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Ridgeview Motel Redevelopment Opportunity 3501 W Colorado Ave 12 Room Hotel Colorado Springs, CO 80904 $689,995 ($57,500/Room)

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INVESTMENT HIGHLIGHTS

Current Structure: 10 units (9 motel rooms + 1 single-family home)
Redevelopment Potential: Zoned C5, allowing for multiple investment strategies

Prime Location: West Colorado Springs, near top attractions & amenities

EXECUTIVE SUMMARY

The Lana Rodriguez Group Powered By REAL is pleased to present an exceptional redevelopment opportunity at 3501 W Colorado Ave, Colorado Springs, CO. Located on the highly desirable west side, just minutes from Garden of the Gods, this property offers unparalleled potential for the right investor.
Property Highlights:
Current Structure: 10 units (9 motel rooms + 1 single-family home)
Prime Location: West Colorado Springs, near top attractions & amenities
Redevelopment Potential: Zoned C5, allowing for multiple investment strategies
Ready for Transformation: Interiors already demoed with some plumbing rough-ins complete
Investment Potential: Whether you choose to renovate the existing structures or redevelop from the ground up, this property offers limitless potential to capitalize on a growing market.

PROPERTY FACTS

Price	$689,995	Building Size	3,760 SF
Price Per Room	$57,500	No. Rooms	12
Sale Type	Investment	No. Stories	1
Sale Condition	Redevelopment Project	Year Built	1946
Property Type	Hospitality	Tenancy	Single
Property Subtype	Hotel	Parking Ratio	2.66/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	0.45 AC
Zoning	C-5

Price	$689,995
Price Per Room	$57,500
Sale Type	Investment
Sale Condition	Redevelopment Project
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.45 AC
Building Size	3,760 SF
No. Rooms	12
No. Stories	1
Year Built	1946
Tenancy	Single
Parking Ratio	2.66/1,000 SF
Corridor	Exterior
Zoning	C-5