Glenwood Springs Hostel For
For Sale
Contact for pricing
Pending
1021 Grand Ave, Glenwood Springs, CO 81601
Long-time operating lodging facility with rental history and dual zoning.
Property Size4,673 SF
Days on Market1862
Property Features for 1021 Grand Ave
General Information
Standard status
Pending
Size
4,673 SF
Property subtype
Hospitality
Building Details
Year Built
1910
Listing Agency:
COMPASS
(970) 319-0064
Listed By:
Mike Mercatoris · License #FA100074443
Source:
Crexi
Added: Jul 2, 2021
Changed: Jul 6
Last Checked: Jul 24 at 12:53PM
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 COMPASS
Investment Insights
Based on property information with market context.
This property, known as the Glenwood Springs Hostel, presents an investor opportunity. It has a history of operation as a lodging facility with both long and short-term renters. The property is currently booked for the summer season. Featuring dual zoning, this Grand Avenue location offers possibilities for various uses. The front building dates back to 1910, while the rear building was constructed in 1994. The back building includes a full apartment upstairs suitable for long-term rentals, with the downstairs area currently utilized for short-term lodging. The front building is used for nightly short-term lodging. The property size is 4673 square feet.
Key Highlights
- Established hostel with strong rental history (both long and short term).
- Booked for the summer, providing immediate income.
- Dual zoning offers flexible usage options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,096
Businesses Nearby
Explore this area
Business Placement
Demographics for 81601, CO
16,484
Population
6,491
Households
2.5
Avg Household Size
38
Median Age
41%
College-Educated
88%
High-School Grad
367.6 sq mi
ZIP Area
45
Density / Sq Mi
$103,632
Median Household Income
$45,271
Median Earnings
$1,812
Median Rent
$726,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hospitality property - Long-time operating lodging facility with rental history and dual zoning.
Where is this hospitality property located?
The property is located at 1021 Grand Ave Glenwood Springs, CO.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Established hostel with strong rental history (both long and short term).; Booked for the summer, providing immediate income.; Dual zoning offers flexible usage options.
