3518 W Colorado Avenue, Colorado Springs, CO, 80904

Image Count: 32

$3,000,000

  • Highlights
  • Commercial
  • Hotel/Motel
  • 3518 W Colorado Avenue, Colorado Springs, CO, 80904 listed by Brent Demos
  • Active
  • MLS#: 7594641
  • Tour #1
  • View on Map
Space maker

Property Description

Exceptional Lodging Property in Prime Pikes Peak Location! This is a rare opportunity to acquire a well-established lodging business, family-owned and operated for over 45 years, with a stellar reputation in the Pikes Peak region. Situated between Old Colorado City and Manitou Springs, the location is ideal for tourists visiting popular attractions like Garden of the Gods and historic Manitou Springs.The property includes generous on-site living accommodations, with a full kitchen, two bedrooms, three bathrooms, a large living room, dining area, and an office. It’s perfect for an owner/operator looking to combine home and work life, with no commute and stunning views of Pikes Peak right outside your door. Currently operated as a seasonal business, the property offers great flexibility. You can maintain the current summer season operation or expand to year-round accommodations. With all rooms on the ground floor, the property is also ideal for transitioning into extended-stay lodging, senior living, or even assisted living. The possibilities are vast, allowing you to shape the future of this property to meet your vision.Occupying its own city block, the property is close to grocery stores, pharmacies, and dining options, making it convenient for both guests and owners. The swimming pool and hot tub provide a relaxing space for leisure, while the iconic retro sign adds a unique charm and local history to the property’s appeal.This business is fully operational and ready for a new owner to continue its success. Whether you choose to operate seasonally or year-round, or pursue new opportunities like extended stays or senior living, this turnkey property offers unlimited potential for growth in a prime tourist destination.

Property Listed By

Picture of REALTOR Listing Property
  • Brent Demos
  • 0118-833-917  Call the Agent 
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  • Demos Real Estate and Investments
  • 0118-833-917  Call the Agent 

Property Details

    Property Information

  • Offered For: Sale
  • Sale Price High: $3,000,000
  • County: El Paso
  • Tax: $4,568

    Building and Units

  • Construction Year: 1930
  • Building SqFt: 17,098
  • Sq Ft Source: Assessor Records
  • LP Sqft: 175
  • Total Units: 21
  • Acres Available: 0.67
  • Bldg SqFt Available: 17,098

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                3518 W Colorado Avenue, Colorado Springs, CO, 80904

                Image 1 of 32: Bird

                Bird's eye view with a mountain view

                Image 2 of 32: View of building exterior with a mountain view

                View of building exterior with a mountain view

                Image 3 of 32: View of street with a mountain view

                View of street with a mountain view

                Image 4 of 32: Mountain view

                Mountain view

                Image 5 of 32: Aerial view featuring a mountain view

                Aerial view featuring a mountain view

                Image 6 of 32: Drone / aerial view featuring a mountain view

                Drone / aerial view featuring a mountain view

                Image 7 of 32: Drone / aerial view

                Drone / aerial view

                Image 8 of 32: Aerial view

                Aerial view

                Image 9 of 32: Bird

                Bird's eye view with a mountain view

                Image 10 of 32: Other

                Other

                Image 11 of 32: View of office space

                View of office space

                Image 12 of 32: Carpeted living room featuring ceiling fan and a baseboard radiator

                Carpeted living room featuring ceiling fan and a baseboard radiator

                Image 13 of 32: Other

                Other

                Image 14 of 32: Carpeted living room featuring ceiling fan

                Carpeted living room featuring ceiling fan

                Image 15 of 32: View of carpeted bedroom

                View of carpeted bedroom

                Image 16 of 32: Dining area with a notable chandelier

                Dining area with a notable chandelier

                Image 17 of 32: Kitchen with light parquet floors, white cabinetry, stainless steel applian

                Kitchen with light parquet floors, white cabinetry, stainless steel appliances, and sink

                Image 18 of 32: Kitchen featuring white cabinets, black dishwasher, stainless steel counter

                Kitchen featuring white cabinets, black dishwasher, stainless steel counters, and sink

                Image 19 of 32: Other

                Other

                Image 20 of 32: Full bathroom featuring tile walls, tasteful backsplash, shower / tub combo

                Full bathroom featuring tile walls, tasteful backsplash, shower / tub combo, vanity, and toilet

                Image 21 of 32: Washroom with washer and dryer

                Washroom with washer and dryer

                Image 22 of 32: View of bedroom

                View of bedroom

                Image 23 of 32: Bedroom featuring an AC wall unit

                Bedroom featuring an AC wall unit

                Image 24 of 32: Dining room featuring ceiling fan

                Dining room featuring ceiling fan

                Image 25 of 32: Bathroom featuring tiled tub and tile patterned floors

                Bathroom featuring tiled tub and tile patterned floors

                Image 26 of 32: Bathroom with vanity

                Bathroom with vanity

                Image 27 of 32: Bathroom featuring toilet and curtained shower

                Bathroom featuring toilet and curtained shower

                Image 28 of 32: Kitchen with sink, dark brown cabinetry, and dark tile patterned floors

                Kitchen with sink, dark brown cabinetry, and dark tile patterned floors

                Image 29 of 32: View of property exterior featuring a mountain view

                View of property exterior featuring a mountain view

                Image 30 of 32: View of yard with a mountain view and a patio

                View of yard with a mountain view and a patio

                Image 31 of 32: View of yard with a mountain view

                View of yard with a mountain view

                Image 32 of 32: View of road

                View of road

                Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.