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Manitou Springs, CO

Motel

Manitou Springs, CO Motels for Sale

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Steamboat Springs, CO Colorado Springs, CO Cascade, CO Salida, CO Gunnison, CO Green Mountain Falls, CO Woodland Park, CO

Historic Red Wing Motel

Updated: Mar 6

Historic Red Wing Motel

56 El Paso Blvd, Manitou Springs, CO 80829

Contact for pricing

11,588 sqft

Turnkey boutique motel in a prime tourist location with immediate access to Garden of the Gods and views of Pikes Peak.
Extensively renovated in 2016 with over $1.3 million invested.
Features 19 updated guest rooms, plus a manager's 1‑bedroom apartment and an owner's 2‑bedroom apartment.
Well‑maintained and recognized for cleanliness, quiet location, and welcoming atmosphere.
Blends mid‑century character with modern comforts, including free high‑speed internet and smart TVs.

See what stands out in El Paso County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Manitou Springs, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Motel with Redevelopment Potential

Historic Motel with Redevelopment Potential

10240 US Highway 50, Howard, CO 81233

$650,000

5,289 sqft 0.42 AC lot

Motel with bungalow home and redevelopment opportunities near Salida.

Mixed-Use Property with Motel Rooms

Mixed-Use Property with Motel Rooms

10240 US Highway 50, Howard, CO 81233

$650,000

3,389 sqft 0.42 AC lot

Bungalow residence and five-room lodging component share a highway-front setting with flexible interior possibilities.

Renovated Motel Near Downtown

Renovated Motel Near Downtown

620 W Colorado Ave, Colorado Springs, CO 80905

Contact for pricing

20,806 sqft 0.70 AC lot

Well-maintained, renovated 29-key motel near downtown Colorado Springs.

Budget Host Inn For Sale

Budget Host Inn For Sale

3402 Sinton Rd, Colorado Springs, CO 80907

Contact for pricing

42-room Budget Host Inn in Colorado Springs.

Off-Market Properties in Manitou Springs, CO

Consider similar Off-Market properties in Manitou Springs, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

229 Manitou Ave

MOTEL

229 Manitou Ave, Manitou Springs, CO 80829-2503

Estimated value:

$2,610,000

15,310 sqft 0.75 AC lot

132 Manitou Ave

MOTEL

132 Manitou Ave, Manitou Springs, CO 80829-2427

Estimated value:

$880,000

1,568 sqft 1.49 AC lot

626 Manitou Ave

MOTEL

626 Manitou Ave, Manitou Springs, CO 80829-1808

Estimated value:

$255,000

8,776 sqft 0.38 AC lot

123 Manitou Ave

MOTEL

123 Manitou Ave, Manitou Springs, CO 80829-2426

Estimated value:

$2,575,000

2,494 sqft 2.18 AC lot

423 Manitou Ave

MOTEL

423 Manitou Ave, Manitou Springs, CO 80829-2318

Estimated value:

$2,775,000

10,558 sqft 0.45 AC lot

103 Manitou Ave

MOTEL

103 Manitou Ave, Manitou Springs, CO 80829-2426

Estimated value:

$3,290,000

14,031 sqft 1.39 AC lot

161 Crystal Park Rd

MOTEL

161 Crystal Park Rd, Manitou Springs, CO 80829-2633

Estimated value:

$1,200,000

706 sqft 9.04 AC lot

MOTEL

3 Manitou Ave, Manitou Springs, CO 80829-2424

Estimated value:

$210,000

336 sqft 0.86 AC lot

23 Manitou Ave

MOTEL

23 Manitou Ave, Manitou Springs, CO 80829-2424

Estimated value:

$260,000

1,964 sqft 3.68 AC lot

45 Manitou Ave

MOTEL

45 Manitou Ave, Manitou Springs, CO 80829-2453

Estimated value:

$625,000

32,939 sqft 1.21 AC lot

311 Manitou Ave

MOTEL

311 Manitou Ave, Manitou Springs, CO 80829-2505

Estimated value:

$125,000

4,896 sqft 0.64 AC lot

120 Manitou Ave

MOTEL

120 Manitou Ave, Manitou Springs, CO 80829-2427

Estimated value:

$500,000

29,578 sqft 2.59 AC lot

120 Manitou Ave

MOTEL

120 Manitou Ave, Manitou Springs, CO 80829-2427

Estimated value:

$565,000

31,391 sqft 1.63 AC lot

56 El Paso Blvd

MOTEL

56 El Paso Blvd, Manitou Springs, CO 80829-2455

Estimated value:

$270,000

11,588 sqft 0.44 AC lot

461 Manitou Ave

MOTEL

461 Manitou Ave, Manitou Springs, CO 80829-2318

Estimated value:

$215,000

3,185 sqft 0.43 AC lot

Manitou Springs, CO Motels Market Trends and Statistics

Explore 16 motels for sale in Manitou Springs, CO on our real estate platform. These investment opportunities span a total of 11,588 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 5,574

Population Growth (5Y) -3.8%

Median Household Income $85,341

College Educated 75.4%

Taxes & Financing

Tax Rate (average for all types) 6.90%

Property Tax per SF $55.51 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in El Paso County

New Delisted

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