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Victor Mall Hotel 400 W Victor Ave 5 Room Hotel Victor, CO 80860 $495,000 ($99,000/Room)
Investment Highlights
- Downtown Victor
- Historic area benefits
Executive Summary
Prime Mixed-Use Investment Opportunity in the Heart of Victor Located in the center of historic Victor, 400 Victor Ave offers a rare opportunity to acquire a sizable mixed-use property with long-term upside in a revitalizing mountain town known for gaming, tourism, and historic charm. The building encompasses approximately 6,216 sq ft and features a mixed-use layout with commercial space on the lower level and residential units above, providing flexibility for a variety of income strategies, including the potential for co-living or shared housing configurations subject to local requirements. Property Highlights: Mixed-use configuration Approximately 3,000 sq ft on the lower level Upstairs residential area with approximately 4 units Mechanical & Infrastructure Boiler updated approximately 4 years ago with hydrostatic heating Roof replaced 4–5 years ago Commercial-grade electrical with metal conduit and code-compliant wiring Basement (~300 sq ft) dedicated to boiler and utility systems Located within Victor’s Historic District Central downtown location with strong visibility Surrounded by ongoing public and private reinvestment Strong positioning within Victor’s walkable downtown core This property presents a compelling opportunity for an investor or developer seeking a historic mixed-use asset with scale, incentives, and long-term upside, with co-living and shared-housing strategies as a potential path to maximizing density and cash flow.
Historic & Incentive Upside:
Located within Victor’s Historic District
Access to multiple state and local grant programs, including:
Colorado historic rehabilitation funding (offered twice annually)
City of Victor incentives prioritizing facades and roofs
Potential exterior improvement grants, including funding for full building repaint
Downtown residential incentives offering up to $25,000 per door
Additional tax advantages tied to historic rehabilitation and Victor’s gaming-related revenue structure
Historic & Incentive Upside:
Located within Victor’s Historic District
Access to multiple state and local grant programs, including:
Colorado historic rehabilitation funding (offered twice annually)
City of Victor incentives prioritizing facades and roofs
Potential exterior improvement grants, including funding for full building repaint
Downtown residential incentives offering up to $25,000 per door
Additional tax advantages tied to historic rehabilitation and Victor’s gaming-related revenue structure
Property Facts
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 5 | $150.00 | - |
1 1
Property Taxes
| Parcel Number | R0000594 | Improvements Assessment | $42,876 |
| Land Assessment | $1,664 | Total Assessment | $44,540 |
Property Taxes
Parcel Number
R0000594
Land Assessment
$1,664
Improvements Assessment
$42,876
Total Assessment
$44,540
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Victor Mall Hotel | 400 W Victor Ave
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