TWO well established motels located in Akron along and just off of Hwy 34! This is an excellent investment opportunity or potential to live and work in the same building. 625 E 1st Street built in 1959 consists of 13 rooms (9 Doubles and 4 Singles), private manager's residence, motel office and conference/meeting room that can be rented out for additional income. 60 Hickory Ave built in 1980 has 17 rooms (4 Doubles and 13 Singles), 2 bedroom private residence, private office area and an amazing conference area. The conference area includes a conference room with a private kitchen, game area and childcare room. This area is great to rent out for parties, family gatherings, graduations, etc. 1st Street is 5916 sqft on 1.18 acres. Hickory Avenue is 12,000 sqft with an additional 1600 sqft shop and storage shed sitting on 2.21 acres. Both motels provide guest laundry facility and separate housekeeping/laundry area. Must see to fully appreciate the potential of these amazing properties.
625 1st (MLS #1010767) is a commercial listing located in Akron, CO.
This commercial listing is on a lot of 147,668 sqft (or 3.39 acres) and is 65 years old. This property was listed on 05/30/2024 and has been priced for sale at $1,600,000.
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Listing information courtesy of: Platte River Realty LLC