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Silver Cliff Mountain Inn
For Sale
$869,000

700 Ohio Street, Silver Cliff, CO 81252

Established restaurant and motel with growth potential in Silver Cliff.

Property Size3,316 SF
Lot Size1.00 Acre
Price / SF$262.06
Days on Market740

Property Features for 700 Ohio Street

General Information

Standard status Active
Size 3,316 SF
Lot size 1.00 Acre
Property subtype Commercial/Industrial
Listing Agency: United Country Wapiti Ranch Realty and Auction LLC
Listed By: Jackie Shepherd · License #100084127
Source: Exitrealty
Added: Jul 23, 2024 Changed: Jul 10 Last Checked: Jul 15 at 5:21PM

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 United Country Wapiti Ranch Realty and Auction LLC

Investment Insights

Based on property information with market context.

The Silver Cliff Mountain Inn, also known as Willie’s Place, presents a business opportunity in Silver Cliff, Colorado. This 3,316 sq ft commercial building has been a breakfast and lunch establishment in Custer County since 2012. The property features a newly remodeled kitchen and prep area, along with a partially renovated dining space. Recent upgrades include a new roof, fresh paint, and new swamp coolers, complementing the kitchen remodel. The property also includes a 2-bedroom, 1-bath living space with new Armstrong flooring, suitable for an owner or manager. The remaining 1,963 sq ft of the property comprises six motel rooms. Room 1 is fully remodeled and ready for guests, while Room 2 has commenced renovations. The other rooms offer an opportunity for customization and can become another income-producing venture.

Key Highlights

  • Established and Profitable Business: Well‑known breakfast and lunch restaurant (Willie's Place) with a 12‑year operating history.
  • Multiple Income Streams: Features a restaurant, six motel rooms, and a 2‑bedroom living space.
  • Recent Upgrades and Renovations: Includes a newly remodeled kitchen and prep area, new roof, fresh paint, new swamp coolers, and updated flooring in the living space.

Property Analytics

Current Use

Motels

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 81252, CO

4,252
Population
3,886
Households
1.1
Avg Household Size
58
Median Age
38%
College-Educated
96%
High-School Grad
613.0 sq mi
ZIP Area
7
Density / Sq Mi
$70,825
Median Household Income
$47,596
Median Earnings
$933
Median Rent
$362,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Robert Cooper — 606 South St, Westcliffe, CO 81252

Frequently Asked Questions

What type of property is this?
Motel - Established restaurant and motel with growth potential in Silver Cliff.
Where is this motel located?
The property is located at 700 Ohio Street Silver Cliff, CO.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Established and Profitable Business: Well‑known breakfast and lunch restaurant (Willie's Place) with a 12‑year operating history.; Multiple Income Streams: Features a restaurant, six motel rooms, and a 2‑bedroom living space.; Recent Upgrades and Renovations: Includes a newly remodeled kitchen and prep area, new roof, fresh paint, new swamp coolers, and updated flooring in the living space.
More about this property
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