Exciting commercial real estate investment, comprised of 41 units including 12 kitchens and 4 kitchenettes, 7 cabins with heated pool, hot tub, large secure parking area and open, fully irrigated green space. An incredible opportunity to own mostly flat usable land with I-70 frontage. Great potential for an owner operated Motel or design your redevelopment project. Multiple possibilities for residential or commercial projects in C1 zone district. Currently on well and city sewer. Located in the Opportunity Zone only minutes to downtown and 2 Hot Springs pools, Glenwood Caverns, White water park, many other tourist attractions. Listed as Outside Magazine's Top ten places to live in the United States. Easy access to 2 airports, Amtrak train station, RFTA bus stop and I-70
- Price:
- $3,800,000
- Square Footage:
- 18,000
- Acreage:
- 2.42
- Year Built:
- 1947
- Listing ID #:
- 155548
- Street Address:
- 051637 Hwy 6 & 24
- City:
- Glenwood Springs
- State:
- Colorado
- Postal Code:
- 81601
- County:
- Field
- Community:
- West Of Glenwood
- Subdivision:
- None
- Listing Status:
- Pending
- Listing Type:
- Commercial
- Amenities:
- Front Desk, Pets Allowed/Owner
- Building Condition:
- Good
- Complex/Building Access:
- Paved
- Construction Description:
- Frame, Poured Concrete
- Features:
- Employee Quarters, Fireplace, Furnished, Gas/Log Fireplace, Handicap Access, Kitchen Area, Landscaped, Laundry, Living Quarters, Management, Pool, Restrooms, Storage
- Green Features:
- Solar
- Number Of Units:
- 21+ Units
- Total Building Square Footage:
- 18000
- Type Of Roof:
- Composition Shingles
- Year Built:
- 1947
- Year Renovated:
- 1998.00
- Business Description:
- Red Mountain Inn
- Conforms To Zoning:
- C1
- Existing Land Use:
- Motel
- Lot Features:
- High Traffic Loc, High Visibility, Highway Access, View
- Lot Square Footage:
- 105415.00
- Water Rights:
- Yes
- Association Fee Payment Frequency:
- Year
- Property Taxes:
- $23,390
- Tax Year:
- 2019
- Parking Description:
- 21 + Spaces
- Electricity:
- Yes
- Existing Water:
- City, Well - Household
- Gas:
- Natural Gas
- Heating And Air:
- Baseboard, Central Ac, Electric, Forced Air, Gas, Solar Comb
- Sewage Type:
- Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Coldwell Banker Mason Morse-Carbondale
Similar Properties
$3,800,000
051637 Highway 6 & 24, Glenwood Springs, CO 81601
18,000 SqFt
-- Beds | -- Baths
Listing Provided By Gabriella M Sutro of Coldwell Banker Mason Morse-Carbondale ACTIVE UNDER CONTRACT
