Manitou Springs, CO 80829,229 Manitou AVE
Manitou Springs, CO 80829,229 Manitou AVE
Manitou Springs, CO 80829,229 Manitou AVE
13
$2,700,000
$3,000,000
10.0%
Est.Price: ?

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0.94 Acres Lot

229 Manitou AVE Manitou Springs, CO 80829

Est. payment /mo
SOLD DATE : 10/06/2021

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Key Details

Sold Price $2,700,000

Property Type Commercial Sale

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2382601

Year Built 1990

Annual Tax Amount $22,781

Tax Year 2020

Lot Size 0.940 Acres

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.

Location

State CO

County El Paso

Zoning C

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Building

Sewer Public Sewer

Water Public

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REColorado (REColorado MLS)
Listed by Allen Realty
Bought with Capital Property Group LLC

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Robert Hryniewich

Broker Associate | FA039371

+1(303) 564-8900

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