23-Unit Motel with On-Site
For Sale
$3,500,000
Pending
1624 E Main Street, Montrose, CO 81401
COMMERCIAL, Montrose, CO
Property Size10,455 SF
Lot Size2.88 Acres
Days on Market58
Property Features for 1624 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
26
Full bathrooms
9
Half bathrooms
9
Rooms
Bathroom 3, Bathroom 25, Bathroom 21, Bathroom 20, Bathroom 2, Bathroom 26, Bathroom 15, Bathroom 10, Bathroom 6, Bathroom 14, Bathroom 17, Bathroom 22, Bathroom 16, Bathroom 9, Bathroom 12, Bathroom 23, Bathroom 19, Bathroom 11, Bathroom 5, Bathroom 7, Bathroom 8, Bathroom 13, Bathroom 18, Bathroom 4, Bathroom 1, Bathroom 24
Directions
Head E Main, Country Lodge Motel on your right hand side just before Mi Mexico Resturaunt.
Standard status
Pending
Size
10,455 SF
Lot size
2.88 Acres
Building Details
Year built
1950
Listing Agency:
Keller Williams Realty Southwest Associates, LLC - Montrose
(970) 596-0870
Listed By:
Isaiah Perez
(505) 500-2081
Added: Jul 19
Changed: Sep 12
Last Checked: Sep 14 at 1:06AM
MLS# 835948
Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1624 E Main Street in Montrose, this hospitality property includes 23 motel units, a detached cabin, and two separate single-family residences. The motel room mix includes queen- and king-bed accommodations, several kitchenettes, and rooms configured for varying guest needs. The cabin contains 3 bedrooms and 1 bathroom, while the two homes add separate residential improvements to the site.
The property encompasses approximately 2.88 acres of B-2 Highway Commercial land and includes 10,455 square feet of property size. Positioned along East Main Street in Montrose, it offers access to a commercial corridor near shopping, dining, healthcare services, outdoor recreation, and Western Colorado tourism destinations. Built in 1950, the asset combines lodging and residential structures within a highway-commercial setting.
The property encompasses approximately 2.88 acres of B-2 Highway Commercial land and includes 10,455 square feet of property size. Positioned along East Main Street in Montrose, it offers access to a commercial corridor near shopping, dining, healthcare services, outdoor recreation, and Western Colorado tourism destinations. Built in 1950, the asset combines lodging and residential structures within a highway-commercial setting.
Key Highlights
- 23 motel units with queen‑bed, king‑bed, and kitchenette configurations
- Detached 3‑bedroom, 1‑bath cabin
- Two separate single‑family residences included
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
685
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
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Similar Off Market Nearby
- 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
- Western Log Cabin — 1034 E Main St, Montrose, CO 81401
- Minecart Motor Lodge — 1225 E Main St, Montrose, CO 81401
Frequently Asked Questions
What type of property is this?
Motel - The property combines motel rooms with a detached cabin and two single-family residences.
Where is this motel located?
The property is located at 1624 E Main Street 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 queen‑bed, king‑bed, and kitchenette configurations; Detached 3‑bedroom, 1‑bath cabin; Two separate single‑family residences included
