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Heritage Inn 3301 W Service Rd 73 Room Hotel Evans, CO 80620 $7,000,000 ($95,890/Room)

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INVESTMENT HIGHLIGHTS

  • Prime location/7.84 acre lot with excellent visibility in a fast growing area.
  • Situated in Opportunity Zone.
  • The lot can be divided for different development opportunities.
  • Right off of HWY 85 and HWY 34.
  • Well built building with 73 guest rooms, event center, restaurant, business center and more.

EXECUTIVE SUMMARY

7.84-acre site located right off of HWY 85 and HWY 34! - Prime location in a rapidly growing area. The lot can be divided to open up more opportunities.
This existing 73-room indoor corridor hotel is situated on 7.84 acres, adjacent to a new McDonald's and retail center surrounded by ongoing development and established users. This well-built property features a large lobby with a two-story-high, attractive ceiling, a restaurant with an elevator that requires repair, and a spacious event center. It also has a full basement with a high ceiling and could be used as a car garage.
This can be converted into a rehabilitation center, an assisted living facility, a multifamily building, or restored to its original glory as a hotel. The potential is endless. Showings will be done discreetly by appointment only.

PROPERTY FACTS

Price $7,000,000
Price Per Room $95,890
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 7.84 AC
Building Size 48,121 SF
No. Rooms 73
No. Stories 2
Year Built 1964
Parking Ratio 2.08/1,000 SF
Corridor Interior
Opportunity Zone Yes
Zoning PUD, Evans - Commercial Opportunity Zone

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 16 $89.00 -
Guest Room 57 $44.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R3882086
Land Assessment
$460,600
Improvements Assessment
$826,860
Total Assessment
$1,287,460
  • Listing ID: 35414464

  • Date on Market: 4/8/2025

  • Last Updated:

  • Address: 3301 W Service Rd, Evans, CO 80620

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