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Hotel with On-Site Laundromat
For Sale
$1,195,000

605 4th Avenue, Fort Garland, CO 81133

Four buildings bring guest lodging, a manager’s home, garage, and laundry facilities together on one property.

Property SizeContact for details
Days on Market138

Property Features for 605 4th Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes
Real Estate Included Yes

Taxes and HOA fees

Annual Taxes $9,146

Building Details

Year Built 1996
Buildings 4
Units 25
Listing Agency: Denver Real Estate Connection
Listed By: Kayla Okafor
Source: Denverrealestateconnection
Added: Jun 12 Changed: Oct 26 Last Checked: Oct 26 at 3:41AM

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

Rey
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Investment Insights

Based on property information with market context.

This Fort Garland hospitality property includes four buildings on 8 lots totaling 28,000 square feet. The 10,200-square-foot hotel contains 24 interior guest units, with king, queen, single, and multi-bed configurations, plus ADA and kitchenette units. Additional improvements include a 1,229-square-foot, two-bedroom, two-bath manager’s residence, a garage with capacity for 3+ cars, and a 504-square-foot laundromat equipped with 10 washers and 10 dryers. The hotel was built in 1996, and the property is zoned Commercial.

The site has 140 feet of frontage on Hwy 160. The sale includes the lodging business, bookings, domain name, furnishings, fixtures, and equipment.

Key Highlights

  • 10,200‑square‑foot hotel with 24 interior guest units
  • Guest unit mix includes king, queen, single, multi‑bed, ADA, and kitchenette configurations
  • Four buildings on 8 lots totaling 28,000 square feet

Property Analytics

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Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Building Supply Storage Facility Cafe & Coffee Shop Pharmacy

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

Location Intelligence

Trade Area within ½ mile

Demographics for 81133, CO

1,009
Population
765
Households
1.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
401.5 sq mi
ZIP Area
3
Density / Sq Mi
$55,179
Median Household Income
$40,000
Median Earnings
$881
Median Rent
$258,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - Four buildings bring guest lodging, a manager’s home, garage, and laundry facilities together on one property.
Where is this hotel located?
The property is located at 605 4th Avenue Fort Garland, CO.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 10,200‑square‑foot hotel with 24 interior guest units; Guest unit mix includes king, queen, single, multi‑bed, ADA, and kitchenette configurations; Four buildings on 8 lots totaling 28,000 square feet
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