Don't miss out on this excellent opportunity to own a successful, longstanding lodging operation in the heart of Historic Durango, Colorado! Tourism in the area stayed strong through the down economy, and the number of visitors currently coming to the area is increasing, so this is your chance to capitalize on the growing Durango tourism industry. This well-established motel operation caters to tourists during all seasons, and offers extended stay rates during the off-season as well for those needing something more long-term. This 35 room motel is located on a busy stretch of Main avenue, with 175' of Main Avenue frontage and a highly visible signage. The property is located within walking distance to several popular restaurants, a full service grocery store, retail shopping, the Durango Rec Center, and the Animas River Trail. Of the 35 rooms, 19 have two queen beds, four rooms have three queen beds, six are single king rooms, and six are single queen rooms. All but three of the rooms have hot water heat. This could also be an excellent opportunity for redevelopment, or remodel the existing motel and open your own boutique motel, or continue to operate the existing motel as the current owner has done successfully for many years.
Natural Gas, Electric, Phone, Sanitary Sewer, Water
20 + Total Spaces, Paved, Common
|Status Changed from Back on Market to Active||–|
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2016. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to ulimited license rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer
Real Estate listings held by companies other than RE/MAX Pinnacle contain that company's name.
Fair Housing Disclaimer