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Historic Boutique Hotel Investment Opportunity

104 S 2nd St Kremmling, CO 80459

104 S 2nd St, Kremmling, CO, 80459
$1,390,000
For Sale
$1,390,000

Updated hotel with income potential in prime location.

Days on Market82

Property Features for 104 S 2nd St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1906
Listing Agency RE/MAX Red
Listed by Rebecca Guthrie · License #40020013
Source Elliman
Added: Apr 27 Checked: Jul 17 at 6:17 am

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 RE/MAX Red


Investment Insights

Based on property information with market context.

This historic boutique hotel, known as Hotel Eastin and Extended Stay, presents a versatile investment opportunity with a strong rental history. The updated property is suitable for short-term rentals, long-term stays, or workforce housing. Its location across from the Town Square provides immediate access to restaurants, shopping, and community events. The property includes two commercial storefronts, offering additional income potential, and on-site storage. The property is priced at $122 per square foot and has a 12% CAP rate. The location has a bike score of 56, indicating it is bikeable, and a walk score of 52, indicating it is somewhat walkable.

Key Highlights

  • Prime location directly across from the Town Square, offering immediate access to restaurants, shopping, and community events.
  • Strong rental history and exceptional versatility for short‑term rentals, long‑term stays, or workforce housing.
  • Attractive investment opportunity with a 12% CAP rate and a price of $122 per square foot.

Property Analytics

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Hotels

FAQs

What type of property is this?
Hotel - Updated hotel with income potential in prime location.
Where is this hotel located?
The property is located at 104 S 2nd St Kremmling, CO.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Prime location directly across from the Town Square, offering immediate access to restaurants, shopping, and community events.; Strong rental history and exceptional versatility for short‑term rentals, long‑term stays, or workforce housing.; Attractive investment opportunity with a **12% CAP rate** and a price of **$122 per square foot**.
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