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$1,999,000
Est. payment /mo
27,338 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 27,338 sqft
Price per Sqft $73
MLS Listing ID 829717
Year Built 1930
Tax Year 2024
Lot Size 0.690 Acres
Acres 0.69
Property Sub-Type Hotel/Motel
Property Description
Own a charming piece of Colorado history with The Monte Villa Inn! This wonderful opportunity is perfect for an investor or owner-operator looking to acquire a historic hotel full of potential. Located on Main Street in Monte Vista, this beautifully maintained 3-star hotel from the 1930s has been thoughtfully updated while still keeping its timeless character and architectural charm. Recognized as a historical site since 1990, this property offers both history and opportunity in a fantastic location. The main lobby exudes classic elegance, featuring antique furnishings, a full-service bar, and a dining area that highlights the building's heritage. Located in the center of downtown Monte Vista, the property benefits from steady year-round traffic and is just a short drive to major regional attractions, including the San Juan Mountains, Rio Grande National Forest, the Great Sand Dunes National Park, and about an hour from Wolf Creek Ski Area. The area supports tourism, outdoor recreation, and community events that create consistent hospitality demand. This turnkey hospitality business offers an opportunity for multiple revenue streams, including lodging, food and beverage, and event hosting. The manager's quarters could be converted back to retail or office space, featuring main street visibility. The property is uniquely situated so that a drive-thru could be added, providing an opportunity for a drive-thru business. Property amenities include: • 40 renovated guest rooms, each with private bathrooms. • Licensed restaurant and bar/lounge (formerly the Villa Pub), although the bar/lounge will require further renovation to become a functional space. • On-site breakfast café/coffee shop. • Commercial kitchen that is up-to-date with all licensing and inspections. • Conference or event space featuring a stained-glass ceiling. • Owner's suite on-site. • Laundry facilities. • Private parking lot behind the building. • All furniture, fixtures, and equipment are included; everything you see is included except for the owner's personal belongings. • Substantial tax advantages for qualified buyers. • Prime Main Street location with high visibility and strong local presence. Call today for a private tour of this unique business opportunity.
Location
State CO
County Rio Grande
Interior
Heating Boiler
Cooling Other
Flooring Carpet, Concrete, Tile
Furnishings Furnished
Exterior
Parking Features On Street, Off Street, In Rear of Building
Utilities Available Electric, Internet, Natural Gas, Phone, Septic, Water
Roof Type Tile/Slate
Building
Story 3
Foundation Basement-Finished
Sewer Public Sewer Installed
Water Public
New Construction No
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Listed by Roberts Group Real Estate
Contact Rachel
Rachel Sadler
Broker Associate | ER DRE CO 100089210, CA 01991008
+1(970) 880-0823 | rachel@movemetoswco.com