Remax Country

1200 Main Street, Silt, CO 81652 (MLS# 154939)


$2,500,000
1200 Main Street
Silt, CO 81652
MLS# 154939
17880 sqft


1200 Main Street, Silt, CO 81652
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Property Description
The cleanest best run hotel / motel just became available. You've been waiting for it. Now it's here. The Red River Inn has been completely remodeled. It has everything new. LED lighting, new fixtures, low-flow toilets, new flooring, new TV's and more. Everything is new! The hotel boasts 47 rooms that includes an on-site property manager quarters. Spacious parking holds 55 cars and 5 designated big rig 18 wheeler parking spaces. Also, the property has a spacious storage shed for all of the supplies needed to maintain your new business. This is a great business opportunity offered from a great soon-to-be former owner. Do not let this opportunity pass you by.

Details
Maps
Documents
Location Info
Current Price: $2,500,000
Type: Commercial
Major Area: Silt
Area: 11-Silt Proper
Asking Price: 2500000
Original List Price: 2500000
Orig List Price Per/SF: 139.82
Street #: 1200
Street Name: Main
Street Suffix: Street
City/Town: Silt
State/Province: CO
Postal Code: 81652
Keywords Info
Building SqFt: 10,001 - 20,000
Unit SqFt Range: Multiple Units
HOA Dues Y/N: No
Payment Per: Unknown
Listing Info
REO: No
Member Association: Glenwood Association
General Info
Sub/Loc: None
County: Garfield
Legal: Section: 10 Township: 6 Range: 92 Subdivision: RED RIVER INN SUBDIVISION EX Lot: 1
Zoning: B-2 Business dist
Lot SqFt: 73616
Nbr of Acres: 1.69
Total SqFt: 17880
Under Construction: No
Business Name: Red River Inn
Inventory: Yes
Year Built: 1981
Directions: HWY I-70 to Silt. Exit North. Take roundabout go East. Hotel is on the North side of Main st
Financing Info
Metro Tax District: No
Taxes: 20617.32
Tax Year: 2018
Transfer Tax: No
Status Change Info
Status: Active
Property Features
Allowable Uses: Hospitality; Hotel/Lodge; Income
Construction: Frame; Stucco
Condominiumized: No
Substructure: Crawl Space
Roof: Composition Shingles
Condition: Excellent
Heating/Cooling: Air Conditioning; Forced Air
Electric: Yes
Gas: Natural Gas
Sanitation: Community
Owner Pays: Building Insurance; Electric; Exterior Maintenance; Interior Maintenance; Parking; Property Taxes; Sewer; Site Maintenance; Structural Maint; Trash; Water
Parking: 21 + Spaces; Parking Lot
Access: Paved
Extras: Living Quarters
Expenses Include: Cable; Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Electric; Unit Heat; Water
Location Amenities: High Traffic Loc; High Visibility; Highway Access
Current Use: Motel
Documents on File: Financials
Terms Offered: Cash; Owner Finance; Other
Sign: Yes
Possession: DOD

Listing Office: Coldwell Banker Mason Morse

Last Updated: July - 12 - 2018

Copyright 2009 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

Friday 20th of July 2018 04:02 PM

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