Durango, CO 81301,2930 Main Avenue
Durango, CO 81301,2930 Main Avenue
Durango, CO 81301,2930 Main Avenue
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The Blackmore Group

The Blackmore Group

+1(970) 444-2431
$5,895,000
Est. payment /mo
17,951 SqFt
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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 17,951 sqft

Price per Sqft $328

MLS Listing ID 825545

Year Built 1983

Tax Year 2025

Lot Size 0.730 Acres

Acres 0.73

Property Sub-Type Hotel/Motel

Property Description

Exceptional Investment Opportunity in Durango, CO, a thriving tourist hub, a college town, and a growing economic center—all factors that contribute to its robust hospitality sector. Conveniently located on the US Highway 550, this property is perfectly positioned to cater to both travelers and locals. The address takes advantage of the high-traffic North Main corridor—just minutes from historic downtown, Fort Lewis College, the Durango & Silverton Narrow Gauge Railroad, and Purgatory Ski/Bike Resort. The facility has enjoyed recent capital improvements and updated guest accommodations, making it an ideal candidate for continued hospitality use or conversion into apartment living. The growing demand for residential housing in Durango, coupled with this property's two separately deeded parcels and excellent location, makes it a promising option for redevelopment into much needed affordable housing. The Quality Inn offers strong brand recognition, consistent performance, and a prime location. Backed by the powerful Choice Hotels reservation system, marketing network, and guest loyalty program, this franchise hotel benefits from built-in demand and brand support. This well-established, franchise-branded hotel in the heart of one of Colorado's most beloved year-round destinations. This turnkey hospitality asset features 48 guest rooms with recent updates and modern conveniences. The guest rooms are composed of 28- two queens; 7- single queens; 13- single kings (one ADA compliant). In addition, there is a 1-bedroom apartment offering flexibility for additional income or on-site manager quarters. Recent updates include new roofs on all three building; new deck canopy on porte-cochère; exterior paint; new walkway landings on all three buildings; camera system; community washer and dryer; new commercial kitchen; remodeled and updated spaces including the lobby, office, breakfast area, guest rooms, and apartment. This well-maintained property with amenities including complimentary breakfast area, guest laundry, WiFi access system throughout the property, and on-site parking. Strong occupancy history and operational efficiencies. The property is located along the North Main corridor with easy access to numerous restaurants and the Durango river trail. Whether you're an experienced hotel operator or looking to expand your portfolio in a dynamic market, this Quality Inn offers immediate income with long-term growth potential. Out of respect for the business and its employees, please refrain from contacting or disturbing hotel staff for information about this listing. All inquiries should be directed to the agents.

Location

State CO

County La Plata

Interior

Flooring Carpet, Laminate, Tile

Equipment Yes

Furnishings Furnished

Exterior

Parking Features Paved, 20 + Total Spaces

Garage Spaces 50.0

Utilities Available Electric, Natural Gas, Phone, Water

Roof Type Membrane

Building

Story 2

Water Public

New Construction No

Others

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Colorado Real Estate Network (CREN) + Sold
Listed by The Wells Group of Durango, LLC

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2930 Main Avenue

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The Blackmore Group

+1(970) 444-2431

ashley@ashleyblackmorehomes.com

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