- For Sale $1,795,000
- Property Type Other
- Property Size 6,072 SF
- Units 14
- Lot Size 0.42 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 16
- Year Built 1950
- Date Updated Dec 4, 2024
Reach out to the broker for more info on lease terms and amenities
Attachments
Highlights
- Offered at a 12.16% cap rate based on historical financials with significant room for growth
- 14 room exterior-corridor motel in the popular tourist destination of Hot Sulphur Springs, Colorado; owner's quarters are also available on-site (and can be rented separately as an apartment if desired)
- The Property is in close proximity to Hot Sulphur Springs Resort, which offers day passes to its 24 famous hot springs that are within walking distance. Many consider these hot springs to be the best in Colorado.
- The Property is only 30 miles from the popular tourist destination of Winter Park, Colorado, which was ranked as a top-40 US ski resort in Conde Nast's 2021 Reader's Choice Awards. The Property is also 30 miles from the western entrance to Rocky Mountain National Park
- The Property is located less than 100 miles from Denver, CO
- Outstanding value-add potential, including significant top-line revenue that can be generated by the addition of a restaurant
- Broker of Record: Michael A. Corbey with Realspace Commercial Real Estate, LLC
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Contacts
Location
Getting Around
-
Walk Score ®
18/100 Car-Dependent -
Bike Score ®
42/100 Somewhat Bikeable
- City Hot Sulphur Springs, CO
- Zip Code 80451
Points of Interest
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Granby
8.91 miles
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Mobil
7.83 miles
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King Soopers
9.33 miles
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City Market
9.33 miles
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Granby Trails Parking Lot
7.76 miles
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Ten Mile Drive Trailhead
9.78 miles
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WorldMark Granby Rocky Mountain Preserve
8.90 miles
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Dean's Public House
0.20 miles
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Parshall Inn
3.97 miles
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Debbie's Drive-In
8.09 miles
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Fat Cat
8.71 miles
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Mad Munchies 2
8.89 miles
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Domino's
9.32 miles
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Subway
9.33 miles
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McDonald's
9.35 miles
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Hermosa School
5.33 miles
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Columbine School
6.80 miles
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East Grand Middle School
8.38 miles
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Granby Elementary School
8.44 miles
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Middle Park High School
8.73 miles
Frequently Asked Questions
The space currently listed for sale at Canyon Motel asks for $1,795,000.
Canyon Motel totals 6,072 square feet.
Canyon Motel was built in 1950.
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SVN | Northco