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104 S 2nd StKremmling, CO 80459

Kremmling · Grand County

$995,000List price
13,220Sq Ft
1906Year built
0.16Acre lot
12 days agoOn market

Description

Turn key operation, management in place currently listed at $81.00 sq ft and 18% CAP Rate. The Eastin Extended Stay Hotel offers strong rental history, driven by diligent housekeeping, comfortable bedding, and flexible nightly/extended stays meeting growing workforce housing demand. Located on historic Highway 40 on Kremmling's town square, it's within an hour of 8 Colorado ski resorts, ideal for skiing, snowmobiling, hiking, fishing, biking, ATVing, and rafting. With a ~4.5-star rating and 40-50% year-round occupancy, there's significant upside. Two commercial units on Highway 40 add entrepreneurial potential; one (owner's rent-free clothing business) could add $18,000 in annual cash flow if leased.

Property Information

Property type
Commercial Sale
Sub-type
Retail
Year built
1906
Building area
13,220 Sq Ft
Lot size
0.16 acres
Zoning
AA7
Days on market
12
MLS® Listing#
1069616

Property Features

Cooling
Ceiling Fan(s)
Heating
Forced Air
Basement
Partial
Lot features
Corner Lot · Paved
Construction
Concrete
Roof
Foam
Security
Fire Alarm
Utilities
Natural Gas Available · Electricity Available
Sewer
Public Sewer
Water source
Public

Schools

Elementary
West Grand
High
West Grand

Financial Details

HOA
None
Annual taxes
$13,159Tax year 2026
Parcel number
R020260

Directions

Hwy 40 to Property

Documents & links

Provided by Rebecca Guthrie

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