514 Main St, Limon, CO 80828
- Motels
Current Use by Public Records
- Limon Motel / Hotel & Motel
Property Details for 514 Main St
- Property type
- Motels
Description
This well-maintained, 29-unit motel presents a compelling investment opportunity in the heart of Limon, Colorado. Located at 514 Main St, 80828, this established business boasts a substantial 41,400 square foot lot and a 9,088 square foot building. The property's strong financial performance is evidenced by its consistent cash flow and attractive return on investment. The 2022 property tax was only $9,574.00, demonstrating a low tax burden. This owner/user investment presents a rare chance to acquire a turnkey hospitality business with significant upside potential. The motel's central Limon location ensures high visibility and convenient access for guests. The property's solid construction and proven operational history contribute to its overall value and attractiveness to potential buyers. This is an exceptional opportunity for an investor seeking a stable, income-generating asset in a growing Colorado market. The property's size and established clientele base provide a solid foundation for continued success and future expansion. Detailed financial records are available upon request, allowing prospective buyers to thoroughly assess the property's profitability and potential for growth. Don't miss this chance to own a thriving motel in a desirable location.
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Location Insight
- Map
- Local Demand
- City
- Limon
- County
- Lincoln
- State
- Colorado
- Longitude
- -103.6830929
- Latitude
- 39.2632251
