Historic Motel with Redevelopment
For Sale
$650,000
10240 US Highway 50, Howard, CO 81233
Motel with bungalow home and redevelopment opportunities near Salida.
Property Size3,389 SF
Lot Size0.42 Acres
Price / SF$122.90
Days on Market169
Property Features for 10240 US Highway 50
General Information
Standard status
Active
Size
3,389 SF
Lot size
0.42 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$626
Building Details
Building Size
3,389 SF
Year Built
1946
Stories
1
Units
5
Listing Agency:
COLDWELL BANKER COLLEGIATE PEAKS REALTY
(303) 881-9467
Listed By:
Beth Lockett
(303) 881-9467
Source:
Elliman
Added: Mar 10
Changed: Aug 22
Last Checked: Aug 25 at 10:41AM
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 COLDWELL BANKER COLLEGIATE PEAKS REALTY
Investment Insights
Based on property information with market context.
This property presents an opportunity with a bungalow-style home and a motel. The home features 2 bedrooms, 1 full bathroom, and a partially finished basement. The motel includes 5 rooms that offer potential for transformation to suit various needs. While the exterior footprint must remain the same, the interior has minimal restrictions. Potential business uses include an art studio with a gallery/showroom, a beauty salon/spa with nail and massage rooms, a multi-generational living space, a fly fishing shop, a storefront for a plumber, electrician, or other trade, or a multi-office strip mall. The property is located 15 minutes from Salida, with visibility to local commuters and seasonal tourists. The total square footage is 5,289, with 1,900 SF for the home and 3,389 SF for the motel. The property includes a parking lot.
Key Highlights
- Combined residential and commercial property: Move‑in ready 2‑bedroom bungalow (1,900 SF) and a separate 5‑room motel building (3,389 SF) for a total of 5,289 SF.
- High‑visibility location** 15 minutes from Salida with commuter and tourist traffic.
- Large parking lot** for customers and clients.
Property Analytics
Property Profile
Current Use
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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Similar Off Market Nearby
- Rocky Top River Ranch — 10281 US-50, Howard, CO 81233
Frequently Asked Questions
What type of property is this?
Motel - Motel with bungalow home and redevelopment opportunities near Salida.
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: **Move‑in ready 2‑bedroom bungalow (1,900 SF) and a separate 5‑room motel building (3,389 SF) for a total of 5,289 SF.**; High‑visibility location** 15 minutes from Salida with commuter and tourist traffic.; Large parking lot** for customers and clients.
