Matthew Menge - Coldwell Banker Distinctive Properties
7 Parelli Way
Pagosa Springs, CO 81147

$5,000,000

Description

7 Parelli Way is a first-class high quality 38,000 SF office & warehouse property in Pagosa Springs, CO, with 30,500 SF of office space and 7500 SF of warehouse complete complete with a loading dock. The property is a central hub, next to Walmart and highly visible from Highway 160, with both frontage and access from the three-way stop light. Current use is by the world renowned, Parelli International Horsemanship for its Pagosa Springs Headquarters, which will be moving, and another portion of which is leased to multiple tenants. This is an ideal location for an owner-occupier, or an investor looking to lease up the individual spaces. The current leases are short term to give as much flexibility to the new owner as possible. Many of the offices in the property have a fabulous views of not only the golf course but one of the gorgeous Pagosa Lakes and breathtaking Pagosa Peak. The property boasts small and large office spaces, with two mini kitchens and an auditorium with full ADA compliance and elevator. There is a second floor indoor balcony overlooking the first floor pavilion as well as multiple conference rooms throughout including restrooms on each level, a studio, editing suites, built in work stations, and a dedicated IT-server room. Financials are available for qualified buyers.

Details

MLS#747065
Sub-TypeResale
StatusActive
Year2007
Days On Site172

Features

SQ Feet36,000
Story(s)2
Units1
ZoningCommercial, office

Market Activity 81147

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Area Information

StateCO
CityPagosa Springs
Zip Code81147
AreaPS02 (Central - Township 5699)
Listing VS Median (in 81147)
Price:
$5,000,000
low | high
Med:
$149,000
100% of Average
SqFt:
36,000
low | high
Med:
600
100% of Average
$ / SqFt:
$139
low | high
Med:
$62
100% of Average
On Site:
172
low | high
Med:
419
41.050119331742% of Average
Listing Updated: 12/11/2018
MLS Number: 747065
Listing Provided By:
Shelley Low  of  EXIT Realty Home Ranch



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