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    304/308 Niagara Avenue

    Paonia, CO 81428
    • $1,100,000
    • STATUS: Active
    • ON SITE: 151 days
    • MLS #: 1002280
    UPDATED: 20 min ago
    $1,100,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,848
      SQFT
    • $124
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:

    School Ratings & Info

    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).

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    © 2021 Vail Multi List, Inc. (VMLS). The information displayed herein was derived from sources believed to be accurate, but has not been verified by VMLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers’ personal, noncommercial use. Any republication or reproduction of the information herein without the express permission of the VMLS is strictly prohibited. Real estate listings belonging to brokerage firms other than RE/MAX Elevate Vail Valley are marked with the IDX logo or icon. The detailed information about them includes the listing brokers name. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Elevate Vail Valley. Data last updated: 2021-08-03T12:11:42.293.
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    304/308 Niagara Avenue Paonia, CO 81428

    • Price: $1,100,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 1002280
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    8,848
    SQFT
    $124
    $/SQFT
    1959
    Built
    Neighborhood:
    See Remarks
    County:
    Delta
    Area:
    Out Of County Proper
    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).
    Exterior Features

    Construction Frame Foundation Block Number Of Levelsin Unit 1 Parking Parking Lot Roof Metal

    Interior Features

    Air Conditioning Yes Entry Location 1 Freight Elevator No Heating BaseboardElectricNatural GasRadiant Floor Passenger Elevator No

    Property Features

    Association YN No Current Tax Amount 12068.00 Current Tax Year 2019 Development Status Completed Ground Lease No Mineral Rights No Possession Delivery Of Deed Property Subtype Hotel-Motel Utilities Available Electricity AvailableNatural Gas AvailablePhone AvailableSatelliteSewer AvailableTrashWater Available Water Rights No Zoning Code Commercial

    Listing courtesy of: Keller Williams Mtn Properties- Edwards. Copyright ©2021 Vail Multi List, Inc. (VMLS). The information displayed herein was derived from sources believed to be accurate, but has not been verified by VMLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers’ personal, noncommercial use. Any republication or reproduction of the information herein without the express permission of the VMLS is strictly prohibited.


    © 2021 Vail Multi List, Inc. (VMLS). The information displayed herein was derived from sources believed to be accurate, but has not been verified by VMLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers’ personal, noncommercial use. Any republication or reproduction of the information herein without the express permission of the VMLS is strictly prohibited. Real estate listings belonging to brokerage firms other than RE/MAX Elevate Vail Valley are marked with the IDX logo or icon. The detailed information about them includes the listing brokers name. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Elevate Vail Valley. Data last updated: 2021-08-03T12:11:42.293.
     
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    Edwards CO, 81632