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    Manitou Springs, CO Hospitality Properties for Sale

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    Steamboat Springs, CO Colorado Springs, CO Cascade, CO Green Mountain Falls, CO Woodland Park, CO Fort Carson, CO Cripple Creek, CO Divide, CO
    Historic Red Wing Motel
    Updated: Mar 6
    Historic Red Wing Motel

    56 El Paso Blvd, Manitou Springs, CO 80829

    $2,500,000
    11,588 sqft
    Turnkey boutique motel in a prime tourist location with immediate access to Garden of the Gods and views of Pikes Peak.
    Extensively renovated in 2016 with over $1.3 million invested.
    Features 19 updated guest rooms, plus a manager's 1‑bedroom apartment and an owner's 2‑bedroom apartment.
    Well‑maintained and recognized for cleanliness, quiet location, and welcoming atmosphere.
    Blends mid‑century character with modern comforts, including free high‑speed internet and smart TVs.
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    This listing looks promising.

    Here's a quick look at some key insights for

    56 El Paso Blvd, Manitou Springs, CO 80829

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $87K
      Annual

    • Mortgage

      $450K
      Aug 2016

    • Last Sold

      Nov 2012
      $484K

    • Property Type

      Motel
      Built 1961
    View Property Analytics
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 1 Active listings in Manitou Springs, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 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
    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.

    View details
    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.

    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
    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.

    View details
    Hartsel Camping Lot with Views
    Hartsel Camping Lot with Views

    Buck Street lot: 41, Hartsel, CO 80449

    Contact for pricing
    0.17 AC lot

    Affordable mountain retreat for outdoor lovers near reservoirs.

    View details
    Two Acre Off-Grid Lot
    Two Acre Off-Grid Lot

    887 Superstition Trail lot: 125, Hartsel, CO 80449

    Contact for pricing
    2.00 AC lot

    Two acre lot in Wildwood Rec Village, Park County.

    View details

    Off-Market Properties in Manitou Springs, CO

    Consider similar Off-Market properties in Manitou 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.

    304 Canon Ave
    HOTEL

    304 Canon Ave, Manitou Springs, CO 80829

    $3,965,000
    Estimated value
    45,459 sqft 1.20 AC lot
    View details
    229 Manitou Ave
    MOTEL

    229 Manitou Ave, Manitou Springs, CO 80829-2503

    $2,310,000
    Estimated value
    15,310 sqft 0.75 AC lot
    View details
    132 Manitou Ave
    MOTEL

    132 Manitou Ave, Manitou Springs, CO 80829-2427

    $810,000
    Estimated value
    1,568 sqft 1.49 AC lot
    View details
    626 Manitou Ave
    MOTEL

    626 Manitou Ave, Manitou Springs, CO 80829-1808

    $1,040,000
    Estimated value
    8,776 sqft 0.38 AC lot
    View details
    711 Manitou Ave
    BED & BREAKFAST

    711 Manitou Ave, Manitou Springs, CO 80829-1809

    Value Estimation by Request
    5,389 sqft 0.28 AC lot
    View details
    123 Manitou Ave
    MOTEL

    123 Manitou Ave, Manitou Springs, CO 80829-2426

    $2,575,000
    Estimated value
    2,494 sqft 2.18 AC lot
    View details
    423 Manitou Ave
    MOTEL

    423 Manitou Ave, Manitou Springs, CO 80829-2318

    $2,840,000
    Estimated value
    10,558 sqft 0.45 AC lot
    View details
    103 Manitou Ave
    MOTEL

    103 Manitou Ave, Manitou Springs, CO 80829-2426

    $3,340,000
    Estimated value
    14,031 sqft 1.39 AC lot
    View details
    161 Crystal Park Rd
    MOTEL

    161 Crystal Park Rd, Manitou Springs, CO 80829-2633

    $1,190,000
    Estimated value
    706 sqft 9.04 AC lot
    View details
    3 Manitou Ave
    MOTEL

    3 Manitou Ave, Manitou Springs, CO 80829-2424

    Value Estimation by Request
    336 sqft 0.86 AC lot
    View details
    23 Manitou Ave
    MOTEL

    23 Manitou Ave, Manitou Springs, CO 80829-2424

    Value Estimation by Request
    1,964 sqft 3.68 AC lot
    View details
    45 Manitou Ave
    MOTEL

    45 Manitou Ave, Manitou Springs, CO 80829-2453

    $3,375,000
    Estimated value
    32,939 sqft 1.21 AC lot
    View details
    114 Manitou Ave
    HOTEL

    114 Manitou Ave, Manitou Springs, CO 80829-2427

    $4,505,000
    Estimated value
    36,745 sqft 0.95 AC lot
    View details
    311 Manitou Ave
    MOTEL

    311 Manitou Ave, Manitou Springs, CO 80829-2505

    Value Estimation by Request
    4,896 sqft 0.64 AC lot
    View details
    120 Manitou Ave
    MOTEL

    120 Manitou Ave, Manitou Springs, CO 80829-2427

    $2,675,000
    Estimated value
    29,578 sqft 2.59 AC lot
    View details
    120 Manitou Ave
    MOTEL

    120 Manitou Ave, Manitou Springs, CO 80829-2427

    $3,060,000
    Estimated value
    31,391 sqft 1.63 AC lot
    View details
    56 El Paso Blvd
    MOTEL

    56 El Paso Blvd, Manitou Springs, CO 80829-2455

    $1,020,000
    Estimated value
    11,588 sqft 0.44 AC lot
    View details
    461 Manitou Ave
    MOTEL

    461 Manitou Ave, Manitou Springs, CO 80829-2318

    Value Estimation by Request
    3,185 sqft 0.43 AC lot
    View details

    Manitou Springs, CO Hospitality Properties Market Trends and Statistics

    Explore 19 hospitality properties for sale in Manitou Springs, CO on our real estate platform. These investment opportunities span a total of 11,588 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for hospitality properties in Manitou Springs, CO start at $2,500,000, averaging $2,500,000, and reaching up to $2,500,000 — 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

    Motels 2

    Demographics Overview

    Population 5,574
    Population Growth (5Y) -3.8%
    Median Household Income $85,341
    College Educated 75.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    80829 $2M

    Taxes & Financing

    Tax Rate (average for all types) 6.90%
    Property Tax per SF $55.51 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in El Paso County

    New Delisted

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