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PRICE $795,000 dsIDX morgage calculator
SIZE 3,261 sqft
LOT SIZE 24,830 sqft

Investment Opportunity: 4 (Potential 5) Room Bed & Breakfast Inn - Montrose, CO. This charming & versatile Bed & Breakfast Inn is in the heart of Montrose, CO, offering a unique investment opportunity, perfectly suited for a boutique hotel, Airbnb operation, lifestyle inn, or intimate wedding venue. With subdivision approval expected by May 2025, the property is projected to generate $85,800 in Net Operating Income at a 7.2% cap rate (Source: AirDNA), positioning it as a high-yield hospitality asset in a rapidly growing market and provides buyers the opportunity to secure the property ahead of the summer peak season. Property Features "¢ Size: 3,700 SF on 0.57 Acres "¢ Accommodations: 4 (Potentially 5) Elegantly Designed Suites, 4 Bathrooms "¢ Entrances: 5 Separate Entrances for Guest Privacy "¢ Amenities: Cozy Fireplaces, Outdoor Pool, Cooking Area & Patios "¢ Manager's Suite: Includes Bathroom & Kitchen "¢ Parking: Ample Parking for 15 Vehicles "¢ Accessibility: Main Street Visibility, Walking Distance to Local Eateries & Bars "¢ Financing: Seller Financing Available. Prime Location & Tourist Gateway Situated just minutes from Montrose Regional Airport, the property serves as a strategic hub for year-round tourism, with easy access to: "¢ Telluride Ski Resort "¢ Silverton, Ouray, Ridgeway, Durango, & Grand Junction "¢ Black Canyon of the Gunnison National Park, a breathtaking natural wonder just 13 miles away. Black Canyon of the Gunnison National Park Renowned for its dramatic cliffs & deep, narrow gorges carved by the Gunnison River, the Black Canyon offers: "¢ Over 2,700' deep sheer canyon walls "¢ Hiking trails, rock climbing, & trout fishing "¢ Approximately 357,000 visitors in 2023, highlighting its growing appeal as a tourist destination. Montrose Airbnb Market: With strong demand & growth, Montrose's short-term rental market is thriving. Driven by its scenic surroundings & outdoor recreation opportunities. Key statistics include: "¢ Occupancy Rate: A median of 69%, indicating robust demand "¢ Average Daily Rate (ADR): Approximately $130, providing competitive returns for hosts "¢ Annual Revenue: Typical hosts earn around $33,000 per year "¢ Active Listings: As of September 2024, there were 185 active Airbnb listings in Montrose "¢ Year-over-Year Revenue Growth: 1.02% "¢ Peak Season: July typically marks the peak season, offering the highest occupancy & revenue potential. "¢Opportunity to purchase entire Red Arrow Inn & Suites project

LAST UPDATED 6/24/2025 YEAR BUILT 1955
COMMUNITY Montrose City COUNTY Montrose
STATUS Active PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Jun 24, '25 $849,000
Jun 24, '25 - Today $795,000


ADDITIONAL DETAILS
AREA Montrose City
HEAT Forced Air, Natural Gas
LOT 0.57 acre(s)
TAXES 8645
UTILITIES Natural Gas Available
WATER Public
ZONING Business
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with Bray Commercial LLC

CREN MLS Logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.

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This data was last updated: 6/28/25 11:00 PM PDT

This IDX solution is (c) Diverse Solutions 2025.


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