651-492-0563
3303 Chicago Creek Rd, Idaho Springs, CO for Sale
Hospitality - FOR SALE
1/75
null | Request Cap Rate

3303 Chicago Creek Rd
Idaho Springs, CO 80452


HIGHLIGHTS

  • 9 charming and fully furnished cabins and 5 condo rooms with modern amenities
  • 5.16 acres with rare creekside exposure
  • 35 miles from Downtown Denver, and close to numerous attractions
  • Rare and flexible C3 zoning designation allows for development and a wide variety of uses
  • 3 additional units made available to rent in late 2024 for additional rental revenue
  • Broker of Record: Michael A. Corbey with RealSpace Commercial Real Estate, LLC (CO License ER.040024487)

OVERVIEW

SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of the Water & Stone Retreat ("Property"), a boutique lodging property nestled in the breathtaking landscapes of Idaho Springs, Colorado. This serene retreat offers a prime opportunity for investors or hospitality entrepreneurs looking to own a slice of paradise just 30 miles from Denver. The Property includes a five-unit condo building and nine charming and well amenitized cabins along the babbling Chicago Creek and encompasses 5.16 easily maintained acres. This property boasts very high occupancy numbers and some of the highest ADRs in the Idaho Springs area. Rare and flexible C3 zoning allows for ample development opportunities. Idaho Springs is already short on available short term lodging options and the long-awaited Mighty Argo Cable Car in Idaho springs is under construction and scheduled to open late 2025 or early 2026 and is expected to see 500,000-700,000 visitors annually.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

14

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Water and Stone Retreat

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.16 AC

LAND SF

224,770 SF

ZONING

C3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ned RuppSVN | Northco Real EstateMore Info
651-492-0563

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Ned RuppSVN | Northco Real EstateMore Info
651-492-0563

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.