Building Details

Year Built 1946

Listing Agency: COLDWELL BANKER COLLEGIATE PEAKS REALTY Show Phone

Listed By: BETH LOCKETT Show Phone

Source: Corcoran

Added: Sep 18, 2025 Changed: Sep 3 Last Checked: Sep 4 at 7:33AM

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Investment Insights

Based on property information with market context.

This commercial property features a bungalow-style home and a motel, presenting various opportunities. The move-in ready home includes 2 bedrooms, 1 full bathroom, and a partially finished basement. The adjacent motel, operating since the 1940s, offers 5 spacious rooms that can be transformed to suit various needs, although the exterior footprint must remain the same. Potential business uses include an art studio with a gallery, a beauty salon or spa with nail and massage rooms, a multi-generational living space, a fly fishing shop, a storefront for a plumber or electrician, or a multi-office strip mall. The property is located 15 minutes from Salida, offering convenience and visibility to local commuters and seasonal tourists. The property includes a large parking lot. The motel is 3,389 square feet, and the home is 1,900 square feet, totaling 5,289 square feet.

Key Highlights

• Combined residential and commercial property offering live/work opportunity
• High‑visibility location on a commuter/tourist route, 15 minutes from Salida
• Existing motel structure with 5 spacious rooms adaptable for various uses

Property Analytics

Property Profile

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

Well-served

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this motels located? What is the asking price? Find similar properties What are key features of this property?

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Historic Motel with Redevelopment Potential

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RV Park with Motel Rooms

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Mixed-Use Property with Motel Rooms

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RV Park and Motel Resort

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Similar Off Market Nearby

• Rocky Top River Ranch — 10281 US-50, Howard, CO 81233

Frequently Asked Questions

What type of property is this?

Motel - Commercial property with bungalow, motel, and redevelopment opportunities.

Where is this motel 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: Combined residential and commercial property offering live/work opportunity; High‑visibility location on a commuter/tourist route, 15 minutes from Salida; Existing motel structure with 5 spacious rooms adaptable for various uses