123 Main StNucla, CO 81424

Property Details for 123 Main St

Property size (Sq ft)

21,790 SF

Property type

Hospitality properties

Property subtype

Motels

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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