Hospitality

New Castle, CO Hospitality Properties for Sale

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Silt, CO Glenwood Springs, CO Rifle, CO Collbran, CO Carbondale, CO Gypsum, CO
Turnkey Mixed-Use Income Property
Updated: Jun 23
Turnkey Mixed-Use Income Property

502 W Main St, New Castle, CO 81647

$1,450,000
Turnkey mixed‑use building (1898) on Main Street with 7 residential units plus ground‑floor commercial space
Ground‑floor salon space is currently leased; retained restaurant hood vent and grease trap preserve future food/beverage potential
New pricing: offered at a 9.2% cap rate based on current lodging operations
Established lodging operations across major short‑term rental platforms with existing listings, systems, and reviews
Flexible use options: continue as STR, pivot to furnished monthly stays, or convert to long‑term residential leasing
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Mountain RV Resort With Cabins
Mountain RV Resort With Cabins

30682 County Road 12, Somerset, CO 81434

$3,750,000
12,841 sqft 25.05 AC lot

Established hospitality property with cabins, RV accommodations, river frontage, and supporting retail amenities.

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Riverfront Campground and RV Resort
Riverfront Campground and RV Resort

30682 and 30680 County Road 12, Somerset, CO 81434

$8,250,000
21,682 sqft 171.00 AC lot

Established campground with cabins, RV sites, tent sites, lodging improvements, and commercial water infrastructure.

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Motel Property with Restaurant
Motel Property with Restaurant

10900 Highway 65, Mesa, CO 81643

$1,500,000
3,216 sqft 1.70 AC lot

Multi-use hospitality property combines overnight lodging with restaurant, lounge, and laundry services.

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Motel With Restaurant And Rentals
Motel With Restaurant And Rentals

10900 Highway 65, Mesa, CO 81643

$1,500,000
3,216 sqft 1.70 AC lot

Commercial property combining overnight lodging with a restaurant, lounge, laundromat, and four-unit rental building.

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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.

Waterfront Commercial Land
Waterfront Commercial Land

1421 River Frontage Road, Silt, CO 81652

$1,200,000
15.21 AC lot

B2-zoned land with river frontage, public water, fencing, and convenient Interstate 70 access.

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M-1 Commercial Land
M-1 Commercial Land

51579 Highway 6 & 24, Glenwood Springs, CO 81601

$5,500,000
3.00 AC lot

M-1 zoning supports commercial, residential, lodging, office, retail, healthcare, and recreation uses.

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Commercial Land with Highway Access
Commercial Land with Highway Access

51993 Hwy 6 & 24, Glenwood Springs, CO 81601

$4,900,000
3.93 AC lot

M1-zoned land with highway access, Interstate 70 exposure, fencing, and existing residential and commercial improvements.

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Waterfront Land with River Frontage
Waterfront Land with River Frontage

1797 N County Road 346, Rifle, CO 81650

$1,750,000
122.00 AC lot

Rural-zoned waterfront property with lakes and an existing power line.

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Off-Market Properties in New Castle, CO

Consider similar Off-Market properties in New Castle, 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.

581 County Rd 241
HOTEL/MOTEL

581 County Rd 241, New Castle, CO 81647-9498

Estimated value:
$2,925,000
2,600 sqft 10.00 AC lot
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781 Burning Mtn Ave
HOTEL/MOTEL

781 Burning Mtn Ave, New Castle, CO 81647-9679

Estimated value:
$2,955,000
24,142 sqft 1.64 AC lot
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15805 County Rd 245
HOTEL/MOTEL

15805 County Rd 245, New Castle, CO 81647-9806

Estimated value:
$205,000
1,904 sqft 39.34 AC lot
View details

New Castle, CO Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in New Castle, CO on our real estate platform.

Sale prices for hospitality properties in New Castle, CO average $1,450,000 — 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

Hotels 1

Demographics Overview

Population 7,037
Population Growth (5Y) -4.0%
Median Household Income $80,139
College Educated 40.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
81647 $1.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Garfield County

New Delisted

Total CRE Inventory on Market (SF)

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