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1702 E Main Street

Montrose, CO 81401
  • $3,850,000
  • STATUS: Active
  • ON SITE: 253 Days
  • MLS #: 20253028
$3,850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Rare Investment Opportunity: Lodging & RV Park – Montrose, CO Diversified Hospitality Asset in a Booming Colorado Destination This is your chance to acquire a turnkey, multi-faceted hospitality portfolio in the heart of one of Colorado’s most scenic & rapidly expanding markets—Montrose. This rare investment opportunity combines: • A 58-key lodging property • A fully equipped 23-spot RV park (Will be delivered Entitled – ready to build) Lodging Property Highlights: • Size: 32,866 SF | Acreage: 3.25 Acres • 58 exterior corridor rooms • Strong performance: $1.1M Yearly Revenue With 40% NOI & 74% yearly occupancy • Attractive basis: Priced at only $60,000 per key + $475,000 RV Park Land • Recent capital improvements of $300,000+, including: o New PTAC units (17 Rooms) o Foundation & structural upgrades o Framing, plumbing, & new paint o New exterior paint o Modernized guest amenities: o Renovated lobby with indoor/outdoor seating o Business center & fitness room o Restrooms with showers o Flexible branding: keep or remove Wyndham flag RV Park Features (ONCE BUILT): • 23 dedicated RV spots with individual hookups • Shared access to top-tier guest amenities: - (Club House - Already Built) • Lounge area • Laundry room • Fitness center • Restrooms & showers • Indoor/outdoor dining area • Stabilized projected NOI: $125,000 – $150,000 annually • Strategically positioned to attract seasonal travelers, RV nomads, & adventure tourists • RV park permitted use will be complete 04/30/26. City is in the process of upgrading sewer line. RV park cannot tie into the sewer line until November 2027. ________________________________________ Location Advantages: • Minutes from Montrose Regional Airport – Direct Flights From Denver, DFW • Easy drive to Telluride, Silverton, Ridgway, Ouray, & the Black Canyon of the Gunnison • A growing base of year-round tourism, hunting, national park visitors, & outdoor adventure travelers ________________________________________ Investment Summary: Component Key Metrics Lodging Property 58 rooms Offered at $3,975,000 RV Park 22 spots, projected income $125,000 $150,000k Total Acreage: 3.82 Acres (combined) Branding Option Franchise (Wyndham) or Go Independent with low Liquidated Damage ________________________________________ Why Invest Now? • Peak tourism season approaching • Value-add NOI upside projected $125,000-$150,000k yearly • High-demand hospitality submarket with growing regional traffic • Diversified revenue streams from rooms

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© 2026 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. Data last updated 2026-03-07T00:15:19.507 UTC.

www.westerncoloradodistinctiveproperties.com/homes/165329887
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1702 E Main Street Montrose, CO 81401

  • Price: $3,850,000
  • Status: Active
  • On Site: 253 Days
  • MLS #: 20253028
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Montrose City
County:
Montrose
Area:
Montrose City
Property Description
Rare Investment Opportunity: Lodging & RV Park – Montrose, CO Diversified Hospitality Asset in a Booming Colorado Destination This is your chance to acquire a turnkey, multi-faceted hospitality portfolio in the heart of one of Colorado’s most scenic & rapidly expanding markets—Montrose. This rare investment opportunity combines: • A 58-key lodging property • A fully equipped 23-spot RV park (Will be delivered Entitled – ready to build) Lodging Property Highlights: • Size: 32,866 SF | Acreage: 3.25 Acres • 58 exterior corridor rooms • Strong performance: $1.1M Yearly Revenue With 40% NOI & 74% yearly occupancy • Attractive basis: Priced at only $60,000 per key + $475,000 RV Park Land • Recent capital improvements of $300,000+, including: o New PTAC units (17 Rooms) o Foundation & structural upgrades o Framing, plumbing, & new paint o New exterior paint o Modernized guest amenities: o Renovated lobby with indoor/outdoor seating o Business center & fitness room o Restrooms with showers o Flexible branding: keep or remove Wyndham flag RV Park Features (ONCE BUILT): • 23 dedicated RV spots with individual hookups • Shared access to top-tier guest amenities: - (Club House - Already Built) • Lounge area • Laundry room • Fitness center • Restrooms & showers • Indoor/outdoor dining area • Stabilized projected NOI: $125,000 – $150,000 annually • Strategically positioned to attract seasonal travelers, RV nomads, & adventure tourists • RV park permitted use will be complete 04/30/26. City is in the process of upgrading sewer line. RV park cannot tie into the sewer line until November 2027. ________________________________________ Location Advantages: • Minutes from Montrose Regional Airport – Direct Flights From Denver, DFW • Easy drive to Telluride, Silverton, Ridgway, Ouray, & the Black Canyon of the Gunnison • A growing base of year-round tourism, hunting, national park visitors, & outdoor adventure travelers ________________________________________ Investment Summary: Component Key Metrics Lodging Property 58 rooms Offered at $3,975,000 RV Park 22 spots, projected income $125,000 $150,000k Total Acreage: 3.82 Acres (combined) Branding Option Franchise (Wyndham) or Go Independent with low Liquidated Damage ________________________________________ Why Invest Now? • Peak tourism season approaching • Value-add NOI upside projected $125,000-$150,000k yearly • High-demand hospitality submarket with growing regional traffic • Diversified revenue streams from rooms
Exterior Features

Lot Features Irregular Lot Lot Size Dimensions Irregular

Property Features

Possible Use Hotel / Motel Property Sub Type Building Tax Annual Amount 26504.58 Zoning Description B-2

Listing courtesy of Katie Davis of BRAY/COMMERCIAL: 970-241-2909.
© 2026 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. Data last updated 2026-03-07T00:15:19.507 UTC.

 
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Coldwell Banker Distinctive Properties
2499 US Highway 6 & 50
Grand Junction CO, 81505