Homes for sale - 3083-3303 Chicago Creek RD, Idaho Springs, CO 8045...

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Jacqueline Fazendin

jacqueline.fazendin@engelvoelkers.com +1(612) 481-1955

$ 8,000,000

Est. payment -/mo

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Active

3083-3303 Chicago Creek RD Idaho Springs, CO 80452

5.16 Acres Lot

UPDATED:

10/10/2024 11:03 PM

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4276851

HOA Y/N No

Originating Board recolorado

Year Built 1940

Annual Tax Amount $7,101

Tax Year 2023

Lot Size 5.160 Acres

Acres 5.16

Property Description

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 9 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. Lot 2 is able to be purchased by itself under MLS #4524911. Listing Broker is Owner.

Location

State CO

County Clear Creek

Zoning C-3

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Not Available, Phone Available, Propane, Sewer Connected

Roof Type Composition

Garage No

Building

Lot Description Borders National Forest, Near Ski Area

Sewer Public Sewer, Septic Tank

Water Public, Well

Structure Type Block,Frame,Stone

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Kelly Right Real Estate of Colorado • 303-534-5000

Jacqueline Fazendin

Advisor

+1(612) 481-1955

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