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 25, 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

Listed by Kelly Right Real Estate of Colorado, Rachel Betz, Listing Contact: 303-534-5000 
 

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Data last updated 7:25 PM UTC, 11/25/2024

 

 

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