925 1st Ave Monte Vista, CO 81144-1405

This exceptional 27,716 square foot hotel, built in 1929, presents a lucrative investment opportunity. Located at 925 1st Ave, Monte Vista, CO 81144, this three-story, commercially zoned property sits on a 32,352 square foot lot. The Monte Villa Hotel boasts 40 rooms, each with a full bathroom, plus a manager's suite. Recent renovations have enhanced this historic enterprise, which includes a restaurant, a bar/lounge (formerly the Villa Pub), an on-site breakfast café/coffee shop, a fully equipped kitchen, ample storage space, a staff laundry facility, and a stunning conference/event space featuring a beautiful stained-glass ceiling. The hotel benefits from high visibility on Main Street, a spacious parking lot, and significant tax advantages for the new owner. The asking price is $1,499,000 ($54.08 per square foot). This is a rare chance to acquire a well-established, renovated hotel in a high-traffic area.