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Commercial > Hospitality
Active
04/13/2024
List Price
$1,335,000

1460 Chestnut St
Sterling, CO 80751

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  • 1460 Chestnut St, Sterling, CO 80751 is a 9,376 ft² commercial hospitality property property built in 1973 on a 1.820 acre lot.

    MLS Description

    The listing agent's description. Original Listing

    TWO properties (1st Interstate Inn and Free Standing Restaurant) are for sale on a 2.42-acre lot. One is a 30-room hotel ( 1460 E Chestnut), and the other is a 1,960-square-foot free-standing restaurant (1472 E Chestnut). Both properties are in an excellent location, right off HWY 76. The hotel offers 30 SPACIOUS guest rooms(22 -two beds, 8 -1 beds), guest coin laundry ( could be used for gas station users/ travelers), and a 1-manager suite/apartment. It provides ample parking, a relaxing and quiet setting by the creek, and a vaulted ceiling in each room. Newly updated with a new roof, new gutter, new flooring, added a sink and a stove in 18 rooms, new paint, and new water heaters. The restaurant can be leased. Owner financing opportunity!!! The Motel was updated for easy management. Owner/user can increase the revenue. Manger operated business for over 5 years. Excellent for development such as a franchise hotel, multifamily, multi-tenant retail building, etc. Investors may have tax credits since this is in Opportunity and Enterprise Zone!!! Must see! Call for showings!

    Listing Agents

    The listing agent for 1460 Chestnut St is Kim Choi.

    Current Ownership

    Information about the current owner(s).

    Property History

    1460 Chestnut St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1460 Chestnut St

    School Information

    Public/private schools serving 1460 Chestnut St

    Copyright © 2024 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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