Columbine Roadhouse | 71450 Highway 550
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Columbine Roadhouse 71450 Highway 550
7 Room Hotel Silverton, CO 81433 $4,834,800 CAD ($690,686 CAD/Room)
Executive Summary
This is an incredible opportunity to own THE Premier Colorado Live Music Destination, just outside of the up and coming town of Silverton. The historic building was built in 1924 as a roadside hotel, bar, restaurant. Today it is charming hotel and the coolest music and bar venue in the Southwest. The main level features a beautiful residence, bar, and hospitality area for guests. The second level features separate entrances into an 800 sq ft suite, laundry area for guests, and four newly remodeled hotel rooms, all with private baths. The third level is a 600 sf apartment/hostel/bunk room with a kitchenette and full bathroom.The "yard" features a timber-framed 600 sq ft bar, a matching timber-framed 600 sq ft stage with equipment room, 200 sq ft kitchen, men's and women bathrooms, ATM room, 40' container, and three out buildings. On two acres, backed up to National Forest, with immediate trail access, this property has stunning views in every direction. The Roadhouse is located in an Opportunity Zone allowing Investors to receive tax incentives in the form of deferral and elimination of state and federal capital gains taxes.The Columbine Roadhouse is certainly a most unique Colorado real estate offering and an amazing opportunity for savvy entrepreneurs. Showings to qualified buyers only.
Property Facts
| Price | $4,834,800 CAD | Building Size | 3,117 SF |
| Price Per Room | $690,686 CAD | No. Rooms | 7 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1924 |
| Property Subtype | Hotel | Parking Ratio | 3.85/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.00 AC | Opportunity Zone |
Yes
|
| Price | $4,834,800 CAD |
| Price Per Room | $690,686 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 3,117 SF |
| No. Rooms | 7 |
| No. Stories | 3 |
| Year Built | 1924 |
| Parking Ratio | 3.85/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 3 | $213.30 CAD | - |
| Guest Room | 4 | $177.75 CAD | - |
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Presented by
Stellar Mountain Properties Ltd.
Columbine Roadhouse | 71450 Highway 550
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