1146 E HWY 50 Bldg , Unit

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Active Salida, CO 81201 MLS# 2318549 Listed by Susan Hughes on 07/14/2022
$1,950,000
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Commercial Property Type
1.10 Acres
8660.00 Sq Ft
1977 Year Built
Commercial (C-1) Zoning

Overview

Location, Opportunity and Income...this one has it all! This well maintained commercial property is currently used as monthly rentals and has virtually no vacancy. There are 19 single rooms with mini kitchens, 1 modular home and 1 manufactured home, laundry, outdoor park/picnic area and an office. The rooms rent for $800-$1200 per month each, the modular home rents for $2,000/month and the manufactured home rents for $1000/month. If monthly rentals are not your thing, you can revert back to a traditional motel model and rent out nightly. Excellent location on a highly visible and bustling section of Highway 50 in the popular mountain town of Salida Colorado and is only minutes from downtown Salida where quaint shops, restaurants and bars abound. Salida is a popular tourist destination offering world class whitewater rafting, skiing, fishing, mountain biking and hunting. Centrally located within a couple hours drive to all major city's and airports in Colorado. The lot is quite large at 1.1 acres - room to expand or develop into multi-unit neighborhood. Come check out this dynamic business opportunity today!

New Home Sales Hours

Courtesy Of Pinon Real Estate Group LLC
Source: REcolorado (ROCC)

View On REcolorado (ROCC)

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 0
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 8,660
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $225.17
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features Front Desk,Signage,Wi-Fi
    • Ceiling Height
    • Common Walls
    • Exclusions Seller will provide detailed list of exclusions Tenants Personal Property
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms:
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms:
    More Room Details

    Unit Information

    Summary

    • Number of Units 21
    • Number of Units Furnished
    • Number of Units Vacant 0
    • Unit Features
    Single Unit Details
    • Unit Type
    • Total Units 1
    • Average Rent
    • Average SqFt 1390.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Modular: Reception Area/Living 3BD 3BA
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit
    • Unit Type
    • Total Units 1
    • Average Rent
    • Average SqFt 6332.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description 19-Motel Residential Rooms 1-Each with Kitchenet and Bathroom
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit
    • Unit Type
    • Total Units 1
    • Average Rent
    • Average SqFt 300.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Laundry/Common Area
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit
    • Unit Type
    • Total Units 1
    • Average Rent
    • Average SqFt 938.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Manufactured Home
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels
    • Stories
    • Structure Type Free Standing
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Concrete,Frame,Other
    • Foundation Details
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Subdividable
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 1.10
    • Lot Size Dimensions
    • Lot Size SqFt 47,916
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $1,772,727.27
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access Public Road
    • Road Responsibility Public Maintained Road
    • Road Surface Gravel,Paved

    Parking/Garage

    Parking Space Summary

    • Parking Features Asphalt,Driveway-Gravel
    • Total Parking Spaces 20
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 20
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Sewer Connected
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 0.00
    • Cap Rate Calculation See remarks
    Actual expense details
      Commission Information
      • Buyer Agency Compensation 2.50%
      • Transaction Broker Compensation 2.50%
      • Compensation Offered
      • Dual Variable Compensation No
      • Commission Modified
      • Closing Comments
      Income details
      • Actual Annual Net Income $
      • Gross Income $
      • Income Includes
      • Income Includes Description
      Landleasing details
      • Land Lease Amount
      • Land Lease Amount Frequency
      • Land Lease?
      Projected
      • Other Annual Income $
      • Potential Rental Income Annual $
      • Projected Annual Expense $
      • Projected Annual Net Income $
      • Projected Gross Income $
      • Projected Gross Operating Income $
      • Projected Gross Scheduled Income $
      • Vacancy Credit Losses
      Tax details
      • Annual Tax $8,377
      • Legal Description LOTS 1 THRU 8 & ELY 20 FT LOT 9 ALL LOTS 17 THRU 24 & E'LY 20' LOT 16 BLK 27 ROBERDS THIRD ADD SALIDA
      • Tax Exemptions
      • Tax ID 380705427090
      • Tax Year 2022
      Other
      • Tenant Pays
      • Utilities Metering
      • Utilities Paid By Tenant

      Neighborhood

      Summary

      • Building Name
      • Development Name
      • Park Name
      • Senior Community No
      • Subdivision
      New Home Community
      • Community Description
      • Community MLS #
      • Community Name
      • Community Opening
      • Community Website
      • Current Promotions
      • Development Status
      • Directions from Agent
      • Move In Date
      • New Home Available Options
      • New Home Land MLS #
      • New Home Plan MLS #
      Zoning Details
      • Current Use Residential
      • Incorporated? No
      • Zoning Commercial (C-1)
      • Zoning Jurisdiction

      Other

      Business Details
      • Business Amenities
      • BusinessDescription
      • BusinessType
      • Year Established
      History
      • Original List Price $1,950,000
      Partial Ownership Details
      • Partial Ownership Amount
      • Week Remarks
      • Weeks Available
      Other
      • Home Warranty
      • Ownership
      • Possession Negotiable
      • Special Listing Conditions
      • Year Built 1977

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      School Zone

      District:
      Schools: Elementary School, High School, Middle School

      Area Map

      Walk Score

      Bike Score

      Bike Score

      0 description
      Transit Score

      Transit Score

      0 description summary
      Walk Score

      Walk Score

      0 description
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