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$2,695,000

For Sale

19 days ago

3077 Main Ave, Durango, CO

House

MLS® 833488

0 Bed

9 Bath

11985 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size 11985 sqft
Garage 
Taxes 
Days Active 19
Lot Size 
Approx. Age 1965
Avg. Price Per Sqft $224
MLS® Number 833488

Property Address: 3077 Main Ave, Durango, CO, 81301-4244

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

Description

Don't miss out on this excellent opportunity to own a successful, longstanding lodging operation in the heart of Historic Durango, Colorado! Tourism in the area is at an all-time high, and the record number of visitors coming to the area looks to continue, so this is your chance to capitalize on the growing Durango tourism industry. This well-established motel operation caters to tourists during all seasons, and offers extended stay rates during the off-season as well for those needing something more long-term. This 35 room motel is located on a busy stretch of Main Avenue/U.S. Highway 550, with 175' of frontage and a highly visible signage. The property is located within walking distance to several of Durango's most popular restaurants, a full service grocery store, retail shopping, the Durango Rec Center, and the Animas River Trail. Of the 35 rooms, 17 have two queen beds, four rooms have three queen beds, eight are single king rooms, and six are single queen rooms. Two of the single king rooms have been recently remodeled to include kitchenettes and new furniture. These king studio rooms rent for a premium, and have been very popular with guests. All but three of the rooms have hot water heat. In addition to the 35 guest rooms, there is also a one bedroom on-site manager's quarters. This could also be an excellent opportunity for redevelopment, or continue with renovating more rooms and make this into your own boutique motel. The income supports the continued operation of the existing motel as the current owner has done successfully for 45+ years.
MLS® Number833488
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
Basement
DrivewayCommon, Paved, Parking Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 11, 2026List Date
$2,695,000List Price
  • Commute

Commute

Starting Address
Destination Address
3077 Main Ave, Durango, CO

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