730 N Santa Fe Ave - Hospitality FOR SALE


Pueblo, CO 81003
$400,000 USD
305-206-1286
730 N Santa Fe Ave, Pueblo, CO for Sale
$400,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

730 N Santa Fe Ave
Pueblo, CO 81003


HIGHLIGHTS

  • STARTING BID $400,000 | Santa Fe Inn & Suites – Pueblo, CO | 79 Keys | Downtown | Signalized Hard Corner | AUCTION OCTOBER 14-16
  • Downtown Pueblo Hotel | ±79 Keys + Vacant Restaurant: Independent hotel located along N. Santa Fe Ave near I-25 with ±79 rooms, vacant restaurant/bar
  • Significant Value-Add Opportunity: ±23 rooms currently online. Renovate, rebrand, and stabilize operations to capture underutilized revenue potential
  • Downtown Location with Tourism & Institutional Demand Drivers: Steps from Pueblo’s Creative Corridor, Arkansas Riverwalk, Parkview Medical Center
  • FEMA-Approved Lodging with Government/Contract Demand Potential: Ideal candidate for extended stay, direct-bill government lodging, or affordable work
  • Additional Income Potential via Vacant Restaurant & Bar: Activate or lease out the on-site restaurant and lounge space to diversify revenue streams.

OVERVIEW

Marcus & Millichap is pleased to present the Santa Fe Inn & Suites, a ±79-room, two-story independent hotel located at 730 N Santa Fe Avenue in Pueblo, Colorado. This value-add hospitality asset sits prominently along North Santa Fe Avenue, just off Interstate 25, and within walking distance to downtown Pueblo’s Creative Corridor, Arkansas Riverwalk, and other tourism, healthcare, and education demand drivers. The Property sits on 1.49 acres and features a two-story building offering ±79 total rooms (±23 currently online), a vacant restaurant and bar, seasonal outdoor pool, business center, and ample surface parking. Zoned B-4 for Central Business District, the site is well-positioned for rebranding, operational repositioning, or conversion to extended-stay or workforce housing. This creates an attractive dual-path investment: continue operations as a hotel or pursue a by-right residential redevelopment strategy. Additionally, the hotel is FEMA-approved, creating potential for government contract lodging opportunities. Pueblo’s economy is experiencing revitalization, with nearby anchors such as Parkview Medical Center, EVRAZ Steel, Pueblo Community College, and CS Wind supporting job growth and local demand. Recent city-backed investments including the Fuel & Iron Food Hall and Watertower Place demonstrate a strong push toward downtown redevelopment and hospitality demand renewal. The Hotel enjoys excellent visibility and access adjacent to I-25 (65,241 VPD) and sits at the signalized intersection of N Santa Fe Ave with traffic counts of 25,500 VPD and East 8th Street (6,489 VPD). The Property benefits from strong demographics with a population of 118,446 residents and an average household income of $64,403 within a 5-mile radius. The population has experienced 2.35% growth from 2020-2024 with 2.54% growth expected to continue through 2029.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$9 USD /SF

# OF ROOMS

80

PRICE/ROOM

$5,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction - Santa Fe Inn Pueblo | 79 Keys

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

B4

APN/PARCEL ID

0-4-30-3-16-002

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

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