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New Castle, CO Hotels for Sale

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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Boutique Hotel with Four Suites
Boutique Hotel with Four Suites

1-167 Williams St, Minturn, CO

$1,585,000
2,060 sqft

Boutique hotel with four king suites, private baths, and six dedicated outdoor parking spaces.

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Boutique Hotel with Four King Suites
Boutique Hotel with Four King Suites

167 Williams Street, Minturn, CO 81645

$1,585,000
2,060 sqft 0.16 AC lot

Boutique hotel offering four king suites with 3/4 baths and six dedicated outdoor parking spaces.

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Historic Basalt Mixed-Use Opportunity
Historic Basalt Mixed-Use Opportunity

165 Midland Ave, Basalt, CO 81621

Contact for pricing
5,547 sqft 0.32 AC lot

Iconic property with redevelopment potential in downtown Basalt.

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Boutique Mountain Inn
Boutique Mountain Inn

220 Midland Ave, Basalt, CO 81621

Contact for pricing

Boutique inn with 25 guest rooms across two stories, renovated in 2023 and located in downtown Basalt.

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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.

Glenwood Springs Commercial Opportunity
Glenwood Springs Commercial Opportunity

51993 Hwy 6 & 24, Glenwood Springs, CO 81601

$4,900,000
3.93 AC lot

Four acres in Glenwood Springs with diverse development possibilities.

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Commercial Land Site for Development
Commercial Land Site for Development

2756 Crossroads Boulevard, Grand Junction, CO 81506

$1,650,000
3.65 AC lot

Ready for development with Crossroads Blvd and Compass Drive frontage near La Quinta and Holiday Inn Suites.

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PUD-Mixed Use Land Development Site
PUD-Mixed Use Land Development Site

2352 G Road lot: 1, Grand Junction, CO 81505

$1,430,940
2.19 AC lot

Proposed 5G subdivision lot, zoned PUD/mixed use and subject to the 24 Road Corridor design overlay.

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Build-Ready Commercial Land
Build-Ready Commercial Land

2376 G Road, Grand Junction, CO 81505

$1,699,000
2.81 AC lot

Build-ready commercial land with public water and arterial access near I-70, directly across from Community Hospital.

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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

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

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

$2,955,000
Estimated value
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

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

New Castle, CO Hotels Market Trends and Statistics

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

Sale prices for resorts 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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