2930 Main Ave, Durango, CO

Real Estate

For Sale

Listed price in listed location currency (USD).

$5,895,000

0050

MLS® 825545

Key Facts
Description
Map

Key Facts

Type Hotel-Motel

Levels Commercial Sale

Size 17951 sqft

Garage No

HOA Fees

Taxes

Days Active 207

Approx. Age 1983

Avg. Price Per Sqft $328

MLS® Number 825545

Property Address: 2930 Main Ave, Durango, CO, 81301-4243

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Investment Opportunity in Durango, CO, a thriving tourist hub, a college town, and a growing economic center—all factors that contribute to its robust hospitality sector. Conveniently located on the US Highway 550, this property is perfectly positioned to cater to both travelers and locals. The address takes advantage of the high-traffic North Main corridor—just minutes from historic downtown, Fort Lewis College, the Durango & Silverton Narrow Gauge Railroad, and Purgatory Ski/Bike Resort. The facility has enjoyed recent capital improvements and updated guest accommodations, making it an ideal candidate for continued hospitality use or conversion into apartment living. The growing demand for residential housing in Durango, coupled with this property's two separately deeded parcels and excellent location, makes it a promising option for redevelopment into much needed affordable housing. The Quality Inn offers strong brand recognition, consistent performance, and a prime location. Backed by the powerful Choice Hotels reservation system, marketing network, and guest loyalty program, this franchise hotel benefits from built-in demand and brand support. This well-established, franchise-branded hotel in the heart of one of Colorado’s most beloved year-round destinations. This turnkey hospitality asset features 48 guest rooms with recent updates and modern conveniences. The guest rooms are composed of 28- two queens; 7- single queens; 13- single kings (one ADA compliant). In addition, there is a 1-bedroom apartment offering flexibility for additional income or on-site manager quarters. Recent updates include new roofs on all three building; new deck canopy on porte-cochère; exterior paint; new walkway landings on all three buildings; camera system; community washer and dryer; new commercial kitchen; remodeled and updated spaces including the lobby, office, breakfast area, guest rooms, and apartment. This well-maintained property with amenities including complimentary breakfast area, guest laundry, WiFi access system throughout the property, and on-site parking. Strong occupancy history and operational efficiencies. The property is located along the North Main corridor with easy access to numerous restaurants and the Durango river trail. Whether you're an experienced hotel operator or looking to expand your portfolio in a dynamic market, this Quality Inn offers immediate income with long-term growth potential. Out of respect for the business and its employees, please refrain from contacting or disturbing hotel staff for information about this listing. All inquiries should be directed to the agents.

MLS® Number825545

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1983

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Computer System, Fixtures, Franchise, Furniture, Office Equipment, Trade Name, Training Available

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 18, 2025List Date

$5,895,000List Price

Commute

Commute

Starting Address

Destination Address

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