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304 E Hwy 50, Salida, CO – $1,450,000

  • $1.5M Price
  • 7,278 Sqft
  • .71 Acres
  • $1.5M Price
  • 7,278 Sqft
  • .71 Acres

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304 E Hwy 50

Guests love all the updates this motel has received in the last 3 years. Google rating is 4.1 out of 5 stars and Hotels.com rating is 8.6 out of 10 stars. Sales were up 12% in the 1st qtr of 2019. People stop daily to photograph the neon sign, Studebaker car and the new electric 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 restaurants close by. Listing agent is also co-owner.

Listing Office: Colorado Mountain Realty

Essential Information

  • MLS® #8906679
  • Price$1,450,000
  • Bathrooms0.00
  • Square Footage7,278
  • Acres0.71
  • Year Built1960
  • TypeIncome
  • Sub-TypeCommercial
  • StyleRanch/1 Story
  • StatusActive
  • FeaturesCorner Lot

Community Information

  • Address304 E Hwy 50
  • SubdivisionSalida
  • CitySalida
  • CountyChaffee
  • StateCO
  • Zip Code81201

Amenities

  • Parking Spaces25
  • ParkingParking Lot
  • ViewMountain View

Interior

  • HeatingBaseboard, Wall Heater

Interior Features

Entrance-Outside, Heated, Private Bathrooms, Remodeled, Smoke Free, Updated, Utility Sink, Window Coverings

Cooling

Air Conditioning-Individual, Ceiling Fan

Exterior

  • Lot Description30750.00
  • WindowsWindow Coverings
  • RoofMembrane, Rolled Roofing
  • ConstructionBrick, Concrete

Exterior Features

Deck, Hot Tub/Spa, Utility Shed, Yard

Additional Information

  • ZoningCommercial
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Listing information last updated on June 20th, 2019 at 1:50pm MDT.