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29209575
29209604

925 1st Ave, Monte Vista, CO 81144 For Sale

LR
CO CO ER.040027739
Roberts Group Real Estate
Listed by Roberts Group Real Estate
$1,899,000
188 days on market
Updated 104 days ago
Opportunity zone

Monte Villa Inn

Details
APN 3531309003
Property Type Hospitality
Sub Type Hotel
Square Footage 27,338
Keys 40
Price per SqFt $69
Broker Co-Op Yes
Year Built 1930
Buildings 1
Stories 3
Acreage 0.690
Zoning Commercial
Investment Type Owner/User

Hospitality | 40 Keys

Marketing description

Own a charming piece of Colorado history with The Monte Villa Inn! This wonderful opportunity is perfect for an investor or owner-operator looking to acquire a historic hotel full of potential. Located on Main Street in Monte Vista, this beautifully maintained 3-star hotel from the 1930s has been thoughtfully updated while still keeping its timeless character and architectural charm. Recognized as a historical site since 1990, this property offers both history and opportunity in a fantastic location. The main lobby exudes classic elegance, featuring antique furnishings, a full-service bar, and a dining area that highlights the building’s heritage.

Located in the center of downtown Monte Vista, the property benefits from steady year-round traffic and is just a short drive to major regional attractions, including the San Juan Mountains, Rio Grande National Forest, the Great Sand Dunes National Park, and about an hour from Wolf Creek Ski Area. The area supports tourism, outdoor recreation, and community events that create consistent hospitality demand.

This turnkey hospitality business offers an opportunity for multiple revenue streams, including lodging, food and beverage, and event hosting. The manager's quarters could be converted back to retail or office space, featuring main street visibility. The property is uniquely situated so that a drive-thru could be added, providing an opportunity for a drive-thru business.

Property amenities include:

• 40 renovated guest rooms, each with private bathrooms.

• Licensed restaurant and bar/lounge (formerly the Villa Pub), although the bar/lounge will require further renovation to become a functional space.

• On-site breakfast café/coffee shop.

• Commercial kitchen that is up-to-date with all licensing and inspections.

• Conference or event space featuring a stained-glass ceiling.

• Owner’s suite on-site.

• Laundry facilities.

• Private parking lot behind the building.

• All furniture, fixtures, and equipment are included; everything you see is included except for the owner’s personal belongings.

• Substantial tax advantages for qualified buyers.

• Prime Main Street location with high visibility and strong local presence.

Call today for a private tour of this unique business opportunity.

Colorado State Enterprise Zone: https://choosecolorado.com/doing-business/incentives-financing/ez/

Federal Opportunity Zone: https://choosecolorado.com/programs-initiatives/opportunity-zones/

Listing Contacts

LR
CO CO ER.040027739
Roberts Group Real Estate
Listed by Roberts Group Real Estate

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Additional Information

Name
Larry Roberts
License
CO ER.040027739
Brokerage
Roberts Group Real Estate
Brokerage Phone
7198526910
Title
Real Estate Broker
Brokerage Address
121 Adams Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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