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Drake, CO

Hospitality

Drake, CO Hospitality Properties for Sale

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Loveland, CO Glen Haven, CO Estes Park, CO Bellvue, CO Lyons, CO Johnstown, CO Berthoud, CO Fort Collins, CO

Highway Lodge with River RV

Updated: Jul 6, 2025

Highway Lodge with River RV

1601 US Highway 34, Drake, CO 80515

$1,300,000

8,963 sqft 22.61 AC lot

Established income from 12 RV spaces on the river, rented monthly from $900-$1000 per space.
Bar/restaurant with full liquor license and licensed commercial kitchen (including fire suppression system), all licenses included.
US Post Office ground lease with two 5‑year extensions.
22+ acre property** with multiple income streams (RV spaces, bar/restaurant, rentals, post office).
Lodge with 9 rooms upstairs, an up/down duplex, and a manager's apartment.

This listing looks promising.

Here's a quick look at some key insights for

1601 US Highway 34, Drake, CO 80515

View Property Analytics

Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$97K
Annual
Price @ 7% Cap

$1.38M
Above asking
Last Sold

Sep 2021
$950K
Property Type

Bed & Breakfast
Built 1901

View Property Analytics

Riverfront Property with Multiple Income

Updated: May 22, 2025

Riverfront Property with Multiple Income

1601 W Highway 34, Drake, CO 80515

Contact for pricing

8,795 sqft 22.00 AC lot

22+ acres with river frontage
Bar/Restaurant with full liquor license and outdoor seating
12 RV spaces on the River
US Post Office land lease (expires 2031 w/extensions)
Main floor 1 bedroom apartment and store front/office space

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Drake, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

Renovated Mountain Resort Hotel

Renovated Mountain Resort Hotel

1701 N LAKE AVE, Estes Park, CO 80517

Contact for pricing

88,668 sqft

150-key property with 132 guestrooms currently operating and the remainder used for employee housing.

Boutique Hotel on Fall River

Boutique Hotel on Fall River

1130 W Elkhorn Ave, Estes Park, CO 80517

$2,000,000

Adults-only hotel near Rocky Mountain National Park entrance.

Hampton Inn Hotel

Hampton Inn Hotel

5500 Stone Creek Circle, Loveland, CO 80538

Contact for pricing

Lodging property near major highways, healthcare campuses, retail, dining, and Northern Colorado event venues.

Centerra Community Mixed-Use Opportunity

Centerra Community Mixed-Use Opportunity

Block 505, Loveland, CO 80538

Contact for pricing

4.2M SF of mixed-use space in Centerra Community.

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.

Estes Park Development Opportunity

Estes Park Development Opportunity

W Elkhorn Rd, Estes Park, CO 80517

$2,295,000

2.08 AC lot

2.08 acres of A-zoned land near downtown Estes Park.

Rare Estes Park Zoned Lot

Rare Estes Park Zoned Lot

High Dr, Estes Park, CO 80517

$339,000

0.92 AC lot

Accommodations-zoned lot with flexible building options and guaranteed rental permit.

Hotel Development Land with Approved Units

Hotel Development Land with Approved Units

1895 Fall River Rd, Estes Park, CO 80517

$1,750,000

2.29 AC lot

A-zoned 2.29-acre site on Fall River Road with an approved plan for 26 hotel units and existing 3,089 SF building.

A-1 Zoned Land Near Estes

A-1 Zoned Land Near Estes

State Highway 7, Estes Park, CO 80517

$899,000

5.47 AC lot

5.47-acre vacant land with A-1 zoning near Estes Park.

Off-Market Properties in Drake, CO

Consider similar Off-Market properties in Drake, 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.

1601 Us Hwy 34

BED & BREAKFAST

1601 Us Hwy 34, Drake, CO 80515-9702

$845,000

Estimated value

7,752 sqft 22.61 AC lot

37 Dripping Spgs Ln

HOTEL/MOTEL

37 Dripping Spgs Ln, Drake, CO 80515-9753

$2,165,000

Estimated value

1,708 sqft 0.25 AC lot

45 Dripping Spgs Ln

MOTEL

45 Dripping Spgs Ln, Drake, CO 80515-9753

$2,165,000

Estimated value

756 sqft 0.45 AC lot

37 Dripping Spgs Ln

HOTEL/MOTEL

37 Dripping Spgs Ln, Drake, CO 80515-9753

$2,165,000

Estimated value

1,640 sqft 2.40 AC lot

2646 Us Hwy 34

HOTEL/MOTEL

2646 Us Hwy 34, Drake, CO 80515

$300,000

Estimated value

260 sqft 0.86 AC lot

Drake, CO Hospitality Properties Market Trends and Statistics

Explore 7 hospitality properties for sale in Drake, CO on our real estate platform. These investment opportunities span a total of 17,758 square feet of properties for sale, with an estimated market value of $1,300,000.

Sale prices for hospitality properties in Drake, CO average $1,300,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 786

Population Growth (5Y) -26.5%

Median Household Income $79,896

College Educated 65.3%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Larimer County

New Delisted

Total CRE Inventory on Market (SF)

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