2729 Colorado Boulevard

    Idaho Springs, CO 80452
    • $1,400,000
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: 2721574
    UPDATED: 203 min ago
    $1,400,000
    • 10
      BEDS
    • 0.45
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 6,762
      SQFT
    • $207
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1986
    County:

    School Ratings & Info

    Offered by Keller Williams Advantage Realty Llc.

    Description

    This property is like no other. Live and work in this profitable 5 suite, meticulously maintained property. All systems are completely set up and ready to go. Online booking has jet-propelled the profit margin of this well-established hotel. Owner has been meticulous with updates and improvements. Even the on-site laundromat generates income. An updated three bedroom 2000 square foot apartment with an attached garage make this property suitable for an onsite owner or live in manager for the investor. Guests enjoy the charm of the quaint mining town of Idaho Springs. Activities abound with skiing, hiking, rafting, shopping dining and scenic touring throughout the Front Range Rockies.

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    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The DeGrood Team | Brokers Guild are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.degroodteam.com/homes/98420183

    2729 Colorado Boulevard Idaho Springs, CO 80452

    • Price: $1,400,000
    • Status: Active
    • Updated: 203 min ago
    • ID#: 2721574
    10
    Beds
    8
    Baths
    0
    ½ Baths
    0.45
    Acres
    6,762
    SQFT
    $207
    $/SQFT
    1986
    Built
    Neighborhood:
    Idaho Springs
    County:
    Clear Creek
    Area:
    Idaho Springs
    Property Description
    This property is like no other. Live and work in this profitable 5 suite, meticulously maintained property. All systems are completely set up and ready to go. Online booking has jet-propelled the profit margin of this well-established hotel. Owner has been meticulous with updates and improvements. Even the on-site laundromat generates income. An updated three bedroom 2000 square foot apartment with an attached garage make this property suitable for an onsite owner or live in manager for the investor. Guests enjoy the charm of the quaint mining town of Idaho Springs. Activities abound with skiing, hiking, rafting, shopping dining and scenic touring throughout the Front Range Rockies.
    Exterior Features

    Construction Materials Wood Siding Construction Methods Frame Exterior Features BalconyDeckGuttersLightingMaintenance Free Exterior Parking Garage (Attached) (2 Spaces) Off-Street (5 Spaces) Parking Lot (10 Spaces) Parking Features 220 VoltsDriveway-AsphaltDry WalledOversized Deep Parking Total Searchable 17 Road Surface Paved Road Roof Composition Shingles Site Features Near Public TransitRecreation Structural Style Multi-Story Style Characteristics Low Rise (1-3) View Mountain ViewValley

    Interior Features

    Flooring CarpetTile FloorVinyl/Linoleum Interior Features Cable AvailableDouble Pane WindowsInternet Access (Wired)Private BathroomsRemodeledSmoke FreeUpdatedWindow CoveringsWork Shop (Interior) Sq Ft Above 6762 Sq Ft Finished 6202

    Property Features

    Additional Information Income History AvailableOwner Occupied Annual Expense Actual 99917 Annual Income Actual 242779 Annual Income Proj 220596 Annual Net Income Actual 142862 Association Fee Annual 0 Building Area Source Appraiser Measured Business Type Mixed UseMotel/HotelPersonal Service Capitalization Rate 10.00 Capitalization Rate Calculation 118551*10% Contract Addl Terms None Other Features Commercial Improvements Is Incorporated YN Yes Listing Financing CashConventional Owner Paid Utilities ElectricityGasInsuranceInternetProperty TaxTelevisionTrashWater Potential Rental Income Annual 220596 Real Estate Taxes 150 Reports Available EasementsLegal DescriptionLocation MapP And L AvailablePlatProfit/Loss StatementRental AverageSurvey Seller Type Individual Site Type Live/Work (Mixed Use)Mountain Property Status Conditions None Known Tax Amount 4541.00 Tax Year 2018 Transaction Type For Sale Water Annual Expense 14239 Zoning Commercial

    Listing courtesy of Keller Williams Advantage Realty Llc: MLS #2721574


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The DeGrood Team | Brokers Guild are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    The DeGrood Team | Brokers Guild
    7995 E Hampden Ave, Suite 100
    Denver CO, 80231
    Offered by Keller Williams Advantage Realty Llc.