$1,299,000

304 E Hwy 50

Salida CO, 81201

Description

Guests love all the updates this motel has received in the last 3 years. We have great Google, TripAdvisor and Expedia ratings. Sales are up 16% from last year. Our new additions are getting lots of attention (Studebaker car and electric car chargers retro-fit into vintage gas pumps). The motel sign made the cover of the May issue of Street Scene Magazine. Motel includes a 1383 sq. ft. 3 bed, 1 bath manager's quarters and 900 sq. ft. basement with 1 bed, 1 bath for maintenance/cleaner. Employee housing is essential in Salida. This 1950's retro-inspired motel offers all the modern comforts - wifi, cable, fridge/micro in all rooms, morning coffee/snacks, hot tub, dog friendly rooms, cruiser bikes, and guest laundry. Plenty of great restaurants nearby. Listing agent is also co-owner.

Details

MLS#8906679
StyleHospitality
Sub-TypeResale
StatusActive
Year1960
Days On Site116

Features

SQ Feet7,278
Story(s)1
ZoningCommercial

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Area Information

StateCO
CountyChaffee
CitySalida
Zip Code81201
AreaChaffee
Listing VS Median (in 81201)
Price:
$1,299,000
low | high
Med:
$349,000
100% of Average
SqFt:
7,278
low | high
Med:
1,465
100% of Average
$ / SqFt:
$178
low | high
Med:
$239
16.261511076988% of Average
On Site:
116
low | high
Med:
112
100% of Average
Listing Updated: 09/16/2019
MLS Number: 8906679
Listing Provided By:
Anne Graf  of  Colorado Mountain Realty
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