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    Colorado Springs, CO
    Hospitality

    Colorado Springs, CO Hospitality Properties for Sale

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    Renovated Motel Near Downtown
    Updated: Jul 3, 2024
    Renovated Motel Near Downtown

    620 W Colorado Ave, Colorado Springs, CO 80905

    $1,950,000
    20,806 sqft 0.70 AC lot
    Prime location within walking distance of Downtown Colorado Springs.
    Fully renovated in 2023‑2024.
    Independent motel with 29 keys.
    Includes manager's living quarters.
    Solid brick building.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    620 W Colorado Ave, Colorado Springs, CO 80905

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $81K
      Annual

    • Mortgage

      $1.35M
      Sep 2021

    • Last Sold

      Sep 2021
      $1.7M

    • Property Type

      Motel
      Built 1930
    View Property Analytics
    Recently Renovated Colorado Springs Hotel
    Updated: Mar 11
    Recently Renovated Colorado Springs Hotel

    6875 Space Village Ave, Colorado Springs, CO 80915

    $6,250,000
    38,191 sqft 2.19 AC lot
    Strong historical financial performance with over $1.8 million in annual revenue for the past three years.
    Strategic location near Highway 24, providing excellent visibility and accessibility.
    Recently renovated in 2025 with approximately $400,000 in capital improvements, including a new boiler system.
    20 exterior corridor suites offer a unique repositioning opportunity for conversion into multifamily housing or assisted living units.
    Located within a federally designated Opportunity Zone, creating potential tax advantages for investors.
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    Versatile Property with Assisted Living Potential
    Versatile Property with Assisted Living Potential

    55 Pauma Valley Dr, Colorado Springs, CO 80921

    $975,000

    Spacious property zoned for mixed-use, senior housing, or bed & breakfast.

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    Renovated Family-Friendly Motel
    Renovated Family-Friendly Motel

    8350 RAZORBACK RD, Colorado Springs, CO 80920

    Contact for pricing
    18,688 sqft

    Renovated motel with suites and family rooms, offering free Wi-Fi, parking, and breakfast, plus pet-friendly and non-smoking areas.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Charming Boutique Hospitality Asset
    Charming Boutique Hospitality Asset

    3445 W Colorado Ave, Colorado Springs, CO 80904

    $2,000,000

    Seven buildings in the heart of Colorado Springs.

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    12-Unit Motel with Manager Suite
    12-Unit Motel with Manager Suite

    4700 N Nevada Ave, Colorado Springs, CO 80918

    Contact for pricing
    0.50 AC lot

    12-unit motel on 0.5 acres with a large on-site manager suite at 4700 N Nevada Ave.

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    Motel with Storage and Apartment
    Motel with Storage and Apartment

    2105 E Platte Ave, Colorado Springs, CO 80909

    $1,790,000
    1,624 sqft

    21-key motel, storage units, and apartment for sale.

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    Budget Host Inn For Sale
    Budget Host Inn For Sale

    3402 Sinton Rd, Colorado Springs, CO 80907

    $3,500,000

    42-room Budget Host Inn in Colorado Springs.

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    Extended Stay Hotel with 133 Rooms
    Extended Stay Hotel with 133 Rooms

    3490 Afternoon Cir, Colorado Springs, CO 80910

    Contact for pricing

    133-room extended stay hotel offered for sale, with proximity to Colorado Springs Airport and area training and outdoor destinations.

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    Colorado Springs Hospitality Property
    Colorado Springs Hospitality Property

    15275 Struthers Rd, Colorado Springs, CO 80921

    Contact for pricing

    Hospitality property for sale in Colorado Springs.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Colorado Springs, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Victor Boutique Hotel ForSale
    Historic Victor Boutique Hotel ForSale

    301 Victor Ave, Victor, CO 80860

    $2,225,000
    7,300 sqft 0.08 AC lot

    Turn-key boutique hotel with multiple income streams in historic Victor.

    View details
    Historic Boutique Hotel For Sale
    Historic Boutique Hotel For Sale

    301 Victor Ave, Victor, CO 80860

    $2,225,000
    0.08 AC lot

    Unique, renovated commercial building with multiple income streams in Victor, CO.

    View details
    Pikes Peak Lodge & Cabins
    Pikes Peak Lodge & Cabins

    777 US-24, Woodland Park, CO 80863

    Contact for pricing
    1.60 AC lot

    Boutique hotel with cabins and suites near Pikes Peak.

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    Pikes Peak Lodge & Cabins
    Pikes Peak Lodge & Cabins

    777 U.S. 24, Woodland Park, CO 80863

    Contact for pricing

    Boutique hotel with cabins and suites near Pikes Peak.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land, Pueblo, CO
    Prime Commercial Land, Pueblo, CO

    5175 NE Elizabeth St, Pueblo, CO 81008

    $152,460
    1.49 AC lot

    High-traffic, high-visibility commercial land near I-25 in Pueblo, Colorado.

    View details
    244-Acre Pine Retreat Opportunity
    244-Acre Pine Retreat Opportunity

    13034 US Hwy 285, Pine, CO 80470

    Contact for pricing
    244.26 AC lot

    244-acre property in Pine, Colorado, with development potential.

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    Build-Ready Mountain View Lot
    Build-Ready Mountain View Lot

    639 Spade Place lot: 76, Jefferson, CO 80456

    $225,000
    4.50 AC lot

    4.5-acre lot with power connected, a drilled well, and installed septic/leach field, plus driveway access to level areas.

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    Hartsel Land with Mountain Views
    Hartsel Land with Mountain Views

    217 Black Gatto Trail lot: 2597, Hartsel, CO 80449

    Contact for pricing
    4.37 AC lot

    Secluded 4+ acre camping lot with stunning mountain views.

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    Off-Market Properties in Colorado Springs, CO

    Consider similar Off-Market properties in Colorado Springs, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7085 Commerce Ctr Dr
    MOTEL

    7085 Commerce Ctr Dr, Colorado Springs, CO 80919-2651

    Value Estimation by Request
    36,360 sqft 1.14 AC lot
    View details
    5855 Corporate Dr
    MOTEL

    5855 Corporate Dr, Colorado Springs, CO 80919-5907

    $1,440,000
    Estimated value
    47,340 sqft 3.41 AC lot
    View details
    105 Spruce St
    HOTEL

    105 Spruce St, Colorado Springs, CO 80905-1409

    Value Estimation by Request
    61,586 sqft 2.44 AC lot
    View details
    6450 Academy Blvd
    MOTEL

    6450 Academy Blvd, Colorado Springs, CO 80918-8303

    $4,800,000
    Estimated value
    61,521 sqft 2.36 AC lot
    View details
    605 Peterson Rd
    MOTEL

    605 Peterson Rd, Colorado Springs, CO 80915-4001

    $730,000
    Estimated value
    14,829 sqft 1.11 AC lot
    View details
    3612 Colorado Ave
    MOTEL

    3612 Colorado Ave, Colorado Springs, CO 80904-1914

    Value Estimation by Request
    2,139 sqft 0.45 AC lot
    View details
    3270 Chestnut St
    MOTEL

    3270 Chestnut St, Colorado Springs, CO 80907-5014

    $1,875,000
    Estimated value
    11,656 sqft 0.62 AC lot
    View details
    3804 Academy Blvd
    MOTEL

    3804 Academy Blvd, Colorado Springs, CO 80917

    Value Estimation by Request
    4,274 sqft 3.08 AC lot
    View details
    2765 Geyser Dr
    MOTEL

    2765 Geyser Dr, Colorado Springs, CO 80906-4025

    $4,445,000
    Estimated value
    53,730 sqft 1.99 AC lot
    View details
    8350 Razorback Rd
    MOTEL

    8350 Razorback Rd, Colorado Springs, CO 80920-3953

    $2,660,000
    Estimated value
    18,688 sqft 0.51 AC lot
    View details
    7290 Commerce Ctr Dr
    HOTEL

    7290 Commerce Ctr Dr, Colorado Springs, CO 80919-2629

    $12,985,000
    Estimated value
    164,953 sqft 6.39 AC lot
    View details
    5420 New Car Dr
    HOTEL

    5420 New Car Dr, Colorado Springs, CO 80923-8856

    $3,210,000
    Estimated value
    61,628 sqft 2.86 AC lot
    View details
    430 Gdn Of The Gods Rd
    MOTEL

    430 Gdn Of The Gods Rd, Colorado Springs, CO 80907-4218

    $6,560,000
    Estimated value
    35,702 sqft 1.25 AC lot
    View details
    108 Widefield Blvd
    MOTEL

    108 Widefield Blvd, Colorado Springs, CO 80911-2235

    Value Estimation by Request
    1,294 sqft 0.18 AC lot
    View details

    Colorado Springs, CO Hospitality Properties Market Trends and Statistics

    Explore 72 hospitality properties for sale in Colorado Springs, CO, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 60,621 square feet of properties for sale, with an estimated market value of $9,990,000.

    Sale prices for hospitality properties in Colorado Springs, CO start at $1,790,000, averaging $3,330,000, and reaching up to $6,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 7
    Hotels 2
    Bed & breakfasts 1

    Demographics Overview

    Population 613K
    Population Growth (5Y) +46.9%
    Median Household Income $88,733
    College Educated 28.5%

    High-Yield Neighborhoods for Investment

    Identify Colorado Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    80926 $380K
    80921 $975K
    80909 $1.8M
    80904 $2M
    80907 $3.2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in El Paso County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Colorado Springs fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Colorado Springs, CO

    • 80921
    • 80904
    • 80905
    • 80907
    • 80909
    • 80915
    • 80926

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