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$ 3,500,000
Est. payment | /mo
15,079 SqFt
$ 3,500,000
Est. payment | /mo
15,079 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 15,079 sqft
Price per Sqft $232
MLS Listing ID 4520670
HOA Y/N No
Year Built 1951
Annual Tax Amount $11,709
Property Sub-Type Hotel/Motel
Property Description
Established Motel with 29 Rooms & Owner's Residence. An exceptional investment opportunity awaits with this well-positioned motel property sitting on a generous 43,778 sq ft site. Boasting three buildings across two stories, the property includes 29 rooms—featuring 14 double rooms, 14 king rooms, and a single-family residence—all within a total 15,079 sq ft building footprint. The single-family residence (built 1956) offers an annual rental income potential, adding additional value for the savvy investor. Guests enjoy convenient amenities such as a vending machine, and there are 25 on-site parking spaces for ease and accessibility and a 3-car garage. Located in a high-visibility area with prominent hotel signage, this property benefits from excellent regional and local access and is close to shopping, dining, and local attractions—making it a desirable stay for travelers and a strong performer in the hospitality market. Buyer/Buyer Broker to verify all information provided. Explore Lakewood Reinvestment Authority Activities - City of Lakewood.
Location
State CO
County Jefferson
Others
Special Listing Condition Not Applicable
Virtual Tour https://unbranded.virtuance.com/listing/9600-west-colfax-avenue-lakewood-colorado
Listed by Gillette Realty Group, LLC