402 Main StAntonito, CO 81120

For Sale
$695,000

Charming 14-room boutique hotel in scenic Colorado.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a beautifully remodeled 14-key boutique hotel, the Steam Train Hotel, located at 402 Main St, Antonito, CO 81120. Built in 1911 and renovated in 2014, this two-story, 10,000 square foot property sits on a 30,000 square foot lot and is zoned for business use. The hotel's prime location in Antonito, Colorado, capitalizes on the area's thriving tourism industry, drawing visitors from around the globe to experience the Cumbres & Toltec Railroad. Guests enjoy easy access to numerous attractions, including Great Sand Dunes National Park and various outdoor recreational activities. The hotel itself includes a gift shop and restaurant, enhancing its revenue potential. The asking price is $695,000, translating to $69.50 per square foot. Owner financing may be available for qualified buyers. Note that separate opportunities exist to purchase an attached 2-bedroom home and a detached 2-bedroom home across the street for an additional $250,000, and a marijuana grow operation for an additional $400,000. The hotel is conveniently located 7 miles from the New Mexico border on Highway 285. This is a rare chance to own a piece of Colorado history and a thriving hospitality business.

Highlights

  • $695,000 asking price for this 14-key boutique hotel.
  • 10,000 square feet, priced at $69.50 per square foot.
  • Located in Antonito, Colorado, at 402 Main St, 81120.
  • Features 14 guest rooms and sits on a 30,000 square foot lot.
  • Built in 1911, renovated in 2014, this two-story building is zoned for business use.

Property Details for 402 Main St

Property type
Other hospitality properties, Hotels
Square Feet
10,000 SF
Year Built/Renovated
1911/2014
Buildings
1
Stories
2

Location Insight

City
Antonito
County
Conejos
State
Colorado
Latitude
37.0751294
Longitude
-106.0082279
402 Main St, Antonito, Colorado

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402 Main St
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