304 E Hwy 50, Salida, 81201

REDUCED 10% Income - Commercial For Sale in Salida


Colorado Mountain Realty
MLS® #: 8906679

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.

Essential Information

MLS® #: 8906679
Price: $1,299,000
Bathrooms: 0.00
Square Footage: 7,278
Acres: 0.71
Year Built: 1960
Type: Income
Sub-Type: Commercial
Style: Ranch/1 Story
Status: Active
Features: Corner Lot

Community Information

Address: 304 E Hwy 50
Subdivision: Salida
City: Salida
County: Chaffee
State: CO
Zip Code: 81201


Parking Spaces: 25
Parking: Parking Lot
View: Mountain View


Interior Features: Window Coverings, Entrance-Outside, Heated, Private Bathrooms, Remodeled, Smoke Free, Updated, Utility Sink
Heating: Baseboard, Wall Heater
Cooling: Air Conditioning-Individual, Ceiling Fan


Exterior Features: Deck, Hot Tub/Spa, Utility Shed, Yard
Lot Description: 30750.00
Windows: Window Coverings
Roof: Membrane, Rolled Roofing
Construction: Brick, Concrete

Additional Information

Zoning: Commercial


$/SqFt: $178

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Listing information last updated on August 24th, 2019 at 9:34pm CDT.