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150 5th Street

Durango, CO 81301
  • $3,200,000
  • STATUS: Active Under Contract
  • ON SITE: 40 Days
  • MLS #: 786946
Under Contract
UPDATED: 24 min ago
$3,200,000
  • 0
    BEDS
  • 0.53
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 23,115
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1966
County:

School Ratings & Info

Listing courtesy of The Wells Group Of Durango, Inc..


Description

The Durango Lodge has been part of the Durango hospitality scene for over 55 years. Located in the heart of downtown Durango, this exceptionally clean and well maintained property has one of the best locations in downtown. The property has been in the same family since it was constructed and the pride of ownership shows. 40 parking spaces, 39 units with full baths, and a managers apartment with a full bath are located in the lodging/housing side. In addition, there is an office/reception area, and a saltwater swimming pool and enclosed hot tub area that complements the property. The heating system has been converted to a 4 pipe system allowing both heating and cooling on demand to each room. There is an onsite laundry room which assists in the costs of laundry, and the carpeting, furniture, bedding and televisions are all in very good condition. This hotel property is ready for the next owners to carry on the delivery of quality, clean and comfortable lodging for decades to come. The lodge has a very nice website.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-10-27T21:56:24.657.
www.durangomountainrealty.com/homes/121506292
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150 5th Street Durango, CO 81301

  • Price: $3,200,000
  • Status: Active Under Contract
  • Updated: 24 min ago
  • MLS #: 786946
0
Beds
9
Baths
0
½ Baths
0.53
Acres
23,115
SQFT
$138
$/SQFT
1966
Built
Neighborhood:
City Of Durango
County:
La Plata
Area:
Durango In Town
Property Description
The Durango Lodge has been part of the Durango hospitality scene for over 55 years. Located in the heart of downtown Durango, this exceptionally clean and well maintained property has one of the best locations in downtown. The property has been in the same family since it was constructed and the pride of ownership shows. 40 parking spaces, 39 units with full baths, and a managers apartment with a full bath are located in the lodging/housing side. In addition, there is an office/reception area, and a saltwater swimming pool and enclosed hot tub area that complements the property. The heating system has been converted to a 4 pipe system allowing both heating and cooling on demand to each room. There is an onsite laundry room which assists in the costs of laundry, and the carpeting, furniture, bedding and televisions are all in very good condition. This hotel property is ready for the next owners to carry on the delivery of quality, clean and comfortable lodging for decades to come. The lodge has a very nice website.
Exterior Features

Acreage Range .5-.99 Carport No Construction 40 F Baths Lot Dimension .52 Parking 20 + Total Spaces Parking Spaces 40 Property Attached Yes Property Description Corner Roof Metal Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

Interior Features

Cooling Yes Cooling Type Other Finished Sq Ft 23115 Flooring CarpetLaminateTile Foundation ConcreteSlab Furn Fixt Equip Furniture Included Heating Fuel Source Natural Gas Heating System Heat Pump Heating System1 Gas Lighting IncandescentOther One Quarter Baths 0 Total Offices 1

Property Features

American Disabil Act No Approx Inv N/A Available Utilities Cable Books Available No Cam No Covenants No Current Business Lodge Current Use Lodging Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneT-1 LineThree-PhaseWater Fixtures Included No Gross Scheduled Income 1000000 Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use LodgingMixed-Use Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Electric Meters 1 Total Gas Meters 1 Total Taxes 25317.56 Total Water Meters 1 Type Hotel/Motel Variable Rate No Water Rights No Zoning Type Commercial

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-10-27T21:56:24.657.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of The Wells Group Of Durango, Inc..