53 County Road 982Arboles, CO 81121

For Sale
$1,650,000

Thriving Multi-Use Business in Arboles, CO

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional investment opportunity presents a fully operational, multi-use business in Arboles, Colorado. Located on a highly visible corner near Navajo Lake State Park, this 6,670 square foot property includes a 10-room hotel converted into seven long-term rentals, a laundromat, a single-wide rental, a post office (five-year lease), a gas station with two pumps, a convenience store, restaurant equipment, and a liquor store. The property sits on a 1.6-acre lot with 30 parking spaces and six buildings, all on one story. Built in 1978 and renovated in 1998, the property boasts 100% occupancy since November 16, 2022, with nine tenants. The asking price is $1,650,000 ($247.38/sq ft). All leases expire December 31, 2023. The property is zoned for multi-use, offering significant potential for future growth. Financial records and leases are available. The sale is "as is, where is." This well-established business, operating since 1977, is a mainstay in the community and presents a rare opportunity for a turnkey operation with a loyal, existing staff. The property is sold by the owner.

Highlights

  • Exceptional multi-use investment opportunity in Arboles, CO, near Navajo Lake State Park.
  • 6,670 SF property on 1.6 acres with 30 parking spaces, including a 7-unit long-term rental hotel (formerly a 10-room motel), laundromat, single-wide rental, post office (5-year lease), gas station (2 pumps), convenience store, and liquor store.
  • Six single-story buildings, built in 1978, renovated in 1998.
  • 100% occupancy since November 16, 2022, with nine tenants; all leases expire December 31, 2023.
  • Asking price: $1,650,000 ($247.38/SF). Financial records and leases available upon request. Sold "as is, where is."
  • Established business operating since 1977.

Property Details for 53 County Road 982

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
6,670 SF
Year Built/Renovated
1978/1998
Buildings
6
Stories
1
Lot Size (sq. ft)
69,696 SF
Units
13

Location Insight

City
Arboles
County
Archuleta
State
Colorado
Latitude
37.023076514767
Longitude
-107.41969550677
53 County Road 982, Arboles, Colorado

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53 County Road 982
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