For Sale
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Property summary
This exceptional investment opportunity presents a beautifully remodeled 14-key boutique hotel, the Steam Train Hotel, located at 402 Main St, Antonito, CO 81120. Built in 1911 and renovated in 2014, this two-story, 10,000 square foot property sits on a 30,000 square foot lot and is zoned for business use. The hotel's prime location in Antonito, Colorado, capitalizes on the area's thriving tourism industry, drawing visitors from around the globe to experience the Cumbres & Toltec Railroad. Guests enjoy easy access to numerous attractions, including Great Sand Dunes National Park and various outdoor recreational activities. The hotel itself includes a gift shop and restaurant, enhancing its revenue potential. The asking price is $695,000, translating to $69.50 per square foot. Owner financing may be available for qualified buyers. Note that separate opportunities exist to purchase an attached 2-bedroom home and a detached 2-bedroom home across the street for an additional $250,000, and a marijuana grow operation for an additional $400,000. The hotel is conveniently located 7 miles from the New Mexico border on Highway 285. This is a rare chance to own a piece of Colorado history and a thriving hospitality business.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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