This boutique cabin + condo resort is a unique waterfront investment opportunity, that backs to national forest. The established nightly rental business (zoned Commercial Hotel/Motel), known for its charm & exceptional hospitality, features 6 cozy cabins & a 5-unit apartment/condo building. It is rare to find such an exquisite Colorado waterfront property within 40 minutes of Denver! Thriving business w/ limitless potential – C3 zoning allows for many uses, in addition to the current use as a Hotel/Motel/Lodging. Ideally situated just minutes from historic downtown Idaho Springs and I70, offering easy access to popular attractions like Mount Blue Sky (formerly Mt Evans) – the highest paved road in the United States, Loveland Ski Area, Echo Mountain Ski Area, St. Mary's Glacier, Red Rocks Amphitheater, Evergreen, Georgetown, Blackstone Rivers Ranch, The Argo, Indian Hot Springs, Casinos, Beau Jo’s, & Tommyknocker Brewery. Idaho Springs is the closest outdoor adventure mecca to Denver, boasting rafting, zip lining, hiking, fishing, horseback riding, jeeping & mountain biking. All cabins feature lovely outdoor spaces, most with private creek frontage, some have fireplaces, & fully equipped kitchens or kitchenettes. The property offers privacy and ample space for future development, should you wish to build more units, or expand the current use to additional uses. Strong occupancy rates year-round, supported by a loyal customer base and excellent online reviews. Occupancy typically ranges between 90-95% in the high seasons, and +/- 70% in the swing months. Consistent revenue w/ potential for growth through increased marketing & expansion of services. Units consistently garner the highest lodging rates in Idaho Springs. This parcel is available to be purchased with any additional lot under MLS #4276851. Listing Broker is Owner.
Exceptional Investment Opportunity in Prime Location. Presenting a rare chance to acquire a 2000 sf commercial property with a residential home and rental in a high-growth market area. This property is strategically positioned for success. Parking is no issue with 11 parking spots. Property has exposure, with over 22 million vehicles traveling through annually. This is an exceptional opportunity for the astute investor looking to secure prime commercial property in a thriving area prime for growth and investment potential. This commercial building offers all entrepreneurs an opportunity for Retail, Restaurants, Artists, Bike Shops, Rafting, Wood-shop, Metal Shops, Doggy Daycare, Mechanical shops, Toy garages, General Contractors, Small Offices, Freelance Developer, Graphic Designer, Landscapers, Roof, Awning and Gutter supplier, Vending Machine Supplier, Marijuana Grower and Distributor, Window, Roofing, and Gutter shops, Builder or Developer, etc. Historical Idaho Springs has many offerings: Breweries, Restaurants, Grocery Store, Shopping, Rafting, Hiking, Nature and Wildlife Tours, Mine Tours, Zipline, 4WD Tours, Hotel and Cabin Rentals, Indian Hot Springs, Minutes to ski resorts, Red Rocks Amphitheater, St Mary’s Glacier, Denver, Georgetown, Multi Casinos. A growing town with the new development of the Argo Mine, which is expected to be one of the finest vacation destinations in Colorado. The development will include An Observation Trestle, an Amphitheatre, Shops, Restaurants, a Hotel, Nature Trails, and a Greenway Mountain Biking Trail which will connect Summit County through Idaho Springs to Golden Colorado. Street frontage in front and the back with a drive-thru driveway. Residential home on property and an additional dwelling unit, to rent. The rental of the home and ADU could finance the commercial building. Gas radiant and pellet stove heat.
One of the hottest lots in all of Colorado. Historic Idaho Springs is a booming hot spot. Over 22 million cars go by annually with people looking to get out of the big city. 2752 Miner Street the adjacent property is available as well and the seller would prefer to sell both properties together, MLS #3486058. Highest and best use would probably be multi-family or mix use with retail. Across the street from the huge Argo development site which will include: pedestrian plazas, viewing decks, an observation trestle, an amphitheater, a nature trail and mountain bike trail system. Steps away is beautiful Clear Creek and two new walking bridges. Adjacent to the new Clear Creek Greenway bike path which will connect Summit county through Idaho Springs to Golden Colorado. This property is just off of the first Idaho Springs exit on the main drag through town. Starbucks, McDonalds, Subway & Carls Jr. corporations like this location as their establishments are just 2 blocks down on the same street. Only 1/2 hr. to the Denver Metro area. Blocks to the historic district with fun shops, bistros and brewpubs. Two ski areas within 1/2 hr. 5 more world class ski areas are only 1 1/2 hrs away. 1 Hr. to Denver airport. Historic Georgetown and the world famous Georgetown Loop Railroad are only 15 minutes up the road. Multiple Casinos are just 10 miles down the road. Street frontage in front and in the back(ideal drive-thru or rear parking). New city infrastructure including gas, water, sewer, sidewalks and pavement on Colorado Blvd. Upgraded water and sewer line on property. Currently there is an old hotel and two homes on this combined .7 acre lot. On the adjacent lot there is a home and a garage. You can collect rent from 2-3 rental units, 1-2 garages and storage units while waiting to develop the property.
The median home value in Idaho Springs, CO is $480,000. This is lower than the county median home value of $556,300. The national median home value is $338,100. The average price of homes sold in Idaho Springs, CO is $480,000. Approximately 57.48% of Idaho Springs homes are owned, compared to 34.72% rented, while 7.8% are vacant. Idaho Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Idaho Springs real estate agent to arrange a tour today!
Idaho Springs, Colorado has a population of 2,044. Idaho Springs is more family-centric than the surrounding county with 29.66% of the households containing married families with children. The county average for households married with children is 27.17%.
The median household income in Idaho Springs, Colorado is $63,040. The median household income for the surrounding county is $76,313 compared to the national median of $69,021. The median age of people living in Idaho Springs is 40.5 years.
The average high temperature in July is 70.3 degrees, with an average low temperature in January of 12.4 degrees. The average rainfall is approximately 25.2 inches per year, with 180.9 inches of snow per year.