Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Prime location/7.84 acre lot with excellent visibility in a fast growing area.
  • Situated in Opportunity Zone.
  • The lot can be divided for different development opportunities.
  • Right off of HWY 85 and HWY 34.
  • Well built building with 73 guest rooms, event center, restaurant, business center and more.

Executive Summary

7.84-acre site located right off of HWY 85 and HWY 34! - Prime location in a rapidly growing area. The lot can be divided to open up more opportunities.
This existing 73-room indoor corridor hotel is situated on 7.84 acres, adjacent to a new McDonald's and retail center surrounded by ongoing development and established users. This well-built property features a large lobby with a two-story-high, attractive ceiling, a restaurant with an elevator that requires repair, and a spacious event center. It also has a full basement with a high ceiling and could be used as a car garage.
This can be converted into a rehabilitation center, an assisted living facility, a multifamily building, or restored to its original glory as a hotel. The potential is endless. Showings will be done discreetly by appointment only.

Property Facts

Price $9,696,680 CAD
Price Per Room $132,831 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 7.84 AC
Building Size 48,121 SF
No. Rooms 73
No. Stories 2
Year Built 1964
Parking Ratio 2.08/1,000 SF
Corridor Interior
Opportunity Zone Yes
Zoning PUD, Evans - Commercial Opportunity Zone

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 16 $123.29 CAD -
Guest Room 57 $60.95 CAD -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
R3882086
Land Assessment
$638,042 CAD
Improvements Assessment
$1,145,400 CAD
Total Assessment
$1,783,441 CAD
  • Listing ID: 35414464

  • Date on Market: 2025-04-08

  • Last Updated:

  • Address: 3301 W Service Rd, Evans, CO 80620

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}