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229 Manitou AVE Manitou Springs, CO 80829
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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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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Capital Property Group LLC
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