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c.2024:Pinon Real Estate Group LLC or Assignees

LOCATION, OPPORTUNITY

and Income ... this one has it All! This well maintained commercial property is currently used as monthly rentals and has virtually no vacancy. There are 19 single rooms with mini kitchens, 1 modular home and 1 manufactured home, laundry, outdoor park/picnic area and an office. The rooms rent for $800-$1200 per month each, the modular home rents for $2,000/month and the manufactured me rents for $1000/month. If monthly rentals are not your thing, you can revert back to a traditional motel model and rent out nightly. Excellent location on a highly visible and bustling section of Highway 50 in the popular mountain town of Salida Colorado and is only minutes from downtown Salida where quaint shops, restaurants and bars abound.Salida is a popular tourist destination offering world class whitewater rafting, skiing, fishing, mountain biking and hunting. Centrally located within a couple hours drive to all major citys and airports in Colorado. The lot is quite large at 1.1 acres - room to expand or develop into multi-unit neighborhood. Come check out this dynamic business opportunity today!
MLS#: 2318549
Unit: 
Price:  $2,750,000
Bedrooms: 
Baths:  0.00
Sq Ft:  8660 SF
Lot Size:  1.10 acres
Garage: 
Zoning: Commercial (
Subdivision: 
Year Built: 1977
Schools: 
Map location from available data. Location should be verified. Click map for interactive view.

Pinon Real Estate Group LLC

Susan Dempsey Hughes, Broker Owner
201 F Street
Salida, CO | 81201

Direct: 7195398886
Office: 719-539-0200

Susan Dempsey Hughes

Information is from sources deemed reliable, but should be independently verified. All information is subject to change without notice and no warranty is offered. User assumes all risks.
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