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$1,335,000
97 Days Online

1460 E Chestnut St
Sterling, CO 80751

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
9,376
SqFt
$142
/SqFt
1973
Built
Subdivision:
Abba Rep
County:
Logan

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1460 E Chestnut St1460 E Chestnut St1460 E Chestnut St1460 E Chestnut St
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TWO properties (1st Interstate Inn and Free Standing Restaurant) are for sale on a 2.42-acre lot. One is a 30-room hotel ( 1460 E Chestnut), and the other is a 1,960-square-foot free-standing restaurant (1472 E Chestnut). Both properties are in an excellent location, right off HWY 76. The hotel offers 30 SPACIOUS guest rooms(22 -two beds, 8 -1 beds), guest coin laundry ( could be used for gas station users/ travelers), and a 1-manager suite/apartment. It provides ample parking, a relaxing and quiet setting by the creek, and a vaulted ceiling in each room. Newly updated with a new roof, new gutter, new flooring, added a sink and a stove in 18 rooms, new paint, and new water heaters. The restaurant can be leased. Owner financing opportunity!!! The Motel was updated for easy management. Owner/user can increase the revenue. Manger operated business for over 5 years. Excellent for development such as a franchise hotel, multifamily, multi-tenant retail building, etc. Investors may have tax credits since this is in Opportunity and Enterprise Zone!!! Must see! Call for showings!

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Listing Snapshot
Price 
$1,335,000
Days Online 
97 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,376 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.82 Acres
Year Built 
1973
MLS® Number 
1007098
Status 
Active
Property Tax 
$8,013
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen online
General Features
Basement 
None
Acreage 
1.82
Property Sub Type 
Industrial
Zoning 
Commercial
Construction 
Wood/Frame
Tenant Pays 
Deposit
Buyer Agent Compensation 
2.50 %
Interior Features
Cooling 
Window Unit(s)
Heating 
Wall Furnace
Window Features 
Double Pane Windows
Basement Foundation 
None
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Exterior Features
Roof 
Composition
Waterfront Property 
No
Waterfront Features 
Abuts Stream/ Creek/ River
Lot 
Level
Road Frontage 
City Street
Waterfront 
No
Community Features
Senior Community 
No
MLS Area 
Logan
Accessibility Features 
Level Lot
Listing courtesy of RE/MAX Alliance-FTC South 9702263990


Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Information source: Information and Real Estate Services, LLC. Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided for limited non-commercial use only under IRES Rules © Copyright IRES. Digital Millenium Copyright Act

Data last updated at 2024-07-20 02:40 AM MST.

Neighborhood & Commute
Source: Walkscore
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