250 Main St - Hospitality FOR SALE


Limon, CO 80828
$1,650,000 USD
860-716-1267
250 Main St, Limon, CO for Sale
$1,650,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

250 Main St
Limon, CO 80828


OVERVIEW

This renovated 39-room independent motel offers updated interiors and modern systems, making it a turnkey, cash-flowing asset well-positioned for long-term durability. Strategically located just off I-70, the property benefits from high visibility with over 4,000 vehicles passing daily—ideal for capturing both overnight and extended-stay traffic. The 1.03-acre parcel includes 75 surface parking spaces (1.92 per room), accommodating guests, truckers, and work crews with ease. Zoned CH3, the site presents future upside potential for expansion, additional units, or accessory uses. The property generates reliable income from transient guests, workforce housing, and long-term rentals, with a strong occupancy base and low turnover. It serves a consistent demand pool that includes contractors, traveling workers, and overnight visitors. Amenities include high-speed internet, public Wi-Fi, and smoke-free accommodations, appealing to both guests and operators. Located within a growing logistics corridor supported by infrastructure and energy projects, the asset is further enhanced by its freedom from franchise restrictions, making it ideal for self-management or customized branding. With room to optimize ADR and reduce operational leakage, this motel is well-suited for investors seeking stability, scalability, and flexibility in today’s hospitality landscape.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$107 USD /SF

# OF ROOMS

39

PRICE/ROOM

$42,308 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coyote Motel East

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1988

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

CH3

APN/PARCEL ID

258516302007

ASK ABOUT THIS PROPERTY

Kayla MahoneyEngel & Völkers DenverMore Info
860-716-1267

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Kayla MahoneyEngel & Völkers DenverMore Info
860-716-1267

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