123 Main StNucla, CO 81424

Property Details for 123 Main St

Property size (Sq ft)

21,790 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional investment opportunity presents a thriving 21,790 square foot hotel in Nucla, Colorado, listed at $1,799,000 ($82.56/sq ft). The property includes 42 air-conditioned guest rooms, catering to a consistent flow of tourists, travelers, and local clientele throughout the year. A significant advantage is the inclusion of a fully operational restaurant and bar, generating substantial additional revenue streams. The hotel also features five meeting rooms, ideal for corporate events or community gatherings. A large community room, previously a pool, offers versatile rental potential, further enhancing income generation. The property also boasts extended-stay rooms, providing diverse accommodation options. A detached manager's home is included, offering convenient on-site management. All existing inventory is included in the sale. While the restaurant requires a new vent hood, this is anticipated to be addressed shortly. This turnkey operation presents a rare opportunity to acquire a well-established hospitality business with significant growth potential in a desirable location. The property is located at 123 E Main St, Nucla, CO 81424. This is a for sale by owner listing.

Location Insight

City

Nucla

County

Montrose

State

Colorado

Latitude

38.2163

Longitude

-108.567

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