Prime Industrial Investment on Highway 160. Situated at 543 & 583 Navajo Trail Drive in Pagosa Springs, this 2.14-acre site features two identical multi-tenant buildings totaling 29,000 square feet. With 28 versatile units—24 at 1,000 square feet and four end units at 1,250 square feet complete with office space—each tenant enjoys their own half bath and individual natural-gas heater. Tenants handle their own gas and electric, while the owner takes care of property taxes, exterior maintenance (including landscaping and snow removal), water, sewer, and building insurance. Zoned Commercial within a Planned Unit Development, these buildings welcome everything from light industrial, service shops, manufacturing, to flex and retail uses. High visibility and direct access from the highway mean strong curb appeal for tenants and convenient routes for customers. Occupancy is high and demand is driving a waiting list for new tenants—proof of the market’s growing demand, low vacancy rates, and stable rents. Financials—available upon NDA execution—highlight a solid lease history delivering an attractive return. If you’re looking for an industrial asset with exceptional exposure, easy access, and proven performance, this is it.
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Listing Snapshot
Price
$4,200,000
Days On Site
301 Days
Bedrooms
N/A
Inside Area (SqFt)
29,000 sqft
Total Baths
5.25
Full Baths
N/A
Partial Baths
7
Lot Size
2.15 Acres
Year Built
2019
MLS® Number
826546
Status
Active
Property Tax
$27,223.96
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
5 months ago
Listing updated with changes from the MLS®
5 months ago
Price changed to $4,200,000
10 months ago
Listing first seen on site
General Features
Acres
2.15
Foundation
Slab
Property Sub Type
Industrial
SqFt Total
29000
Utilities
Natural Gas Available
Water Source
Public
Zoning
Planned Unit Development
Interior Features
Flooring
Concrete
Heating
Natural Gas
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Exterior Features
Roof
Metal
Community Features
MLS Area
PS03 (Pagosa Lakes)
Listing courtesy of Jon Johnson of Sherpa Real Estate