Motel and Restaurant Income
For Sale
$1,500,000
10900 Highway 65, Mesa, CO 81643
COMMERCIAL - Mesa, CO
Property Size3,216 SF
Lot Size1.70 Acres
Price / SF$466.42
Days on Market54
Property Features for 10900 Highway 65
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Security features
Security System
Subdivision
Out of Area
Lot features
Landscaped
Directions
From I-70, exit 49 to Hwy 65. Wagon Wheel is on the left side of Highway.
Standard status
Active
APN
271329200021
Size
3,216 SF
Lot size
1.70 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Parcel 1 BEG 473FT S OF NW COR SEC 29 10S 96W E 155FT S 143FT W 155FT N 143FT TO BEG EXC HWY AS DESC IN B-1000 P-382 TO 384 CO CLKS OFF Parcel 2 BEG 180FT S & 155FT E OF NW COR SEC 29 10S 96W E 120FT S 436FT W 120FT N 436FT TO BEG
Tax Annual Amount
19270
Legal Description
Parcel 1 BEG 473FT S OF NW COR SEC 29 10S 96W E 155FT S 143FT W 155FT N 143FT TO BEG EXC HWY AS DESC IN B-1000 P-382 TO 384 CO CLKS OFF Parcel 2 BEG 180FT S & 155FT E OF NW COR SEC 29 10S 96W E 120FT S 436FT W 120FT N 436FT TO BEG
Utilities
Water source
Public
Building Details
Year built
1981
Building materials
Frame
Roof type
Metal
Listing Agency:
United Country Real Colorado Properties
(970) 256-9700
Listed By:
Julie Piland · License #FA100044654
(970) 985-0913
Added: Jun 8
Last Checked: Jul 31 at 9:06PM
MLS# 193194
Copyright © 2026 Aspen Glenwood MLS. 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 established Western Colorado commercial property is designed as a multi-business hospitality and rental operation, including a motel, restaurant, lounge, and laundromat, along with a newer building that provides four rental units. The site totals 1.7 acres and includes 3,216 square feet of building area. The property is described as having paved lane access, with accommodating common areas for guests and customers.
Located in the unincorporated community of Mesa along Highway 65, the property benefits from a high-visibility setting associated with all-season travel to Grand Mesa recreation. The surrounding area is highlighted for year-round tourism, outdoor activity, hunting, and skiing, with visitors coming through the Highway 65 corridor and connecting to the I-70 corridor for access to Grand Junction and regional services.
For tenants, buyers, or operators, the configuration supports a combination of lodging and daily-visit revenue streams through the restaurant, lounge, and laundromat, while the four rental units provide an additional income component within the same commercial holding. Owner financing is being considered by the seller.
Located in the unincorporated community of Mesa along Highway 65, the property benefits from a high-visibility setting associated with all-season travel to Grand Mesa recreation. The surrounding area is highlighted for year-round tourism, outdoor activity, hunting, and skiing, with visitors coming through the Highway 65 corridor and connecting to the I-70 corridor for access to Grand Junction and regional services.
For tenants, buyers, or operators, the configuration supports a combination of lodging and daily-visit revenue streams through the restaurant, lounge, and laundromat, while the four rental units provide an additional income component within the same commercial holding. Owner financing is being considered by the seller.
Key Highlights
- Commercial property in Mesa along Highway 65 (scenic byway to Grand Mesa), featuring multiple businesses and revenue streams.
- Includes motel, restaurant, and lounge in an established hospitality setup for overnight guests and on‑site dining.
- On‑site laundromat adds an additional income‑producing business with customer service facilities.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.3k | $21.24 |
| − Vacancy | −$5.3k | −$1.65 |
| EGI | $63.0k | $19.59 |
| − OpEx | −$15.8k | −$4.90 |
| NOI | $47.3k | $14.70 |
3,216 SF · lease $21.24/SF/yr · vacancy 7.75% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$675.1K
$590.8K – $787.7K
NOI $47,260 @ 7.0% cap · market cap 3.15%
Second Best
Multifamily LT 5
$456.9K
$399.8K – $533.1K
NOI $31,985 @ 7.0% cap · market cap 2.13%
Theoretical Best
Healthcare Medical
$6.10M
$5.34M – $7.12M
NOI $427,213 @ 7.0% cap · market cap 28.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 81643, CO
751
Population
639
Households
1.2
Avg Household Size
56
Median Age
36%
College-Educated
100%
High-School Grad
154.3 sq mi
ZIP Area
5
Density / Sq Mi
$125,469
Median Household Income
$59,201
Median Earnings
$581,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Motel - Multi-business hospitality setup with a motel, restaurant, lounge, laundromat, and four rental units under commercial zoning.
Where is this motel located?
The property is located at 10900 Highway 65 Mesa, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Commercial property in Mesa along Highway 65 (scenic byway to Grand Mesa), featuring multiple businesses and revenue streams.; Includes motel, restaurant, and lounge in an established hospitality setup for overnight guests and on‑site dining.; On‑site laundromat adds an additional income‑producing business with customer service facilities.
