$1,165,000
$1,500,000
22.3%For more information regarding the value of a property, please contact us for a free consultation.
10520 US Highway 50 Poncha Springs, CO 81242
1 Sqft Lot
Key Details
Sold Price $1,165,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4031944
Sold Date 10/21/22
Style Bungalow, Chalet
HOA Y/N No
Originating Board recolorado
Year Built 1962
Annual Tax Amount $5,406
Tax Year 2020
Lot Size 1 Sqft
Acres 1.0
Property Description
Amazing opportunity to buy a successful motel at one of the busiest intersections in the state. Located at the crossroads of the Rocky Mountains, Hwys 50 and 285, the Poncha Lodge offers a variety of sized rooms. Monarch Mtn. is only 15 minutes away. Poncha Springs, one of the fastest growing areas in the state, offers friendly people, great trout fishing, bike and hike trails close by, as is world class rafting. Also included is a 3 bedroom, 2 bath modular home to use by the owner or long term rental. A 2 car garage is next to the home. This motel is completely furnished and equipped to take over right away. A beautiful courtyard in the rear offers a quiet sanctuary for guests. An enclosed place, formerly a hot tub spa with the utilities still in place should the new owner wish to replace. offers covered protection from the elements for card, board games and dominoes. On August 12, 2021 at noon, it was 80 degrees. The lodge and home currently has 19 beds, but there could easily be more. Financials are available with a signed NDA. Please note that there are 13 rentable units, one manager's suite and 3 bedrooms in the home to arrive at the 17 total units listed. The 2 car detached garage has a concrete floor and is 24'x24'. The hot tub space has a concrete floor and is 10'x14'. The sheds have wood floors and measure 16'x12', 10'x8', 8'x12'.
Location
State CO
County Chaffee
Zoning T5-Urban Center Zone
Interior
Fireplace N
Exterior
Parking Features Asphalt
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected, Propane, Sewer Connected
Roof Type Architecural Shingle, Metal, Rolled/Hot Mop
Total Parking Spaces 22
Garage No
Building
Lot Description Near Ski Area
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with First Colorado Land Office, Inc.