1231 Royal Gorge Blvd Cañon City, CO 81212

The American Inn, a well-maintained independent motel in Canon City, Colorado, presents a unique investment opportunity. This established business, operating successfully for over 14 years, is now being offered for sale by its retiring owner. Situated on a 10,560 square foot lot at 1231 Royal Gorge Blvd, Canon City, CO 81212, the motel boasts 6,954 square feet of building space spread across two stories. The property features 15 keys currently in operation, with the potential to expand to 18 rental units utilizing existing upper-floor space. Ample street parking is available for guests. The motel benefits from Canon City's thriving tourism industry, attracting visitors with its popular outdoor activities including white water rafting, hiking, sightseeing, rock climbing, biking, and fishing. The property's prime location ensures consistent occupancy. The 2023 property tax assessment was $9,975. This turnkey operation offers a solid return on investment for a new owner looking to capitalize on the area's robust tourism sector. The asking price for this established motel is $720,000. This represents a rare chance to acquire a profitable, established business in a desirable location.