20 Glasgow Ave Rico, CO 81332
- Commercial real estate
- 4,068 SF
- 0.22 lot acres
Current Use by Public Records
- Mine Shaft Grab-N-Go / Breakfast Restaurant
- Rico Mine Shaft Inn / Bed & Breakfast / Lodge
Property Details for 20 Glasgow Ave
- Year built
- 1893
- Lot size
- 0.22 lot acres
- Property size
- 4,068 SF
- Property type
- Commercial real estate
Description
Nestled in the heart of Rico, Colorado, this exceptional property presents a unique investment opportunity. The Mineshaft Inn, a meticulously restored historic boutique hotel dating back to the late 19th century, offers a blend of timeless charm and modern luxury. This 4,068 square foot establishment sits on a 0.22-acre lot and boasts seven individually designed guest rooms and suites, each showcasing a unique blend of comfort and sophistication. The hotel's restoration has carefully preserved its historic integrity while incorporating modern amenities, including high-speed internet access and updated bathrooms in each room. The sale includes the popular Rico Garden Bar, a valuable addition to the overall business. This turnkey operation is ideal for an investor seeking a profitable venture in a desirable Colorado mountain town. The property's rich history and prime location in the heart of Rico offer significant potential for continued success and growth. The asking price for this exceptional property is $975,000. This is a rare chance to acquire a piece of Colorado history and a thriving hospitality business.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rico
- County
- Dolores
- State
- Colorado
- Longitude
- -108.031
- Latitude
- 37.6918