2115 Eagle Dr - Warehouse FOR SALE


Pagosa Springs, CO 81147
$885,000 USD
970-880-2830
2115 Eagle Dr, Pagosa Springs, CO for Sale
$885,000 USD
Warehouse - FOR SALE
1/33
null | 6.68% Cap Rate

2115 Eagle Dr
Pagosa Springs, CO 81147


HIGHLIGHTS

  • Located on Hwy 160
  • Traffic Count: 18k

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$885,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

6.68%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

Lighting - Fluorescent, Gas, Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24

LAND SF

10,454

ZONING

Commercial, Mixed Use

APN/PARCEL ID

569915105034

ASK ABOUT THIS PROPERTY

Chris MottSherpa Real EstateMore Info
970-880-2830

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Chris MottSherpa Real EstateMore Info
970-880-2830

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.