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$4,250,000
3 Days On Site

1702 E Main Street
Montrose, CO 81401

For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
32,866
SqFt
$129
/SqFt
1957
Built
Subdivision:
None
County:
Montrose
Listing courtesy of Katherine Davis of Bray Commercial LLC
Call Now: (970) 209-8221
Is this the listing for you? We can help make it yours.
(970) 209-8221
1702 E Main Street1702 E Main Street1702 E Main Street1702 E Main Street
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Monthly Payment (Est.)

$19,390
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Rare Investment Opportunity: Lodging, RV Park & Boutique Bed & Breakfast – Montrose, CO Diversified Hospitality Asset in a Booming Colorado Destination This is your chance to acquire a turnkey, multi-faceted hospitality portfolio in the heart of one of Colorado’s most scenic and rapidly expanding markets—Montrose. This rare investment opportunity combines: • A 58-key lodging property • A fully equipped 20-spot RV park (Will be delivered Entitled – ready to build) • An optional Boutique Bed & Breakfast add-on, fully subdivided and ready July 2025 ________________________________________ Positioned just minutes from Montrose Regional Airport (direct flights from Denver, DFW and other major airports) and nestled between popular destinations like Telluride, Ouray, Ridgway, and the Black Canyon National Park. This property is ideally located to capture year-round tourism, outdoor recreation, and drive-to traffic. ________________________________________ Lodging Property Highlights: • Size: 32,866 SF | Acreage: 3.25 Acres • 58 exterior corridor rooms • Strong performance: $1M Yearly Revenue With 70% yearly occupancy • Attractive basis: Priced at only $65,000 per key • Recent capital improvements of $150,000, including: o New PTAC units (17 Rooms) o Foundation and structural upgrades o Framing, plumbing, and new paint • Modernized guest amenities: o Renovated lobby with indoor/outdoor seating o Business center & fitness room o Restrooms with showers o Flexible branding: keep or remove Wyndham flag ________________________________________ RV Park Features: (ONCE BUILT) • 20 dedicated RV spots with individual hookups • Shared access to top-tier guest amenities: Club House - Already Built o Lounge area o Laundry room o Fitness center o Restrooms & showers o Indoor/outdoor dining area • Stabilized projected income: $200,000 – $250,000 annually • Strategically positioned to attract seasonal travelers, RV nomads, and adventure tourists ________________________________________ Bed & Breakfast Expansion Opportunity (Subdivision Finalizing July 2025) • 4-room suite B&B with private entrances and en-suite bathrooms • Total area: 3,700 SF | Lot size: 0.57 Acre • Designed for upscale short-term rental or hosted stays • Features include: o Guest check-in station o Outdoor pool o Covered cooking area with built-in hood & fireplaces • Can be operated independently or as an upscale extension of the main property ________________________________________ Location Advantages: • Minutes from Montrose Regional Airport – Direct Flights From Denver, DFW • Easy drive to Telluride, Silverton, Ridgway, Ouray, and the Black Canyon of the Gunnison • A growing base of year-round tourism, hunting, national park visitors, and outdoor adventure travelers ________________________________________ Investment Summary: Component Key Metrics Lodging Property 58 rooms Offered at $3.800M + RV Land $400k RV Park 20 spots, projected income $200K+ B&B Add-On 3,700 SF on 0.57 acres, 4 private suites (Offered at $850k) Total Acreage 3.82 Acres (combined) Branding Option Franchise (Wyndham) or Go Independent ________________________________________ Why Invest Now? • Peak tourism season approaching • Value-add NOI upside projected $185k yearly - with flexible branding & B&B launch • High-demand hospitality submarket with growing regional traffic • Diversified revenue streams from rooms, RV, and boutique hospitality Schedule a private tour today and secure this unique Colorado hospitality asset before summer demand surges.

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Listing Snapshot
Price 
$4,250,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
32,866 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.24 Acres
Year Built 
1957
MLS® Number 
826073
Status 
Active
Property Tax 
$26,504.58
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
3.24
Foundation 
Slab
Property Sub Type 
Hotel/Motel
SqFt Total 
32866
Utilities 
Natural Gas Available
Zoning 
Business
Interior Features
Cooling 
Window Unit(s)
Flooring 
CarpetTile
Furnished 
Furnished
Heating 
Natural Gas
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Exterior Features
Road Frontage 
Interstate
Community Features
MLS Area 
Montrose City
Listing courtesy of Katherine Davis of Bray Commercial LLC



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Last checked: 2025-07-04 09:19 AM UTC

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