23-Unit Motel with On-Site
For Sale
$3,500,000
Pending
1624 E Main St, Montrose, CO 81401
Hospitality property with a detached cabin, two homes, and B-2 Highway Commercial zoning.
Property Size10,455 SF
Days on Market98
Property Features for 1624 E Main St
General Information
Standard status
Pending
Size
10,455 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Keller Williams Realty Southwest Associates, LLC - Montrose
(505) 500-2081
Listed By:
Isaiah Perez
Source:
Mountainmeadowrealestate
Added: May 25
Changed: Aug 30
Last Checked: Aug 25 at 7:14AM
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 Keller Williams Realty Southwest Associates, LLC - Montrose
Investment Insights
Based on property information with market context.
This motel property includes 23 guest units with varied accommodations, including queen- and king-bed rooms, kitchenette-equipped rooms, and an oversized three-queen room. The improvements also include a detached 3-bedroom, 1-bath cabin and two separate single-family residences, creating a mix of lodging and residential structures on the site.
Located at 1624 E Main St in Montrose, Colorado, the property occupies approximately 2.88 acres designated B-2 Highway Commercial. The site is positioned along a commercial corridor near shopping, dining, healthcare services, outdoor recreation, and Western Colorado tourism destinations. Its combination of motel rooms, residential buildings, and commercial zoning supports continued hospitality use or other redevelopment concepts permitted by applicable regulations.
Located at 1624 E Main St in Montrose, Colorado, the property occupies approximately 2.88 acres designated B-2 Highway Commercial. The site is positioned along a commercial corridor near shopping, dining, healthcare services, outdoor recreation, and Western Colorado tourism destinations. Its combination of motel rooms, residential buildings, and commercial zoning supports continued hospitality use or other redevelopment concepts permitted by applicable regulations.
Key Highlights
- 23 motel units with multiple room configurations
- Detached 3‑bedroom, 1‑bath cabin
- Two separate single‑family residences included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
864
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81401, CO
23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mesa Hotel — 10 N Townsend Ave, Montrose, CO 81401
- Black Canyon Motel — montrose, co 81401
- The Rathbone Hotel & Parlor Bar — 33 S Cascade Ave, Montrose, CO 81401
- Upstairs at Precedence Productions — 511 E Main St, Montrose, CO 81401
- The Temple Events — Upstairs, 511 E Main St, Montrose, CO 81401
Frequently Asked Questions
What type of property is this?
Motel - Hospitality property with a detached cabin, two homes, and B-2 Highway Commercial zoning.
Where is this motel located?
The property is located at 1624 E Main St Montrose, CO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 23 motel units with multiple room configurations; Detached 3‑bedroom, 1‑bath cabin; Two separate single‑family residences included
