$2,695,000
0.6± Acres
Active
La Plata County, CO
Contact Text Me Maps

3077 Main, Durango, Colorado

MLS ID: 791122
Status: Active
Price: $2,695,000
Acres: 0.6±
Type: Commercial
Address: 3077 Main
City, State: Durango, CO
County: La Plata County
ZIP Code: 81301
Lat/Long: 37.298916, -107.871893
Parcel Number: 566517407002
Listed by: Todd Sieger of Coldwell Banker Distinctive Properties
Bathrooms: 9
SqFt: 11,985
Year Built: 1965

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 is at an all-time high, and the record number of visitors coming to the area looks to continue, 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 of Durango's most popular restaurants, a full service grocery store, retail shopping, the Durango Rec Center, and the Animas River Trail. Of the 35 rooms, 17 have two queen beds, four rooms have three queen beds, eight are single king rooms, and six are single queen rooms. Two of the single king rooms have been recently remodeled to include kitchenettes and new furniture. These king studio rooms rent for a premium, and have been very popular with guests. All but three of the rooms have hot water heat. In addition to the 35 guest rooms, there is also a one bedroom on-site manager's quarters. This could also be an excellent opportunity for redevelopment, or continue with renovating more rooms and make this into your own boutique motel. The income supports the continued operation of the existing motel as the current owner has done successfully for 45 years.

Additional Information

Interior

Bathrooms Full: 9
Building Area Total: 11,985
Furnished: Furnished
Heating (Yes/no): Yes
Heating: Electric, Hot Water, Natural Gas

Exterior

Inclusions: Furniture, Fixtures, Training Available, Trade Name, Phone #, Software, Computer System, Phone System
Lot Size Dimensions: 175x150
Parking Features: Common, Paved, Parking Spaces
Road Frontage Type: Highway
Stories: 2
Water Source: Public

Financial/HOA/Schools

Days On Market: 329
Subdivision Name: Animas City
Zoning Description: Commercial

Maps

Get Directions
  • NAIP
  • Satellite
  • Topography
Robert Gash, ALC

Robert Gash, ALC

Cedaredge, Colorado

Interested? Contact Us Today About This Listing

  • This field is for validation purposes and should be left unchanged.

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of December 4, 2023 at 12:00:00 AM UTC.

SOURCE: 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 (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. "COPYRIGHT (2023) by COLORADO REAL ESTATE NETWORK" 121 N PARK AVENUE, MONTROSE, CO 81401 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN). PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

Listed By: Todd Sieger of Coldwell Banker Distinctive Properties

© 2023 Colorado Country Broker LLC | All Rights Reserved

Land Broker Website by Realstack