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Park Row Lodge 54 Manitou Ave 20 Room Hotel Manitou Springs, CO 80829 $3,310,724 CAD ($165,536 CAD/Room)



Investment Highlights
- High traffic volume
- Medium to heavy foot traffic at times
- Close to many attractions
- Mountain Setting
Executive Summary
Park Row Lodge Motel is a promising investment with significant potential for the right buyer. Claim it as your own today! This property features a 21-unit motel, including 2 cottages, spread across 1.31 acres. It presents an opportunity to acquire a piece of Colorado history. Located in Manitou Springs, a popular tourist destination, the area offers numerous attractions such as the renowned Manitou Incline, Mineral Springs, Cave of the Winds, The Cliff Dwellings, Garden of The Gods, Pikes Peak, and many more sites to explore. The following information provided from Google:
• Built in 1948, the Park Row Lodge in Manitou Springs, Colorado, is a historic Eisenhower-era motor inn located at 54 Manitou Avenue. It was designed to cater to tourists visiting the area for its natural mineral springs and mountain scenery, maintaining its vintage charm as a roadside America staple for over 60 years.
• Origins: Established in the post-WWII era (1948), the motel was designed to accommodate the rising popularity of automobile travel.
• Location and Features: Situated on 1.31 acres on the east side of Manitou Springs, the property historically featured 21 units, including individual rooms and cabins/cottages.
• Location Benefits: The motel is noted for its prime location, backing onto Fountain Creek and providing close access to Garden of the Gods and downtown Manitou Springs.
• Evolution: Over the years, the lodge has maintained its vintage appeal while updating amenities, such as offering free WiFi, kitchens, and scenic balconies, according to Manitou Springs.
• Current Status: It is recognized as a "Vintage Route 66 Style Motel" by a Tripadvisor user that still serves visitors looking for a nostalgic, non-chain lodging experience near Colorado Springs
• Built in 1948, the Park Row Lodge in Manitou Springs, Colorado, is a historic Eisenhower-era motor inn located at 54 Manitou Avenue. It was designed to cater to tourists visiting the area for its natural mineral springs and mountain scenery, maintaining its vintage charm as a roadside America staple for over 60 years.
• Origins: Established in the post-WWII era (1948), the motel was designed to accommodate the rising popularity of automobile travel.
• Location and Features: Situated on 1.31 acres on the east side of Manitou Springs, the property historically featured 21 units, including individual rooms and cabins/cottages.
• Location Benefits: The motel is noted for its prime location, backing onto Fountain Creek and providing close access to Garden of the Gods and downtown Manitou Springs.
• Evolution: Over the years, the lodge has maintained its vintage appeal while updating amenities, such as offering free WiFi, kitchens, and scenic balconies, according to Manitou Springs.
• Current Status: It is recognized as a "Vintage Route 66 Style Motel" by a Tripadvisor user that still serves visitors looking for a nostalgic, non-chain lodging experience near Colorado Springs
Property Facts
| Price | $3,310,724 CAD | Building Size | 17,614 SF |
| Price Per Room | $165,536 CAD | No. Rooms | 20 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1948 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 1.31 AC | Corridor | Exterior |
| Zoning | C | ||
| Price | $3,310,724 CAD |
| Price Per Room | $165,536 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.31 AC |
| Building Size | 17,614 SF |
| No. Rooms | 20 |
| No. Stories | 2 |
| Year Built | 1948 |
| Tenancy | Single |
| Parking Ratio | 1.38/1,000 SF |
| Corridor | Exterior |
| Zoning | C |
Amenities
- Balcony
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $249.34 CAD | - |
| Guest Room | 19 | $185.62 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 74044-10-051 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $405,120 CAD |
Property Taxes
Parcel Number
74044-10-051
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$405,120 CAD
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Metroplex Real Estate
Park Row Lodge | 54 Manitou Ave
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