Akron, CO 80720 60 Hickory Ave

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Presented By: Platte River Realty LLC; 9708671181
  • MLS# 1019173
  • 09/23/2024
  • Request Tour
  • Request Info

Home Details

MOTEL and EVENT CENTER on 2.21 Acres! Excellent investment opportunity where you can live and work from the same location! Successful motel with 17 rooms (13 singles and 4 doubles). Each room includes a private bathroom, nightstand, desk/table with chair, lamps, microwave, mini refrigerator and TV. Private 2-Bedroom residence with living room and kitchen connected to office/lobby area. Lobby/lounge area and registration office were recently remodeled including tile and wood flooring, fireplace insert, coffee bar, and 2 ADA compliant bathrooms. The Event Center features a large conference room with connecting full-size kitchen and a separated recreation room with playroom. Additional bathrooms located within the event center. Professional office with private entrance and private bathroom also available to be rented. Property also features a heated/cooled 1600sqft shop with 4 garage doors. Truck parking with electrical hook-ups located in the parking area. Commercial grade washer/dryer on site. Guest laundry area and ice machine available. Must see to fully appreciate the amazing potential of this property!
Presented By: Platte River Realty LLC; 9708671181

Interior Features for 60 Hickory Ave

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesKitchenette

General for 60 Hickory Ave

AccessibilityNo Stairs
Attached Garage No
Building FeaturesStorage on Site
Business TypeOther Commerical, Mixed
Cap Rate16.83
CityAkron
Construction MaterialsMetal Siding
CoolingRefrigeration/HVAC, Window Unit(s), Ceiling Fan(s), Multi Units
CountyWashington
ElectricElectric, YW Electric
ExclusionsSeller's personal property
Garage Y/NNo
Gas Y/NNatural Gas, Black Hills
Gross Income136100
HOANo
HeatingForced Air, Hot Water, 2 or more Heat Sources, Wall Furnace
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet96268
Lot Size UnitsSquare Feet
MLS AreaWashington
Net Operating Income127077.84
New ConstructionNo
Operating Expense9022.16
Possible UseCommercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofMetal
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameE Hiway Valley
Tax Annual Amount9022.16
Tax Year2023
Tenant PaysDeposit
UtilitiesNatural Gas Available, Electricity Available
Virtual TourClick here
Waterfront Y/NNo
Year Built1980
ZoningCom/Indust

Exterior for 60 Hickory Ave

Building Area Total12000
Horse Y/NNo
Lot FeaturesWithin City Limits
Lot Size Acres2.21
Lot Size Area96268
Road Frontage TypeCity Street
Road Surface TypeAsphalt
SpaNo
Water SourceCity Water, Town of Akron

Additional Details

Price History

Jon Holsten

Price $755,000
MLS#1019173
List Date 09/23/2024
Property Type Commercial
Phone 970.237.2752
Request Tour
Request Info
Visit My Website

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