3077 Main Avenue

    Durango, CO 81301
    • $2,150,000
    • STATUS: Active
    • ON SITE: 314 days
    • MLS #: 738494
    UPDATED: 24 min ago
    $2,150,000
    • 0
      BEDS
    • 0.6
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    • 11,985
      SQFT
    • $179
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1965
    County:

    School Ratings & Info

    Listing courtesy of Coldwell Banker Heritage House.


    Description

    Don't miss out on this excellent opportunity to own a successful, longstanding lodging operation in the heart of Historic Durango, Colorado! Tourism in the area stayed strong through the down economy, and the number of visitors currently coming to the area is increasing, so this is your chance to capitalize on the growing Durango tourism industry. This well-established motel operation caters to tourists during all seasons, and offers extended stay rates during the off-season as well for those needing something more long-term. This 35 room motel is located on a busy stretch of Main avenue, with 175' of Main Avenue frontage and a highly visible signage. The property is located within walking distance to several popular restaurants, a full service grocery store, retail shopping, the Durango Rec Center, and the Animas River Trail. Of the 35 rooms, 19 have two queen beds, four rooms have three queen beds, six are single king rooms, and six are single queen rooms. All but three of the rooms have hot water heat. This could also be an excellent opportunity for redevelopment, or remodel the existing motel and open your own boutique motel, or continue to operate the existing motel as the current owner has done successfully for many years.

    Monthly Payment Calculator

    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 2018. 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 Dawn Howe Real Estate Network | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2018-08-18T23:56:52.85.
    www.crestedbutteliving.com/homes/77391659

    3077 Main Avenue Durango, CO 81301

    • Price: $2,150,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 738494
    0
    Beds
    9
    Baths
    0
    ½ Baths
    0.6
    Acres
    11,985
    SQFT
    $179
    $/SQFT
    1965
    Built
    Neighborhood:
    Animas City
    County:
    La Plata
    Area:
    Durango In Town
    Property Description
    Don't miss out on this excellent opportunity to own a successful, longstanding lodging operation in the heart of Historic Durango, Colorado! Tourism in the area stayed strong through the down economy, and the number of visitors currently coming to the area is increasing, so this is your chance to capitalize on the growing Durango tourism industry. This well-established motel operation caters to tourists during all seasons, and offers extended stay rates during the off-season as well for those needing something more long-term. This 35 room motel is located on a busy stretch of Main avenue, with 175' of Main Avenue frontage and a highly visible signage. The property is located within walking distance to several popular restaurants, a full service grocery store, retail shopping, the Durango Rec Center, and the Animas River Trail. Of the 35 rooms, 19 have two queen beds, four rooms have three queen beds, six are single king rooms, and six are single queen rooms. All but three of the rooms have hot water heat. This could also be an excellent opportunity for redevelopment, or remodel the existing motel and open your own boutique motel, or continue to operate the existing motel as the current owner has done successfully for many years.
    Exterior Features

    Acreage Range .5-.99 Construction Block Lot Dimension 175X150 Parking Paved20 + Total SpacesCommon Sewer Sewer Tap Paid Stories 2 Street Description City/TownPaved Water Water InstalledTap Installed Paid Water Well No Waterfront YN No

    Interior Features

    Cooling Yes Cooling Type Window A/C Unit(S) Finished Sq Ft 11985 Flooring TileCarpet Foundation Slab Heating Fuel Source Natural GasElectric Heating System Boiler Loading Dock No One Quarter Baths 0

    Property Features

    Books Available Yes Cam No Current Business Budget Inn Current Use Lodging Desc Of Business Motel Existing Utilities Sanitary SewerWaterNatural GasElectricPhone Fixtures Included Yes Inventory Included Yes Lease Included No New Construction YN No Owners Association No Possible Property Use General OfficeLodgingMulti-Flex/R & DRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2016 Total Taxes $12254.24 Type Hotel/Motel Type Of Sale Asset Variable Rate No Water Rights No Zoning Type Commercial

    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 2018. 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 Dawn Howe Real Estate Network | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2018-08-18T23:56:52.85.
     
    The Dawn Howe Real Estate Network | Keller Williams Realty
    PO Box 2142
    Crested Butte CO, 81224
    Listing courtesy of Coldwell Banker Heritage House.