9100 Colfax Ave Aurora, CO 80010-5003

This exceptional investment opportunity presents a 51-unit motel and retail space totaling 22,293 square feet on a 0.97-acre lot in Aurora, Colorado. Located at 9100-9150 E Colfax Ave, this property boasts a prime location along a major Denver thoroughfare, offering convenient access to local attractions and amenities. Built in 1955 and featuring two two-story buildings, the property includes 40 parking spaces and has undergone significant recent renovations. Improvements include a restored parking lot, remodeled doors, updated electrical and plumbing systems (completed in 2022), a new security gate and cameras, and refreshed interior and exterior paint. The motel units are furnished and equipped with air conditioning, new carpet, fresh paint, mini-fridges, and TVs. The property's permitted zoning is OA-MS, allowing for a retail income opportunity in addition to the motel operation. The asking price is $6,890,000, representing a price per square foot of $30,769. This property offers a unique blend of hospitality and retail income streams, making it an attractive investment prospect in a vibrant and diverse community. The mid-century modern architecture adds to its character and appeal. This is a turnkey operation ready for immediate income generation.