45
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$3,500,000
Est. payment /mo
26 Baths
10,455 SqFt
New
1624 E Main Street Montrose, CO 81401
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 10,455 sqft
Price per Sqft $334
MLS Listing ID 835948
Full Baths 9
Half Baths 9
Three Quarter Bath 1
Year Built 1950
Tax Year 2025
Lot Size 2.880 Acres
Acres 2.88
Property Sub-Type Hotel/Motel
Property Description
COUNTRY LODGE MOTEL | HOSPITALITY INVESTMENT & REDEVELOPMENT OPPORTUNITY Motel 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 Queen 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 Beds In addition to the motel rooms, the property includes a detached 3-bedroom, 1-bath cabin, creating additional lodging flexibility 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. Whether 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-Family 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 Tourism Properties offering this 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.
Location
State CO
County Montrose
Interior
Heating Electric, Natural Gas
Furnishings Furnished
Exterior
Parking Features 20 + Total Spaces
Utilities Available Electric, Natural Gas
Roof Type Architectural Shingles
Building
Story 1
Foundation Slab
Water Public
New Construction No
Listed by Keller Williams Realty Southwest Associates, LLC - Montrose
NEARBY SCHOOL & BUSINESS
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