$1,335,000
Sterling, CO 80751
Key Features
- Property Type: Commercial Sale
- Status: Active
- MLS® ID: 1007098
- Year Built: 1973
- Lot/Acreage: 1.82
- County: Logan
- Neighborhood: Abba Rep
Interior Details
- Cooling: Window Unit(s)
- Heating: Wall Furnace
- Basement: None
- Water: City Water, City of Sterling
Exterior Details
- Zoning: Commercial
- Roof: Composition
Description
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!
Location
- Address: 1460 E Chestnut St Sterling CO 80751
- City: Sterling
- State: CO
- Zip: 80751
Heading north on HWY 76, exit at the City of Sterling. It is on the left side of the main road.
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Listing # Courtesy of Kim Choi of RE/MAX Alliance-FTC South. Last Updated: September 27, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
