FOR SALE
$1,335,000

1460 E Chestnut St
Sterling, CO 80751

Business Opportunities
Commercial
9,376
Sq. Ft.
1.82
Acre Lot
Courtesy: Kim Choi - RE/MAX Alliance-FTC South; Phone: 970-226-3990
Agent Websites> Colorado> Sterling> 80751
TWO properties (1st Interstate Inn and Free Standing Restaurant) are for sale on a 2.42-acre lot. One is a 30-room hotel ( 1460 E Chestnut), and the other is a 1,960-square-foot free-standing restaurant (1472 E Chestnut). Both properties are in an excellent location, right off HWY 76. The hotel offers 30 SPACIOUS guest rooms(22 -two beds, 8 -1 beds), guest coin laundry ( could be used for gas station users/ travelers), and a 1-manager suite/apartment. It provides ample parking, a relaxing and quiet setting by the creek, and a vaulted ceiling in each room. Newly updated with a new roof, new gutter, new flooring, added a sink and a stove in 18 rooms, new paint, and new water heaters. The restaurant can be leased. Owner financing opportunity!!! The Motel was updated for easy management. Owner/user can increase the revenue. Manger operated business for over 5 years. Excellent for development such as a franchise hotel, multifamily, multi-tenant retail building, etc. Investors may have tax credits since this is in Opportunity and Enterprise Zone!!! Must see! Call for showings!
1007098
Business Opportunities, Other
Logan
1973
1.82 Acres
City Water, City of Sterling
Wood Frame
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Kim Choi - RE/MAX Alliance-FTC South; Phone: 970-226-3990
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