1. Colorado
2. Montrose
3. 1702 E Main Street

1702 E Main Street, Montrose, CO 81401

Property Description

Rare Investment Opportunity: Lodging, RV Park & Boutique Bed & Breakfast – Montrose, CO This is your chance to acquire a turnkey, multi-faceted hospitality portfolio in the heart of one of Colorado’s most scenic and rapidly expanding markets—Montrose. This rare investment opportunity combines: • A 58-key lodging property • A fully equipped 20-spot RV park (Will be delivered Entitled – ready to build) • An optional Boutique Bed & Breakfast add-on, fully subdivided and ready July 2025 (See MLS#20252482) Positioned just minutes from Montrose Regional Airport (direct flights from Denver, DFW and other major airports) and nestled between popular destinations like Telluride, Ouray, Ridgway, and the Black Canyon National Park. This property is ideally located to capture year-round tourism, outdoor recreation, and drive-to traffic. Lodging Property Highlights: • Size: 32,866 SF | Acreage: 3.25 Acres • 58 exterior corridor rooms • Strong performance: $1M Yearly Revenue With 70% yearly occupancy • Attractive basis: Priced at only $65,000 per key • Recent capital improvements of $150,000, including: o New PTAC units (17 Rooms) o Foundation and structural upgrades o Framing, plumbing, and new paint • Modernized guest amenities: o Renovated lobby with indoor/outdoor seating o Business center & fitness room o Restrooms with showers o Flexible branding: keep or remove Wyndham flag RV Park Features: (ONCE BUILT) • 20 dedicated RV spots with individual hookups • Shared access to top-tier guest amenities:- (Club House - Already Built) o Lounge area o Laundry room o Fitness center o Restrooms & showers o Indoor/outdoor dining area • Stabilized projected income: $200,000 – $250,000 annually • Strategically positioned to attract seasonal travelers, RV nomads, and adventure tourists Bed & Breakfast Expansion Opportunity (Subdivision Finalizing July 2025) • 4-room suite B&B with private entrances and en-suite bathrooms • Total area: 3,700 SF | Lot size: 0.57 Acre • Designed for upscale short-term rental or hosted stays • Features include: o Guest check-in station o Outdoor pool o Covered cooking area with built-in hood & fireplaces • Can be operated independently or as an upscale extension of the main property Schedule a private tour today and secure this unique Colorado hospitality asset before summer demand surges.

Listing Status:

Active

Date Added:

June 26, 2025 at 05:00AM

Listing Office:

BRAY/COMMERCIAL : 970-241-2909

Listing Agent:

KATIE DAVIS : 970-778-5083

MLS ID:

20253028

Location

• Originating MLS: GJARA
• County: Montrose

Financial

This listing courtesy of KATIE DAVIS, BRAY/COMMERCIAL