Paonia, CO 81428,304/308 Niagara AVE
See all 37 photos
Paonia, CO 81428,304/308 Niagara AVE
Paonia, CO 81428,304/308 Niagara AVE
Paonia, CO 81428,304/308 Niagara AVE
Paonia, CO 81428,304/308 Niagara AVE

$914,217

Est. payment /mo

$1,100,000

16.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

304/308 Niagara AVE Paonia, CO 81428

8,848 SqFt

SOLD DATE : 12/27/2021

Key Details

Sold Price $914,217

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 8,848 sqft

Price per Sqft $103

Subdivision See Remarks

MLS Listing ID 1003850

Sold Date 12/27/21

HOA Y/N No

Originating Board Vail Multi-List Service

Year Built 1959

Annual Tax Amount $12,068

Tax Year 2019

Lot Size 0.575 Acres

Acres 0.57

Property Sub-Type Hotel-Motel

Property Description

PRICE IMPROVEMENT! Peaceful Oasis Boutique Hotel In the Heart of Paonia, CO! Due to COVID, the Inn was closed much of 2020 and 2021. During this time, the seller invested over $20k in upgrading the owner's apartment, and has incurred costs for deep cleaning the units, tree trimming, landscaping, general maintenance. Property is positioned and ready to take advantage of the anticipated post-COVID spike in travel... The eclectic Town of Paonia is a quaint destination in the heart of Colorado's sustainable orchard and agricultural area. Enjoy world-class fishing, hiking, biking, rafting, hunting, wineries, a local brewery, organic farms and wilderness exploring. The Town of Paonia flows with cultural arts and entertainment.

The Inn would be an ideal lifestyle for an Innkeeper or as a great investment. Five buildings on over 1/2-acre. Bldgs total over 8,200sf, plus a 648sf garage & attached storage. The hotel is 16 rooms, ranging from 217sf to 547sf: 21 beds, 16 baths...4 rooms are standard efficiency rooms; 5 multi-bed rooms each w/ 2 beds & half or full kitchens; 6 custom studio apartments & full kitchen (5 queens, 1 king); 4 rooms are standard efficiency rooms; 5 multi-bed rooms each w/ 2 beds & half or full kitchens; 6 custom studio apartments & full kitchen (5 queens, 1 king).

Location

State CO

County Delta

Community See Remarks

Zoning Commercial

Interior

Heating Baseboard, Electric, Natural Gas, Radiant Floor

Exterior

Parking Features Parking Lot

Garage Spaces 1.0

Garage Description 1.0

Utilities Available Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Trash, Water Available

Roof Type Metal

Building

Foundation Block

Lot Size Range 0.57

Sewer Sewer Connected

Others

Tax ID 324506111003

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Vail Multi List (VBRMLS)
Listed by Keller Williams Mtn Properties- Edwards
agent

Emily Ferguson

Advisor | License ID: IA.100081550

+1(303) 921-7010

GET MORE INFORMATION

Name
Phone*
Message