60 Hickory Ave - Hospitality FOR SALE


Akron, CO 80720
$575,000 USD
720-438-1093
60 Hickory Ave, Akron, CO for Sale
$575,000 USD
Hospitality - FOR SALE
1/46
null | 3.75% Cap Rate

60 Hickory Ave
Akron, CO 80720


HIGHLIGHTS

  • 12,000± square feet of versatile space, including an 18-room motel, conference and recreation facilities, office space, manager’s living quarters
  • detached 1,600± square foot maintenance shop, 4 cars, drive-through workshop
  • Truck Parking, New Roof 2026

OVERVIEW

Exceptional commercial opportunity featuring approximately 12,000± square feet of versatile space, including an 18-room motel, conference and recreation facilities, office space, manager’s living quarters, and a detached 1,600± square foot maintenance shop. Built in 1980, the single-story motel has seen multiple updates, remodeled in 2017, including exterior paint, newer vinyl windows, updated interior spaces and a new roof in 2026. The property offers a manager’s residence with two bedrooms, full bath, kitchen, living area, and laundry, along with an updated registration office and welcoming lobby featuring a coffee bar, seating area, fireplace insert, and ADA-compliant restrooms. Guests are accommodated in 18 standard rooms, each equipped with independent heating and air conditioning, beds, TVs, mini refrigerators, microwaves, and private bathrooms. Several rooms offer adjoining configurations. Additional amenities create outstanding flexibility and income potential, including a conference room with an adjoining full kitchen and service counter, recreation area with office and playroom, vending and laundry facilities, housekeeping areas, and a small leasable commercial office with separate exterior entry, bathroom and independent HVAC. The detached maintenance shop features approximately 1,600± square feet, four electric overhead doors, concrete flooring, insulation, heat, and air conditioning. Truck parking with electrical hookups is located adjacent to the property. Located in the amazing and welcoming community of Akron, Colorado, this unique property offers a rare combination of hospitality, event, office, and service space with endless potential for an owner-operator or investor. Bring your vision and discover the possibilities—this is your chance to invest in a property that is ready to work as hard as you do! *** NOI is an average over last 6 years***

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$48 USD /SF

# OF ROOMS

17

PRICE/ROOM

$33,824 {currency}

CAP RATE

3.75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gemma's Crossing

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

E-Industrial

APN/PARCEL ID

92036001006

ASK ABOUT THIS PROPERTY

Alyssa BakerKey Team Real Estate Corp.More Info
720-438-1093

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Alyssa BakerKey Team Real Estate Corp.More Info
720-438-1093

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