1460 E Chestnut St Sterling CO 80751

Active

1460 E Chestnut St Sterling CO 80751


Courtesy of: Kim Choi | RE/MAX Alliance-FTC South
$1,335,000 Sterling, CO 80751
  • 1.82 Acres
  • Logan County

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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