Address
229 Manitou Avenue Manitou Springs, CO
Price
$ 3,000,000
Property Attributes
  • MLS#2382601
  • TypeCommercial
  • CountyEL PASO
  • CityManitou Springs
  • Zip80829
  • Style
  • Year Built1990
  • Taxes$ 22781
  • Price$ 3,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage41129
  • Lot Size0.94 Acres
Listing Provided Courtesy Of:
Allen Realty
Data Source:
REColorado (MTOMLS) - 6 - CO
Property Description

38 Room former Super 8 Motel (229 Manitou Ave) with a single family home (13 Crystal Park Rd) in the same parking lot. Located at a lighted intersection one block away from US Highway 24. Has an outdoor pool and marijuana smoke cabana. All rooms have hardwood or tile flooring. Hotel offers single and double bed rooms, as well as larger suites with single kings, double and triple queens. Weekly rates are offered as well. Currently 85% occupied. Manitou Springs is one of the most desirable places to visit in the Colorado Springs area. Manitou Springs is at the foot of Pikes Peak and is the first town you pass on a popular route to Colorado's biggest ski resorts. Manitou offers quaint small town living and close proximity to the convenience of the city (grocery stores, hospitals, etc.). Manitou is home to many attractions including the popular Incline and Garden of the Gods, an old-school arcade, breweries, great food and plenty of hiking. Manitou Springs is also the only city within a 50 mile radius where recreational marijuana is legal, with the only two dispensaries walking distance from Manitou Inn & Suites.

Price History
6/4/2021 Listed $3,000,000

General Features

Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use MultiFamily
Garage Spaces 0.0
Garage Y/N No
Property SubType SpecialPurpose
Property Type CommercialSale
Sewer PublicSewer
Total Units 38
Zoning C

Exterior Features

Building Area Total 41129.0
Covered Spaces 0.0
Lot Size Acres 0.94
Lot Size Area 0.94
Lot Size Square Feet 40946.0
Lot Size Units Acres
Total Parking 0.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80829

Price
AVG $2.28M
$3M
Taxes
AVG $16,798
$22,781
Visits
AVG 42
2
Year Built
AVG 1982
1990

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