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Wagon Wheel Restaurant & Motel 10900 Hwy 65 9 Room Hotel Mesa, CO 81643 $1,500,000 ($166,667/Room)
Investment Highlights
- Restaurant, Bar, Motel and 4-Plex For Sale in Colorado
- Colorado Investment Property For Sale
- Income Property available Western Slope of Colorado
- Business Opportunity with Owner Carry Available in Colorado
- Commercial Investment Opportunity in Colorado
Executive Summary
Established Western Colorado commercial property where hospitality, recreation, and year-round tourism come together along Highway 65, the scenic byway to the Grand Mesa- known as the world's largest flattop mountain. The Wagon Wheel Restaurant is located in the small, unincorporated community of Mesa. This multi-business investment opportunity offers proven income potential with a motel, restaurant, lounge, laundromat, and newer ling with 4 rental units. Travelers, outdoor enthusiasts, hunters, skiers, and local patrons are welcomed by Western décor, friendly service, relaxing gathering spaces, comfortable overnight accommodations, and convenient amenities in a high-visibility location with all-season traffic. EE rrmscss and paved lane access create ease for guests, tenants, and customers. Mountain views and nearby recreation add to the appeal of this established commercial destination. The laundromat adds additional service and income potential. The newer apartment building with four units expands long-term rental opportunities in an area with limited housing inventory. Mesa is a small mountain community offering local services including a community center, churches, market, convenience store with campground, medical clinic, fire department, post office, salon, liquor store, and re A Located minutes from Powderhorn Mountain Resort recreation, hunting units, and public lands, this Colorado commercial property attracts visitors throughout every season. Convenient access along the Highway 65 corridor leads to nearby communities and I-70 corridor connecting to Grand Junction, the Western Slope's largest hub for shopping, regional airport access, medical services, and business support. Don’t miss this rare opportunity to purchase a long-standing hospitality and income- producing commercial property in the heart of Colorado mountain recreation country with multiple revenue streams and established Western Slope visibility. Owner financing will be considered.
Property Facts
| Price | $1,500,000 | Building Size | 10,066 SF |
| Price Per Room | $166,667 | No. Rooms | 9 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1981/2000 |
| Property Subtype | Hotel | Parking Ratio | 2.58/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.41 AC | Opportunity Zone |
Yes
|
| Price | $1,500,000 |
| Price Per Room | $166,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 10,066 SF |
| No. Rooms | 9 |
| No. Stories | 1 |
| Year Built/Renovated | 1981/2000 |
| Parking Ratio | 2.58/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- Restaurant
- On-Site Retail
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 9 | $150.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 2713-292-00-021 | Improvements Assessment | $220,710 |
| Land Assessment | $14,470 | Total Assessment | $235,180 |
Property Taxes
Parcel Number
2713-292-00-021
Land Assessment
$14,470
Improvements Assessment
$220,710
Total Assessment
$235,180
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Wagon Wheel Restaurant & Motel | 10900 Hwy 65
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