Durango Lodge

150 5th Street
Durango, CO, 81301
39 Units
Asking Price: $3,200,000
Sold Price: $3,200,000

 

About This Property

Year Built: 1966
SQ FT: 23,115
Price per SQ FT: $138.44
40-Car Parking Lot

The Durango Lodge has been part of the Durango hospitality scene for over 55 years. Located in the heart of downtown Durango, this exceptionally clean and well maintained property has one of the best locations in downtown. The property has been in the same family since it was constructed and the pride of ownership shows. 40 parking spaces, 39 units with full baths, and a manager’s apartment with a full bath are located in the lodging/housing side. In addition, there is an office/reception area, and a saltwater swimming pool and enclosed hot tub area that complements the property. The heating system has been converted to a 4 pipe system allowing both heating and cooling on demand to each room. There is an onsite laundry room which assists in the costs of laundry, and the carpeting, furniture, bedding and televisions are all in very good condition. This hotel property is ready for the next owners to carry on the delivery of quality, clean and comfortable lodging for decades to come. The lodge has a very nice website.

MLS Source Origin: Colorado Real Estate Network (CREN)
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. More info

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Logan Austin is a Realtor® with Keller Williams Realty Southwest Associates, LLC.

[email protected]
(970) 759-4044