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$ 389,900
Est. payment | /mo
7,855 SqFt
$ 389,900
Est. payment | /mo
7,855 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 7,855 sqft
Price per Sqft $49
MLS Listing ID 834670
Year Built 1946
Tax Year 2026
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Hotel/Motel
Property Description
Experience the ultimate investor's dream with this versatile, recently remodeled boutique hotel perfectly positioned with excellent highway frontage in the heart of Monte Vista, Colorado. This high-visibility property features 15 guest units alongside a dedicated manager's apartment and a stunning, custom-designed upstairs loft suite, offering a unique blend of modern durability and mountain charm. Built to last with a sturdy metal roof and classic wood siding, the interior boasts high-quality custom features that set it apart from the competition. While currently configured for hospitality, the property offers endless potential for those looking to capitalize on the region's growing housing demand, making it an ideal candidate for a seamless conversion into an apartment building. Whether you choose to operate a thriving roadside lodge or pivot to long-term multi-family rentals, this turnkey gem in the San Luis Valley provides the infrastructure and flexible layout necessary to maximize your return on investment.
Location
State CO
County Rio Grande
Interior
Heating Hot Water Baseboard
Flooring Carpet, Laminate, Tile
Furnishings Unfurnished
Exterior
Parking Features 10-20 Total Spaces
Utilities Available Electric, Internet, Natural Gas
Roof Type Metal
Building
Story 1
Foundation Concrete
Sewer Public Sewer Installed
Water Public
New Construction No
Listed by Steffens and Company Realty, Inc
Nearby Locations
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