1524 Main St - Hospitality FOR SALE


Longmont, CO 80501
$2,850,000 USD
512-595-1864
1524 Main St, Longmont, CO for Sale
$2,850,000 USD
Hospitality - FOR SALE
1/22
null | 11.2% Cap Rate

1524 Main St
Longmont, CO 80501


HIGHLIGHTS

  • Value-Add: historically conservative operations with limited digital marketing, rate optimization, and OTA exposure, upside through ADR optimization
  • Fully Renovated: Comprehensive 2024–2025 renovation including major building systems, guest rooms, and interiors materially reduces risk and capex
  • Not Franchise Restricted: Allows buyers to implement their own branding, experiential design, or boutique hospitality concept.
  • Front Range Tourism Positioning: ~20 minutes to Boulder and 35–40 minutes to Rocky Mountain National Park, capturing regional leisure and tourism
  • Sundance Film Festival Relocation (2027): Expected to increase winter occupancy and ADR through regional lodging compression.
  • Revenue Enhancement: expand amenities, introduce experiential guest programming, increase ADR through dynamic pricing, further develop

OVERVIEW

Welcome to Cabins on Main, a fully renovated 18-unit boutique motel hospitality investment property located along Main Street in downtown Longmont, Colorado, strategically positioned between Boulder and Rocky Mountain National Park in one of the Front Range’s strongest tourism corridors. The property completed a comprehensive 2024–2025 renovation, including upgrades to major building systems (electrical, plumbing, HVAC, and fire/life safety) along with modernized guest rooms and refreshed interiors. These improvements effectively reset the physical lifecycle of the asset and materially reduce near-term capital expenditure risk. Historically operated with conservative management, minimal marketing exposure, and below-market room rates, Cabins on Main offers investors a compelling value-add opportunity driven primarily through operational improvements rather than additional renovation. With the physical improvements complete and OTA-ready booking infrastructure already in place, a new owner can focus on ADR growth, improved distribution, dynamic pricing, and experiential hospitality enhancements. The property benefits from strong regional tourism drivers including Boulder, Rocky Mountain National Park, and Northern Colorado employment centers, attracting outdoor travelers, leisure visitors, extended-stay guests, and event-driven tourism. Beginning in 2027, the relocation of the Sundance Film Festival to Boulder is expected to further increase regional lodging demand and seasonal ADR compression. Cabins on Main is ideally suited for owner-operators, boutique hospitality groups, or lifestyle investors seeking a renovated asset with clear operational upside in a high-growth Front Range market. Search Terms: Boutique motel, hospitality investment property, Colorado boutique hotel, owner operator hotel, Rocky Mountain tourism lodging, Boulder hospitality property.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$370 USD /SF

# OF ROOMS

19

PRICE/ROOM

$150,000 {currency}

CAP RATE

11.2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cabins on Main Renovated Boutique Hospitality

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

C, Longmont

APN/PARCEL ID

1205341-11-002

ASK ABOUT THIS PROPERTY

Kris ManthosColorado Commercial AdvisorsMore Info
512-595-1864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kris ManthosColorado Commercial AdvisorsMore Info
512-595-1864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.