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    406 Us Highway 24 N Buena Vista, CO 81211

    For Sale
    $1,150,000

    Sale - Buena Vista, CO

    Lot size:
    0.24 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 406 Us Highway 24 N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    R327108444410
    Parking features
    Off Street
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1950
    Building materials
    Frame
    Roof type
    Shake
    Architectural style
    Other

    Slifer Smith & Frampton Real Estate (970) 510-9697 [email protected]

    Listing agent Stewart Voutour (970) 510-9697

    Listing date Aug 25, 2025

    MLS# S1053467 Listing URL

    Copyright © 2025 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Commercial Property in Buena Vista

    Located on HWY 24 as you enter Buena Vista, this property presents a unique opportunity. Situated within the Highway Commercial District, it is designed to provide for retail sales and services that require good automobile access, and for other uses not requiring a centralized location but that do require highway frontage. The property offers possibilities to update the existing motel for nightly rentals or monthly leases, or to build a new structure. Located in an Opportunity Zone, the property benefits from tax incentives. The lot size is approximately 0.241 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Wholesale Shop Building Supply Realty agency Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Great Western Sumac Lodge, Topaz Lodge, Lakeside Motel, The Inn, G T Property Services

    Location Insight

    • Map
    • Local Demand
    City
    Buena Vista
    County
    Chaffee
    State
    Colorado
    Longitude
    -106.135963
    Latitude
    38.847677

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    FAQs

    What type of property is this?
    Motel - Prime highway location with redevelopment and investment potential.
    Where is this motel located?
    The property is located at 406 Us Highway 24 N Buena Vista, CO.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime location on HWY 24 at the entrance to Buena Vista.; - Located in a Highway Commercial District, ideal for retail and services.; - Situated in an Opportunity Zone with attractive tax incentives.
    (970) 510-9697
    Request Owner's contact information
    406 Us Highway 24 N Buena Vista, CO 81211
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    Buena Vista, CO 81211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    406 Us Highway 24 N Buena Vista, CO 81211
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