Building Details

Building Size 3,945 SF

Year Built 1952

Units 14

Listing Agency: My Colorado Broker LLC m***@gmail.com Show Phone

Listed By: Roger Shults · License #100030665 Show Phone

Source: Coloradopartners

Added: Aug 23 Changed: Aug 28 Last Checked: Aug 28 at 11:31AM

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Investment Insights

Based on property information with market context.

This former motel property includes 14 units on a 0.6-acre site. Constructed in 1952, the asset is classified for motel use and offers an existing lodging configuration for evaluation.

The property is located at 811 Caribou Street on Highway 24 in Simla, Colorado. Zoning is designated S. Stated possibilities for the property include multifamily, retail or storage, residential use, and expanded lodging, subject to applicable approvals and requirements.

Key Highlights

• 14‑unit former motel property
• 0.6‑acre site
• Located on Highway 24

Property Analytics

Property Profile

Current Use

Motels

Suggested Use

Top Pick Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Butcher Big Box & Wholesale Store Auto Repair Shop

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

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

63

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 80835, CO

870

Population

372

Households

2.3

Avg Household Size

43

Median Age

23%

College-Educated

97%

High-School Grad

136.1 sq mi

ZIP Area

6

Density / Sq Mi

$75,469

Median Household Income

$34,395

Median Earnings

$1,141

Median Rent

$242,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this motels located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Coach-Lite Motel — 808 Caribou St, Simla, CO 80835

Frequently Asked Questions

What type of property is this?

Motel - Former lodging property with multifamily, retail, storage, residential, and expanded lodging possibilities.

Where is this motel located?

The property is located at 811 Caribou Street Simla, CO.

What is the asking price?

The asking price for this property is $170,000.

What are key features of this property?

This property features: 14‑unit former motel property; 0.6‑acre site; Located on Highway 24