1210 S Main ST Lamar, CO 81052

Building for sale with hotel business opportunity.

Built in 1962 semi profitable hotel approximately 14,410 square feet situated on 2.29 acres of land. Three buildings consist of a total of 40 rooms, on site managers apartment/office. The hotel includes 3 family suites (living room, kitchenette, sofa bed and double queen beds). 20 rooms with double beds, 7 rooms with queen beds and 10 rooms with king beds. Front Lounge area with grab n go breakfast. Each building has a storage room for supplies, maintenance storage with tools, two laundry rooms for hotel staff use, front lobby. Several rooms flooring have been updated. Sheds and tools included. New linens, towels and bedding was purchased in 2018 in addition to the replacement of roof in 2018, newer asphalt for the parking lot, pool repairs and front lobby. Approximately $300K total in improvements which include improvements to the front lobby. Hotel is associated with Expedia