50
See all 50 photos
$8,000,000
Est. payment /mo
5.16 Acres Lot
Active
3083-3303 Chicago Creek RD Idaho Springs, CO 80452
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UPDATED:
10/10/2024 11:03 PM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4276851
HOA Y/N No
Originating Board recolorado
Year Built 1940
Annual Tax Amount $7,101
Tax Year 2023
Lot Size 5.160 Acres
Acres 5.16
Property Description
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.
Location
State CO
County Clear Creek
Zoning C-3
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Not Available, Phone Available, Propane, Sewer Connected
Roof Type Composition
Garage No
Building
Lot Description Borders National Forest, Near Ski Area
Sewer Public Sewer, Septic Tank
Water Public, Well
Structure Type Block,Frame,Stone
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Kelly Right Real Estate of Colorado • 303-534-5000