6848 County Road 140, Westcliffe, CO 81252

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
7288240
Subtype
Income
Year Built
1964
Lot Size
103,237
Acres
2.37
Subdivision
Alpine Ranch Acres
Neighborhood
Alpine Ranch Acres

Property Description

Unlock the potential of this one-of-a-kind property offering multiple income streams on 2.37 acres. Whether you're an investor looking to expand your portfolio or an entrepreneur ready to bring a hospitality business back to life, this property is packed with opportunity. The property features five beautifully remodeled, fully furnished cabins, each thoughtfully updated and offering 1 or 2 bedrooms, 1 bathroom, a kitchen, and comfortable living area. Continue operating them as short-term vacation rentals, use them for long-term rentals, employee housing, or create your own unique lodging experience. The approximately 3,700-square-foot main building, formerly operated as a restaurant, is ready for its next chapter. Inside you'll find a commercial kitchen, full bar area, spacious dining room, and ample seating, while the expansive deck provides additional space for outdoor dining, live music, or special events. Attached to the restaurant is a private 2-bedroom, 1-bath owner's residence with a loft, offering the convenience of living on-site or generating even more rental income. Additional improvements include a 24x36 shop, commercial well and septic system, and extensive electrical upgrades completed throughout the property. The list of renovations and updates is extensive, providing peace of mind for the next owner. With established infrastructure already in place and countless possibilities for future use, this rare property is ideal for a boutique lodge, restaurant, event venue, retreat center, workforce housing, or a combination of ventures. Properties offering this level of flexibility, infrastructure, and income potential are increasingly difficult to find. Schedule your private showing today and explore everything this exceptional investment has to offer.

Additional Information

Taxes
$5,522
Heating
Electric, Forced Air
Air Conditioning
None
Elementary School
Custer County

Courtesy of Homesmart Preferred Realty .

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