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Boutique Hotel with Restaurant Income
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917 Lincoln Ave, Steamboat Springs, CO 80487

Boutique lodging property with restaurant income and 23 total keys, including lock-off units.

Property SizeContact for details
Days on Market123

Property Features for 917 Lincoln Ave

General Information

Standard status Active
Property subtype Hospitality, Special Purpose

Additional Details

Business Included Yes
Listing Agency: Red 4 Realty Group
Listed By: Brett Morganti · License #CO #ER100025544
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 1:57PM

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 Red 4 Realty Group

Investment Insights

Based on property information with market context.

Opportunity to own a boutique hotel in a resort market with additional income from an established restaurant. Public remarks indicate the asset has averaged over 10% year-over-year growth over the last five years, with ADR and occupancy rates increasing comparatively versus a large segment of hospitality industry in Colorado and nationwide.

The property totals 23 keys, with ADR and RevPAR based on 18 keys data and lock-off units. The offering is at 917 Lincoln Ave in Steamboat Springs, Colorado. Public remarks also reference market supply changes tied to the recent acquisition of Steamboat Ski Resort by Aspen and KSL Partners, including the removal of over 200 keys from the Sheraton hotel and a resulting net negative of hotel keys in the marketplace.

Key Highlights

  • Boutique lodging property with restaurant income and 23 total keys, including lock‑off units.
  • Over the last 5 years, the asset averaged over 10%+ YOY growth.
  • ADR and RevPAR are based on 18 keys data; includes lock‑off unit structure.

Property Analytics

Current Use

Mazzola's Italian Restaurant Restaurant The Bristol Hotel Hotel & Motel

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage HVAC Service Storage Facility Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,367
Businesses Nearby

Demographics for 80487, CO

18,209
Population
13,231
Households
1.4
Avg Household Size
42
Median Age
57%
College-Educated
97%
High-School Grad
795.8 sq mi
ZIP Area
23
Density / Sq Mi
$106,837
Median Household Income
$50,551
Median Earnings
$1,927
Median Rent
$915,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Boutique lodging property with restaurant income and 23 total keys, including lock-off units.
Where is this hotel located?
The property is located at 917 Lincoln Ave Steamboat Springs, CO.
What are key features of this property?
This property features: Boutique lodging property with restaurant income and 23 total keys, including lock‑off units.; Over the last 5 years, the asset averaged over 10%+ YOY growth.; ADR and RevPAR are based on 18 keys data; includes lock‑off unit structure.
More about this property
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