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Santa Fe Inn Pueblo | 79 Keys 730 N Santa Fe Ave 80 Room Hotel Pueblo, CO 81003 For Sale
INVESTMENT HIGHLIGHTS
- Santa Fe Inn & Suites – Pueblo, CO | 79 Keys | Downtown | Signalized Hard Corner
- Significant Value-Add Opportunity: ±23 rooms currently online. Renovate, rebrand, and stabilize operations to capture underutilized revenue potential
- FEMA-Approved Lodging with Government/Contract Demand Potential: Ideal candidate for extended stay, direct-bill government lodging, or affordable work
- Downtown Pueblo Hotel | ±79 Keys + Vacant Restaurant: Independent hotel located along N. Santa Fe Ave near I-25 with ±79 rooms, vacant restaurant/bar
- Downtown Location with Tourism & Institutional Demand Drivers: Steps from Pueblo’s Creative Corridor, Arkansas Riverwalk, Parkview Medical Center
- Additional Income Potential via Vacant Restaurant & Bar: Activate or lease out the on-site restaurant and lounge space to diversify revenue streams.
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present the Santa Fe Inn & Suites, a ±79-room, two-story independent hotel located at 730 N Santa Fe Avenue in Pueblo, Colorado. This value-add hospitality asset sits prominently along North Santa Fe Avenue, just off Interstate 25, and within walking distance to downtown Pueblo’s Creative Corridor, Arkansas Riverwalk, and other tourism, healthcare, and education demand drivers.
The Property sits on 1.49 acres and features a two-story building offering ±79 total rooms (±23 currently online), a vacant restaurant and bar, seasonal outdoor pool, business center, and ample surface parking. Zoned B-4 for Central Business District, the site is well-positioned for rebranding, operational repositioning, or conversion to extended-stay or workforce housing. This creates an attractive dual-path investment: continue operations as a hotel or pursue a by-right residential redevelopment strategy. Additionally, the hotel is FEMA-approved, creating potential for government contract lodging opportunities.
Pueblo’s economy is experiencing revitalization, with nearby anchors such as Parkview Medical Center, EVRAZ Steel, Pueblo Community College, and CS Wind supporting job growth and local demand. Recent city-backed investments including the Fuel & Iron Food Hall and Watertower Place demonstrate a strong push toward downtown redevelopment and hospitality demand renewal. The Hotel enjoys excellent visibility and access adjacent to I-25 (65,241 VPD) and sits at the signalized intersection of N Santa Fe Ave with traffic counts of 25,500 VPD and East 8th Street (6,489 VPD). The Property benefits from strong demographics with a population of 118,446 residents and an average household income of $64,403 within a 5-mile radius. The population has experienced 2.35% growth from 2020-2024 with 2.54% growth expected to continue through 2029.
The Property sits on 1.49 acres and features a two-story building offering ±79 total rooms (±23 currently online), a vacant restaurant and bar, seasonal outdoor pool, business center, and ample surface parking. Zoned B-4 for Central Business District, the site is well-positioned for rebranding, operational repositioning, or conversion to extended-stay or workforce housing. This creates an attractive dual-path investment: continue operations as a hotel or pursue a by-right residential redevelopment strategy. Additionally, the hotel is FEMA-approved, creating potential for government contract lodging opportunities.
Pueblo’s economy is experiencing revitalization, with nearby anchors such as Parkview Medical Center, EVRAZ Steel, Pueblo Community College, and CS Wind supporting job growth and local demand. Recent city-backed investments including the Fuel & Iron Food Hall and Watertower Place demonstrate a strong push toward downtown redevelopment and hospitality demand renewal. The Hotel enjoys excellent visibility and access adjacent to I-25 (65,241 VPD) and sits at the signalized intersection of N Santa Fe Ave with traffic counts of 25,500 VPD and East 8th Street (6,489 VPD). The Property benefits from strong demographics with a population of 118,446 residents and an average household income of $64,403 within a 5-mile radius. The population has experienced 2.35% growth from 2020-2024 with 2.54% growth expected to continue through 2029.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 80 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 1.49 AC | Corridor | Exterior |
| Building Size | 44,424 SF | Opportunity Zone |
Yes
|
| Zoning | B4 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.49 AC |
| Building Size | 44,424 SF |
| No. Rooms | 80 |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.37/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | B4 |
AMENITIES
- Business Center
- Pool
- Restaurant
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $69.80 CAD | - |
| Guest Room | 78 | $65.61 CAD | - |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 0-4-30-3-16-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $122,545 CAD |
PROPERTY TAXES
Parcel Number
0-4-30-3-16-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$122,545 CAD
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Santa Fe Inn Pueblo | 79 Keys | 730 N Santa Fe Ave
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