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Key Details
Sold Price $695,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 3,990 sqft
Price per Sqft $174
MLS Listing ID 770529
Sold Date 01/04/23
Full Baths 4
Year Built 1939
Tax Year 2019
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Hotel/Motel
Property Description
The Organic Peddler Casita Bonita Inn is located on the west side of Del Norte, Colorado on Hwy 160 giving it excellent visibility. .47 Acres +/- Almost 3 full lots. Original construction began in approx. 1939. There are a total of 4 great rental units on the property with a small historic log cabin that could be remodeled to create a fifth unit. The property has been renovated by the current owners. UNIT 1. “The Bottle House” is a gorgeous cordwood and bottle rental with a cement tile roof and a lovely loft. It also has a sweet private courtyard with a very cool truck bar. The Bottle House is approximately1000 square feet and has all the comforts of Home including a washer and dryer. This unit rents out for 1595. per month. The current renters lease is up on 04-14-2023. UNIT 2. “The Adobe Grande” is a beautifully restored (You guessed it ;-) Adobe building adjacent to the bottle house. The 14-inch-thick walls downstairs with their double pained windows make this a cozy, quite home. It has a fabulous wet bar and wood stove in the living room, A roomy master bedroom, large kitchen and a sweet sunroom with a washer and dryer. The upstairs has a sweet office space and a very large bedroom with tons of great storage. This rental has a nice front yard all to itself. This unit is approximately 1,600 square feet and rents for $1,495. at present. When this tenant leaves, the rent will raise to $1,595. UNIT 3. “The La Casita Bonita” is a charming 730 square foot adobe cottage. Although small it has a nice size kitchen, bedroom and a cozy living room with a full bath. 14-inch-thick walls with its double pained windows make this a cozy, peaceful cottage. There is a small, fenced yard. The La Casita Bonita is being rented at present for $1,250. per month. Rent to be increased to $1,395 per month. UNIT 4. “The Log Cabin” believed to be part of the original stagecoach stop is a 660 square foot Awesome, fully renovated turn of the century rustic yet beautiful comfy cabin. Tenants love its open floor plan! It has an inviting 128 square foot porch and a fairly new lovely red tin roof. The Log Cabin is currently rented for $1,395. per month. NOTE: THIS PROPERTY IS TYPICALLY RENTED TO DOCTORS/NURSES WORKING AT THE RIO GRAND HOSPITAL, WHICH IS WITHIN WALKING DISTANCE OF THE PROPERTY (LESS THAN 3 BLOCKS AWAY).
Location
State CO
County Rio Grande
Interior
Heating Natural Gas
Flooring Concrete, Tile, Vinyl, Wood
Furnishings Furnished
Exterior
Parking Features 2 per unit
Utilities Available Electric, Internet, Natural Gas, Phone
Roof Type Metal
Building
Story 1
Foundation Slab
Sewer Public Sewer Installed
Water Public
New Construction No
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