337 Colorado Ave Grand Junction, CO 81501

Listing agency KW Commercial KW Client's Choice Realty R***@gmail.com Show Phone

Listed by Ronnie Crouse Jr. · License #100078944

Source Crexi

Added: Apr 12 Updated: Jul 21 at 3:16PM Checked: Jul 21 at 3:16PM

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Investment Insights

Based on property information with market context.

Historic Melrose Hotel, built in 1910, offers a boutique lodging experience with a Victorian-era design. The property features 21 rooms total, with 18 currently operational and 3 rooms set aside for the previous hotelier that are described as convertible.

The hotel is centrally located on Colorado Ave in downtown Grand Junction, CO. The public remarks note that it is within a short walk of downtown attractions and nightlife, including Main St and several named venues and businesses.

A remodel in 2016 is noted for the kitchen and common area, and the guest rooms are described as having individualized décor.

Key Highlights

• Historic Melrose Hotel built in 1910 in downtown Grand Junction, CO on Colorado Ave
• 21‑room boutique hotel with 18 rooms operational and 3 additional rooms set aside for the previous hotelier (convertible)
• Kitchen and common area remodeled in 2016

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FAQs

What type of property is this?

Hotel - Historic hotel built in 1910 with 18 operational rooms and a remodeled kitchen and common area.

Where is this hotel located?

The property is located at 337 Colorado Ave Grand Junction, CO.

What are key features of this property?

This property features: Historic Melrose Hotel built in 1910 in downtown Grand Junction, CO on Colorado Ave; 21‑room boutique hotel with 18 rooms operational and 3 additional rooms set aside for the previous hotelier (convertible); Kitchen and common area remodeled in 2016