Welcome to your opportunity to own and operate a charming motel nestled in the heart of South Routt in Phippsburg. This fully turnkey, 6-room establishment along with a 4 bedroom, 4 bath caretaker unit offers a unique chance to immerse yourself in the thriving hospitality scene of one of the most sought-after destinations in the Flattop Mountains. Situated in an wonderful location in Phippsburg, this motel promises not only a delightful stay for guests but also potential for investors. Wake up to the fresh mountain air, enticing guests to indulge in the ultimate outdoor experience. Returning guests enjoy hunting, fishing, hiking, snowmobiling, four wheeling or just kicking back. Convenience is key, with a world class ski resort just 30 minutes away for all those skiing and snowboarding enthusiasts. Not only is this gem within minutes of Steamboat Springs, but also a short 1-1/2 hour drive to other world-class ski resorts such as Arapahoe Basin, Breckenridge, Copper Mountain, and Vail. For those seeking culinary delights or entertainment, the Motel is centered between a great selection of the area's restaurants and entertainment options. The potential for this property doesn't stop there. With possible redevelopment opportunities and the chance for a condo-conversion with a CUP, this investment holds promise for those looking to diversify their portfolio and maximize returns. Don't miss out on this exceptional chance to own a piece of Colorado's historical hospitality landscape. Whether you're a seasoned investor or a hospitality enthusiast, this motel offers the perfect blend of charm, convenience, history and opportunity. Seize the moment and make this your next venture in the heart of the Flat Top Mountains.
MLS# | S1055791 |
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Listing Type | For Sale |
Building Name | Three Bears Lodge |
Sub-Type | Resale |
Status | Active |
Year | 1964 |
Days On Site | 17 |
Listing Provided By | Exp Realty LLC | Rusty McRight |
SQ Feet | 5,902 |
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Units | 7 |
Zoning | Commercial |
Acreage | 0.14 |
State | CO |
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County | Routt |
City | Phippsburg |
Zip Code | 80469 |
Area | Oak Creek | Phippsburg | Yampa |
Community Name | PHIPPSBURG |
Listing VS Median (in PHIPPSBURG) | |
Price: $1,100,000 low | high Med: $784,500 SqFt: 5,902 low | high Med: 4,043 $ / SqFt: $186 low | high Med: $201 On Site: 17 low | high Med: 11.000000 |