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About This Home

This 0-bedroom, 26-bathroom commercial at 1624 E Main Street in Montrose, CO is listed for $3,500,000 ($335 per sqft). Built in 1950, the home offers 10,455 sqft of living space on a 2.88 acres lot.

Agent Description

Isaiah Perez, Keller Williams Realty Southwest Associates, LLC - Montrose, C:,,: COUNTRY LODGE MOTEL | HOSPITALITY INVESTMENT & REDEVELOPMENT OPPORTUNITYMotel Business Opportunity or Prime Real Estate Opportunity? Why not both?Welcome to the Country Lodge Motel, a rare opportunity to acquire a well-established hospitality asset situated on approximately 2.88 acres of B-2 Highway Commercial land in one of Montrose's busiest commercial corridors.

Offering exceptional visibility, easy access, and multiple income-producing components, this property presents a unique opportunity for investors, owner-operators, developers, and entrepreneurs alike.The lodging improvements consist of 23 motel units with a diverse room mix designed to accommodate a wide range of travelers:- 9 Rooms featuring Two Q

ueen Beds- 5 Additional Rooms featuring 1 Queen Beds- 4 King Bed Rooms- Room 15 - Spacious En-Suite Room with Kitchenette- 3 Rooms featuring One Queen Bed and Kitchenette- Room 14 - Oversized Room featuring Three Queen BedsIn addition to the motel rooms, the property includes a detached 3-bedroom, 1-bath cabin, creating additional lodging flexibili

ty for extended-stay guests, workforce housing, or supplemental rental income.Further enhancing the value are two separate single-family residences included in the sale. These homes provide ideal accommodations for an owner-operator, on-site management, employee housing, or additional rental income streams.Positioned along a high-traffic commercial

corridor, the Country Lodge Motel benefits from excellent exposure to local and regional travelers while serving as a gateway to the many attractions of Western Colorado. The property is conveniently located near shopping, dining, healthcare services, outdoor recreation, and the tourism destinations that make Montrose a year-round travel hub.Whethe

r your vision is to continue operating a successful motel business, expand hospitality operations, create workforce housing, develop additional commercial improvements, or redevelop the site entirely, this property offers flexibility rarely available in today's market.Property Highlights:- 23 Motel Units- Detached 3 Bed / 1 Bath Cabin- Two Single-F

amily Homes Included- Approximately 2.88 Acres- B-2 Highway Commercial Zoning- Multiple Income-Producing Structures- Strong Visibility and Accessibility- Owner-Operator Opportunity- Employee or Management Housing On-Site- Expansion and Redevelopment Potential- Prime East Main Street Location- Gateway to Western Colorado TourismProperties offering t

his combination of operating income, residential improvements, commercial zoning, and redevelopment potential are increasingly difficult to find. Continue a successful hospitality operation today while positioning yourself for tomorrow's growth and development opportunities.

Key Features

  • Built in 1950
  • 2.88 acre lot

Property Details

9 full, 9 half
1950

Monthly Cost Estimate

$18,719/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,167
Insurance$1,021

Estimates only. Actual payments may vary.

Location

1624 E Main Street

Montrose, CO 81401

Questions & Answers

This 0-bedroom, 26-bathroom commercial at 1624 E Main Street is listed at $3,500,000 ($335/sqft). The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 2.88 acre lot.

This property is listed by Isaiah Perez and can be reached at 5055002081 or isaiahperezco@gmail.com.

IP

Isaiah Perez

Agent at Keller Williams Realty Southwest Associates, LLC - Montrose

(505) 500-2081

Listed by Keller Williams Realty Southwest Associates, LLC - Montrose

MLS# 835948· Source: listhub· Updated today

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1624 E Main Street, Montrose, CO 81401

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