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Investment Highlights

  • Heavy daytime foot traffic

Executive Summary

Pagosa Valley Properties is pleased to present the opportunity to purchase an exclusive investment opportunity in The Lewis Street Building. Located in a rapidly developing, yet historic part of Pagosa Springs, CO, this building offers a significant value-add via adaptive re-use, with the ability to convert to office, retail, restaurant, or even residential condominiums. Originally built in 1983 but remodeled in 2004, The Lewis Street Building is one of the only multi-unit buildings that allows for individual ownership of each suite. This is a highly attractive opportunity to acquire a suite in an established office building in Downtown Pagosa Springs. Archuleta County is one of the most dynamic hotspots for entrepreneurs and small business owners. The Lewis Street Building is ideally located adjacent to the World’s Deepest Hot Springs, a locally owned ski resort with the best snow in Colorado, the finest white water rafting the San Juans have to offer, and boutique restaurants with mentions in national publications amongst other local gems. OWNER FINANCING available to qualified buyers.

1 Unit Available

Unit B1

Unit Size 231 SF
Price $84,084
Price Per SF $364.00
Condo Use Office
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Lease Option
APN/Parcel ID 569913338008
Description

Pagosa Valley Properties is pleased to present the opportunity to purchase an exclusive investment opportunity in The Lewis Street Building. Located in a rapidly developing, yet historic part of Pagosa Springs, CO, this building offers a significant value-add via adaptive re-use, with the ability to convert to office, retail, restaurant, or even residential condominiums. Originally built in 1983 but remodeled in 2004, The Lewis Street Building is one of the only multi-unit buildings that allows for individual ownership of each suite. This is a highly attractive opportunity to acquire a suite in an established office building in Downtown Pagosa Springs. Archuleta County is one of the most dynamic hotspots for entrepreneurs and small business owners. The Lewis Street Building is ideally located adjacent to the World’s Deepest Hot Springs, a locally owned ski resort with the best snow in Colorado, the finest white water rafting the San Juans have to offer, and boutique restaurants with mentions in national publications amongst other local gems. OWNER FINANCING available to qualified buyers.

Sale Notes

Real Estate only for sale. None of the businesses are for sale. Building is owned by one entity, option to purchase the entire building remains until first suite is sold. COA fees TBD.

450 Lewis Street entry
450 Lewis Street entry
450 Lewis Street Bathrooms and Showers
450 Lewis Street Bathrooms and showers
450 Lewis Street first floor hallway

+5 More

450 Lewis Street B1 Suite
View Photo 450 Lewis Street entry
View Photo 450 Lewis Street entry
View Photo 450 Lewis Street Bathrooms and Showers
View Photo 450 Lewis Street Bathrooms and showers
View Photo 450 Lewis Street first floor hallway
View Photo 450 Lewis Street B1 Suite
View Photo 450 Lewis Street Suite Balcony
View Photo 450 Lewis Street Mezzanine level
View Photo 450 Lewis Street third level hallway
View Photo 450 Lewis Street back hallway

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 9,130 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Residential
  • Office Office Residential
Building Class C
Floors 3
Typical Floor Size 3,043 SF
Year Built 1983
Lot Size 0.17 AC
Opportunity Zone Yes
Zoning Commercial / Residential - Mixed Use Town Center

Amenities

  • 24 Hour Access
  • Signage
  • Skylights
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Natural Grocers
TBK Bank
Central Bank of the Ozarks
  • Listing ID: 40397330

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 450 Lewis St, Pagosa Springs, CO 81147

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