For Sale
$1,200,000

Main St Montrose, CO 81401

Luxury B&B, High ROI Potential

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional 3,700 sq ft bed and breakfast inn in Montrose, CO, presents a lucrative investment opportunity. Projected to generate $85,800 in NOI with a 7.2% net cap rate (AIRDNA), this property boasts four (potentially five) elegantly appointed suites, each with private access. The inn features four bathrooms, cozy fireplaces, a welcoming guest check-in area, and a manager's suite complete with a kitchen and bathroom. Outdoor amenities include a pool, a cooking area, and private patios. Ample parking accommodates up to 15 vehicles. Located on Main Street, it enjoys high visibility and is within walking distance of local restaurants. The 0.57-acre property offers easy access to Montrose Regional Airport and is minutes from popular destinations like Telluride, Silverton, Ridgeway, Ouray, Grand Junction, and Durango, making it ideal for various ventures, including boutique hotels, Airbnb, lifestyle accommodations, or wedding venues. Seller financing is available. The property's prime location and strong projected returns make this a truly exceptional investment opportunity in a thriving Colorado community.

Property Details for Main St

Property type
Commercial real estate

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.47733
Longitude
-107.8798

FAQs

What type of property is this?
Commercial real estate - Luxury B&B, High ROI Potential
Where is the commercial real estate located?
The property is located at Main St Montrose, CO.
What is the asking price?
The asking price for this property is $1,200,000.
How can I contact the broker?
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Main St
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