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Price Reduced on this Historic Hotel and Restaurant in Colorado's ''Little Switzerland''

Lifestyle, Victorian style located in Western Slope, Colorado
 
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Price: $1,975,000

Property Features:
• Historic: Yes
• Year Built: 1898
• Years in Operation: 100+
• Gross Revenue: 866,000
• Percent Furnished: 100
• Setting: Mountain
• Square Feet: 10,000
• Guest Rooms With Bath: 9
• Common Areas: lobbly, parlor, patio, breakfast room
• Hot Tub: Yes
• Jacuzzi: Yes
• Fireplace: No
• View Images

Owners Quarters: Yes
• Separate Structure: No
• Bedrooms: 1
• Bath Rooms: 1
• Square Feet: 500

Property Description:
Located in an historic mining town, and surrounded by the majestic peaks of the San Juan Mountains, this historic hotel and restaurant has been painstakingly renovated in keeping with its rich Victorian roots.

Today, visitors seek a different kind of treasure from those of the town's early days of gold and silver mining--precious peace and relaxation. Sooth away your stress in the natural hot springs, or rejuvenate your spirit on a mountain hike. You won't find a more beautiful spot in all of Colorado!

For more than 100 years, guests have been treated like visiting royalty, from the moment they step into the vintage inspired lobby or one of the 9 ornately furnished guest rooms. Nightly rates range from $60 to $155 per night, depending upon the season. There are also several common areas in the 10,000SF building as well, including a breakfast room, cozy parlor, and outdoor patio. Under continuous ownership for more than 20 years, the restaurant provides one of the premier dining experiences that this town has to offer, and is tastefully decorated with rock walls, hardwood floors, and an exquisite bar area. The owner's quarters is approximately 500 SF., and consists of a bedroom and private bath in the front of the hotel on the first floor.

The turnkey operation is offered for sale for 2.2 million, and includes all FFE and $25,000 in wine and liquor inventory.

Area Attractions

Ridgway National Park
Ouray Ice Park
San Juan Skyway
Fairways Pine Golf & Country Club

Front
Guest Room
Bar
Lobby
Guest Room
Restaurant
Parlor
Guest Room
Restaurant Door
Lobby
Hallway
 
Suite
Restaurant
 

Price: $1,975,000

Contact:
• Roxanne Kolbe
• Office Phone: 303-916-8660
• Cell Phone: 303-916-8660
• Fax: 720-746-2858
• roxanne@innmatchmakers.com

This property is advertised by Roxanne Kolbe with the permission of its Listing Broker.

Roxanne Kolbe is licensed as an independent broker in Colorado. She has helped a number of inn buyers and innkeepers realize their dreams.

With a degree in finance, Roxanne knows her way around a financial statement, a skill that comes in handy when helping buyers evaluate hospitality properties. Roxanne is also member of the Professional Association of International Innkeepers (PAII) as well as The Colorado Bed and Breakfast Association (BBIC). She has participated in both orgainzations' annual innkeeper meetings, reporting for the PAII Inn Valuations Panel.

In addition, Roxanne teaches a class entitled "The Ins and Outs of Innkeeping" at Colorado Free University. For scheduling information, go to www.freeu.com.

She has represented buyers, sellers (or both!) in the following list of bed and breakfast transactions:

The Hardy House (renamed the All Aboard Inn), Georgetown
Climbing Cub, Divide
The Sodbuster Inn, Greeley
2300 Downing Street, Denver
The Cascade Escapes (renamed the Blue Spruce Inn), Cascade
Willow Pond Bed & Breakfast, Grand Junction
The Ice Palace Inn, Leadville
River Spruce Cottages, Estes Park
The Western Skies, Keystone, CO
The Abriendo Inn, Pueblo, CO
The Sodbuster Inn, Greeley (resale)
The Anniversary Inn, Estes Park
6667 Highway 36, Estes Park (conversion)

Lease Options
The Plains Hotel, Cheyenne Wells
The All Aboard Inn, Georgetown

Contact Roxanne Kolbe about this property.

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