Poncha Springs, CO 81242,10520 US Highway 50
Poncha Springs, CO 81242,10520 US Highway 50
Poncha Springs, CO 81242,10520 US Highway 50
35
$1,165,000
$1,500,000
22.3%
Est.Price: ?

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1 Sqft Lot

10520 US Highway 50 Poncha Springs, CO 81242

Est. payment /mo
SOLD DATE : 10/21/2022

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Key Details

Sold Price $1,165,000

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4031944

Sold Date 10/21/22

Style Bungalow, Chalet

HOA Y/N No

Originating Board recolorado

Year Built 1962

Annual Tax Amount $5,406

Tax Year 2020

Lot Size 1 Sqft

Acres 1.0

Property Description

Amazing opportunity to buy a successful motel at one of the busiest intersections in the state. Located at the crossroads of the Rocky Mountains, Hwys 50 and 285, the Poncha Lodge offers a variety of sized rooms. Monarch Mtn. is only 15 minutes away. Poncha Springs, one of the fastest growing areas in the state, offers friendly people, great trout fishing, bike and hike trails close by, as is world class rafting. Also included is a 3 bedroom, 2 bath modular home to use by the owner or long term rental. A 2 car garage is next to the home. This motel is completely furnished and equipped to take over right away. A beautiful courtyard in the rear offers a quiet sanctuary for guests. An enclosed place, formerly a hot tub spa with the utilities still in place should the new owner wish to replace. offers covered protection from the elements for card, board games and dominoes. On August 12, 2021 at noon, it was 80 degrees. The lodge and home currently has 19 beds, but there could easily be more. Financials are available with a signed NDA. Please note that there are 13 rentable units, one manager's suite and 3 bedrooms in the home to arrive at the 17 total units listed. The 2 car detached garage has a concrete floor and is 24'x24'. The hot tub space has a concrete floor and is 10'x14'. The sheds have wood floors and measure 16'x12', 10'x8', 8'x12'.

Location

State CO

County Chaffee

Zoning T5-Urban Center Zone

Interior

Fireplace N

Exterior

Garage Asphalt

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected, Propane, Sewer Connected

Roof Type Architecural Shingle, Metal, Rolled/Hot Mop

Total Parking Spaces 22

Garage No

Building

Lot Description Near Ski Area

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by First Colorado Land Office, Inc.
Bought with First Colorado Land Office, Inc.

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David J Cordova

Agent | License ID: 100083112

+1(303) 513-4636

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