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Mixed-Use Property with Motel Rooms
For Sale
$650,000

10240 US Highway 50, Howard, CO 81233

Commercial Sale, Howard, CO

Property Size3,389 SF
Lot Size0.42 Acres
Price / SF$191.80
Days on Market344

Property Features for 10240 US Highway 50

General Information

Property type Commercial Sale
Property subtype Other
Zoning Residential
Parking 11
Standard status Active
Size 3,389 SF
Lot size 0.42 Acres

Utilities

Sewer type Septic Tank
Water source Well

Building Details

Year built 1946
Floors in Building 1
Number of units 5
Building materials Cement Siding, Stucco
Roof type Metal
Architectural style Bungalow
Listing Agency: Coldwell Banker Collegiate Peaks Realty · Coldwell Banker Real Estate
Listed By: Beth Lockett
Added: Sep 16, 2025 Changed: Aug 24 Last Checked: Aug 25 at 4:06PM
MLS# 9184612

Copyright © 2026 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a bungalow-style residence with a five-room motel component. The home includes 2 bedrooms, 1 full bathroom, and a partially finished basement, while the motel area measures 3,389 square feet. Together, the property contains 5,289 square feet on a 0.42-acre lot. Built in 1946, the structure features cement siding and stucco, a metal roof, a well water source, and septic service.

The property fronts US Highway 50 in Howard, approximately 15 minutes from Salida. It has been operated as a motel since the 1940s, and the existing exterior footprint must remain in place while the interior carries minimal restrictions. The large parking area provides on-site space for occupants, customers, or clients. Residential zoning applies to the property.

Key Highlights

  • 5,289 square feet total, including a 1,900 SF home and 3,389 SF motel
  • Five motel rooms plus a 2‑bedroom, 1‑bathroom bungalow residence
  • 0.42‑acre lot with a large parking area

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Veterinary Clinic Wine and Liquor Store Travel Agency Clothing & Fashion Store Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 81233, CO

881
Population
688
Households
1.3
Avg Household Size
58
Median Age
21%
College-Educated
99%
High-School Grad
57.6 sq mi
ZIP Area
15
Density / Sq Mi
$57,664
Median Household Income
$51,875
Median Earnings
$488
Median Rent
$386,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Bungalow residence and five-room lodging component share a highway-front setting with flexible interior possibilities.
Where is this mixed-use property located?
The property is located at 10240 US Highway 50 Howard, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 5,289 square feet total, including a 1,900 SF home and 3,389 SF motel; Five motel rooms plus a 2‑bedroom, 1‑bathroom bungalow residence; 0.42‑acre lot with a large parking area
More about this property
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