski Rentals & Retail Disclosures CovenantsSeller's Prop Disclosure Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included Yes Inventory Included Yes Landlord Pays Ext Maintenance (Bldg)Real Estate Taxes Lease Included Yes New Construction YN No Owners Association No Possible Property Use Bar/LoungeConvenience StoreMixed-UseRestaurantRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2022 Tenant Pays Building InsuranceElectricGasInterior MaintenanceSewer/WaterSnow RemovalTrash Total Taxes 8474.92 Type Retail Type Of Sale Asset Variable Rate No Water Rights No Year Started 1987 Zoning Type Mixed 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 2023. 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 The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2023-09-24T06:56:28.113.
 
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The Blackmore Group
842 Main Ave
Durango CO, 81301
Listing courtesy of Best Of Pagosa Springs: 970-903-3431.