925 1st Ave - Hospitality FOR SALE


Monte Vista, CO 81144
$1,999,000 USD
719-580-0129
925 1st Ave, Monte Vista, CO for Sale
$1,999,000 USD
Hospitality - FOR SALE
1/89
null | Request Cap Rate

925 1st Ave
Monte Vista, CO 81144


HIGHLIGHTS

  • Prime location in the heart of downtown Monte Vista, Colorado.
  • Historical hotel offering excellent opportunities for a restaurant, bar and more.
  • Thoughtfully updated keeping its timeless character and architerctural charm.

OVERVIEW

Own a charming piece of Colorado history with The Monte Villa Inn! This wonderful opportunity is perfect for an investor or owner-operator looking to acquire a historic hotel full of potential. Located on Main Street in Monte Vista, this beautifully maintained 3-star hotel from the 1930s has been thoughtfully updated while still keeping its timeless character and architectural charm. Recognized as a historical site since 1990, this property offers both history and opportunity in a fantastic location. The main lobby exudes classic elegance, featuring antique furnishings, a full-service bar, and a dining area that highlights the building’s heritage. Located in the center of downtown Monte Vista, the property benefits from steady year-round traffic and is just a short drive to major regional attractions, including the San Juan Mountains, Rio Grande National Forest, the Great Sand Dunes National Park, and about an hour from Wolf Creek Ski Area. The area supports tourism, outdoor recreation, and community events that create consistent hospitality demand. This turnkey hospitality business offers an opportunity for multiple revenue streams, including lodging, food and beverage, and event hosting. The manager's quarters could be converted back to retail or office space, featuring main street visibility. The property is uniquely situated so that a drive-thru could be added, providing an opportunity for a drive-thru business. Property amenities include: • 40 renovated guest rooms, each with private bathrooms. • Licensed restaurant and bar/lounge (formerly the Villa Pub), although the bar/lounge will require further renovation to become a functional space. • On-site breakfast café/coffee shop. • Commercial kitchen that is up-to-date with all licensing and inspections. • Conference or event space featuring a stained-glass ceiling. • Owner’s suite on-site. • Laundry facilities. • Private parking lot behind the building. • All furniture, fixtures, and equipment are included; everything you see is included except for the owner’s personal belongings. • Substantial tax advantages for qualified buyers. • Prime Main Street location with high visibility and strong local presence.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$69 USD /SF

# OF ROOMS

40

PRICE/ROOM

$49,975 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Monte Villa Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1930

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

C

APN/PARCEL ID

3531309003

ASK ABOUT THIS PROPERTY

Larry RobertsRoberts Group Real EstateMore Info
719-580-0129

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Larry RobertsRoberts Group Real EstateMore Info
719-580-0129

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