Del Norte, CO 81132,14475 US Highway 160

$695,000

Est. payment /mo

$695,000

Est.Price: ?

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14475 US Highway 160 Del Norte, CO 81132

4 Baths

3,990 SqFt

SOLD DATE : 01/04/2023

Key Details

Sold Price $695,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 3,990 sqft

Price per Sqft $174

MLS Listing ID 770529

Sold Date 01/04/23

Full Baths 4

Year Built 1939

Tax Year 2019

Lot Size 0.470 Acres

Acres 0.47

Property Description

The Organic Peddler Casita Bonita Inn is located on the west side of Del Norte, Colorado on Hwy 160 giving it excellent visibility. .47 Acres +/- Almost 3 full lots. Original construction began in approx. 1939. There are a total of 4 great rental units on the property with a small historic log cabin that could be remodeled to create a fifth unit. The property has been renovated by the current owners. UNIT 1. “The Bottle House” is a gorgeous cordwood and bottle rental with a cement tile roof and a lovely loft. It also has a sweet private courtyard with a very cool truck bar. The Bottle House is approximately1000 square feet and has all the comforts of Home including a washer and dryer. This unit rents out for 1595. per month. The current renters lease is up on 04-14-2023. UNIT 2. “The Adobe Grande” is a beautifully restored (You guessed it ;-) Adobe building adjacent to the bottle house. The 14-inch-thick walls downstairs with their double pained windows make this a cozy, quite home. It has a fabulous wet bar and wood stove in the living room, A roomy master bedroom, large kitchen and a sweet sunroom with a washer and dryer. The upstairs has a sweet office space and a very large bedroom with tons of great storage. This rental has a nice front yard all to itself. This unit is approximately 1,600 square feet and rents for $1,495. at present. When this tenant leaves, the rent will raise to $1,595. UNIT 3. “The La Casita Bonita” is a charming 730 square foot adobe cottage. Although small it has a nice size kitchen, bedroom and a cozy living room with a full bath. 14-inch-thick walls with its double pained windows make this a cozy, peaceful cottage. There is a small, fenced yard. The La Casita Bonita is being rented at present for $1,250. per month. Rent to be increased to $1,395 per month. UNIT 4. “The Log Cabin” believed to be part of the original stagecoach stop is a 660 square foot Awesome, fully renovated turn of the century rustic yet beautiful comfy cabin. Tenants love its open floor plan! It has an inviting 128 square foot porch and a fairly new lovely red tin roof. The Log Cabin is currently rented for $1,395. per month. NOTE:  THIS PROPERTY IS TYPICALLY RENTED TO DOCTORS/NURSES WORKING AT THE RIO GRAND HOSPITAL, WHICH IS WITHIN WALKING DISTANCE OF THE PROPERTY (LESS THAN 3 BLOCKS AWAY).

Location

State CO

County Rio Grande

Interior

Heating Natural Gas

Flooring Concrete, Tile, Vinyl, Wood

Furnishings Furnished

Exterior

Garage 2 per unit

Utilities Available Electric, Internet, Natural Gas, Phone

Waterfront No

Roof Type Metal

Building

Story 1

Foundation Slab

Sewer Public Sewer Installed

Water Public

New Construction No

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Colorado Real Estate Network (CREN) + Sold
Listed by Steffens and Company Realty, Inc

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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