Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    308 E Main Street Frisco, CO 80443

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,175,000

    Hotel Frisco: a mountain lodge in the town core.

    Type:General Commercial
    Added:
    Jul 17, 2022
    Days on Market:
    1383
    Last Refresh:
    Apr 1 at 9:01 pm

    Property Features for 308 E Main Street

    General Information

    Standard status
    Active
    Property subtype
    General Commercial

    Building Details

    Year Built
    1936

    We can help!

    Listing Contact
    Joan Moats

    Listing agent Joan Moats

    Listing office Slifer Smith & Frampton R.E.

    Listing date Jul 17, 2022

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Slifer Smith & Frampton R.E.

    Overview

    Iconic Mountain Lodge in Frisco

    This iconic mountain lodge, known as Hotel Frisco, is situated in the town core of Frisco on Main Street. The property is offered for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Frisco
    County
    Summit
    State
    Colorado
    Longitude
    -106.0983639
    Latitude
    39.5755864

    Nearby Similar for Sale

    • $620,000

      Retail Condo in Premier Location

      Highly visible retail condo in Frisco near major retailers.
      842 N SUMMIT BOULEVARD, Frisco, CO 80443
      View Details
    • $35

      Prime Retail Location in Frisco

      High-traffic retail space in Frisco, ready for immediate occupancy.
      842 N SUMMIT BOULEVARD, Frisco, CO 80443
      View Details
    • $395,000

      Frisco Commercial Opportunity on Main

      Rare commercial property on Main Street in Downtown Frisco, Colorado.
      60 E MAIN STREET, Frisco, CO 80443
      View Details
    • $685,000

      Frisco Commercial Space For Sale

      Luxury commercial space suitable for restaurant, spa, or retail.
      80 W MAIN, Frisco, CO 80443
      View Details
    • $1,799,000
      3,598 SF

      9097 Flats

      Luxury building space ideal for restaurant, spa, or sporting goods.
      80 W Main St, Unit 110, Frisco, CO 80443
      View Details
    • $20

      Frisco Office Space with Views

      Top-floor office suite with mountain views in Frisco, Colorado.
      323 W MAIN STREET W, Frisco, CO 80443
      View Details
    • $685,000
      1,320 SF

      9097 Flats

      New luxury building, ideal for restaurant, spa, or sporting goods.
      80 W Main St, Unit 150, Frisco, CO 80443
      View Details
    • $1,799,000

      Frisco Commercial Space For Sale

      Luxury commercial space suitable for restaurant, spa, or sports business.
      80 W MAIN, Frisco, CO 80443
      View Details
    • $1,170,000

      Frisco Commercial Space For Sale

      New luxury building suitable for restaurant, spa, or sports business.
      80 W MAIN, Frisco, CO 80443
      View Details
    • $620,000

      Frisco Retail Space For Sale

      Retail space available in Frisco, Colorado shopping center.
      842 N Summit Boulevard 14, Frisco, CO 80443
      View Details
    • $565,000

      Downtown Frisco Office/Commercial Opportunity

      Office/commercial space in downtown Frisco with mountain views.
      419 E Main Street #C3, Frisco, CO 80443
      View Details
    • $1,170,000
      2,250 SF

      9097 Flats

      New luxury building, ideal for restaurant, spa, or sporting goods.
      80 W Main St, Unit 140, Frisco, CO 80443
      View Details

    FAQs

    What type of property is this?
    Hotel - Hotel Frisco: a mountain lodge in the town core.
    Where is this hotel located?
    The property is located at 308 E Main Street Frisco, CO.
    What is the asking price?
    The asking price for this property is $5,175,000.
    What are key features of this property?
    This property features: Iconic mountain lodge.; Located in the Frisco town core.; Situated on Main Street.
    (970) 453-9090
    We can help!
    Listing Contact
    Joan Moats
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!