7750 Co-2 Commerce City, CO 80022
- Hospitality properties
Current Use by Public Records
- Isalis / Women'S Clothing Store / Jewelry Store
- Party City / Candy Store / Costume Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 7750 Co-2
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional 29-key motel presents a lucrative investment opportunity in Commerce City, Colorado. Situated on a 1.45-acre lot at the prime intersection of Highway 2 and Quebec Street, this well-established business boasts 28 bungalow-style units. The property offers significant potential for continued success and strong cash flow, evidenced by its low overhead expenses of approximately $63,100 annually and remarkably low property taxes of only $15,000. The seller, who has owned and operated the motel for 26 years, is now retiring, making this a rare chance to acquire a turnkey operation with a proven track record. The property's size is approximately 63,100 square feet, providing ample space for both guest accommodations and potential expansion. The motel's convenient location and established reputation make it an attractive option for both seasoned investors and first-time buyers seeking a stable and profitable venture in the hospitality sector. This is a rare opportunity to acquire a well-maintained, established motel with a long history of success in a high-demand location. The asking price is $1,600,000. This owner/user investment offers a compelling combination of established income and significant growth potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Commerce City
- County
- Adams
- State
- Colorado
- Longitude
- -104.904
- Latitude
- 39.837