Active
3083-3303 Chicago Creek Road
Idaho Springs CO, 80452
$8,000,000
$1,032.39 per sqft
Active
7,749 sqft
Commercial
Built in 1940
This boutique cabin + condo resort is a unique waterfront investment opportunity, that backs to national forest. The established nightly rental business (zoned Commercial Hotel/Motel), known for its charm & exceptional hospitality, features 9 cozy cabins & a 5-unit apartment/condo building. It is rare to find such an exquisite Colorado waterfront property within 40 minutes of Denver! Thriving business w/ limitless potential - C3 zoning allows for many uses, in addition to the current use as a Hotel/Motel/Lodging. Ideally situated just minutes from historic downtown Idaho Springs and I70, offering easy access to popular attractions like Mount Blue Sky (formerly Mt Evans) - the highest paved road in the United States, Loveland Ski Area, Echo Mountain Ski Area, St. Mary's Glacier, Red Rocks Amphitheater, Evergreen, Georgetown, Blackstone Rivers Ranch, The Argo, Indian Hot Springs, Casinos, Beau Jo's, & Tommyknocker Brewery. Idaho Springs is the closest outdoor adventure mecca to Denver, boasting rafting, zip lining, hiking, fishing, horseback riding, jeeping & mountain biking. All cabins feature lovely outdoor spaces, most with private creek frontage, some have fireplaces, & fully equipped kitchens or kitchenettes. The property offers privacy and ample space for future development, should you wish to build more units, or expand the current use to additional uses. Strong occupancy rates year-round, supported by a loyal customer base and excellent online reviews. Occupancy typically ranges between 90-95% in the high seasons, and +/- 70% in the swing months. Consistent revenue w/ potential for growth through increased marketing & expansion of services. Units consistently garner the highest lodging rates in Idaho Springs. Lot 2 is able to be purchased by itself under MLS #4524911. Listing Broker is Owner.
4276851
MLSⓇ ID
October 10, 2024
Listed
November 20, 2024
Updated
Map
3083-3303 Chicago Creek Road
Idaho Springs CO, 80452
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
5.16 Acres
Lot Features
Borders National Forest, Near Ski Area
Roof
Composition
Sewer
Public Sewer, Septic Tank
Other Property Details
Taxes
$7,101
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
Clear Creek
Water Source
Public, Well
Pool
No
Zoning
C-3
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Data last updated 6:46 PM UTC, 11/20/2024
