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Resort with Event Hall
For Sale
$1,750,000

22 State Highway 69, Cotopaxi, CO 81223

Renovated cottages, a private venue and a long-term rental support lodging and event operations.

Property Size6,205 SF
Lot Size9.91 Acres
Price / SF$282.03
Days on Market129

Property Features for 22 State Highway 69

General Information

Standard status Active
Size 6,205 SF
Lot size 9.91 Acres
Property subtype Commercial
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Furnished Yes
Business Included Yes

Taxes and HOA fees

Annual Taxes $6,949

Building Details

Year Built 1920
Buildings 7
Units 7
Listing Agency: Denver Real Estate Connection
Listed By: Kayla Okafor
Source: Denverrealestateconnection
Added: Jun 17 Changed: Oct 23 Last Checked: Oct 23 at 11:23AM

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 Denver Real Estate Connection

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Investment Insights

Based on property information with market context.

This hospitality property in Hillside includes five vacation rental cottages, Hillside Hall and the historic Post Office House, which is used as a long-term rental. The cottages accommodate up to 18 guests, while the 2,800-square-foot hall hosts events for up to 100. Across seven buildings totaling approximately 6,205 square feet, renovations completed between 2015 and 2020 brought updated electrical, HVAC, hot water and septic systems. Original wood floors and exposed beams remain. The sale includes the operating business, furnishings and equipment.

The 9.91-acre property fronts State Highway 69 in the Wet Mountain Valley, 12 miles north of Westcliffe. Salida is 40 minutes away, and Monarch Mountain is an hour away. The site is below the Sangre de Cristo range.

Key Highlights

  • 9.91 acres on State Highway 69 in the Wet Mountain Valley
  • Five vacation rental cottages accommodate up to 18 guests
  • Hillside Hall measures 2,800 SF and hosts events for up to 100

Property Analytics

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Open Analytics

Current Use

Resorts

Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 81223, CO

2,190
Population
1,767
Households
1.2
Avg Household Size
60
Median Age
21%
College-Educated
83%
High-School Grad
401.8 sq mi
ZIP Area
5
Density / Sq Mi
$46,587
Median Household Income
$22,841
Median Earnings
$322,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Resort - Renovated cottages, a private venue and a long-term rental support lodging and event operations.
Where is this resort located?
The property is located at 22 State Highway 69 Cotopaxi, CO.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 9.91 acres on State Highway 69 in the Wet Mountain Valley; Five vacation rental cottages accommodate up to 18 guests; Hillside Hall measures 2,800 SF and hosts events for up to 100
More about this property
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