United StatesColoradoGunnison212 E Tomichi Avenue

212 E Tomichi Avenue
212 E Tomichi Avenue Gunnison, Colorado 81230 United States

$1,999,950
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Priced at $2.3 million dollars with a gross annual income of over $250,000 and potential for more! Great investment opportunity in the Gunnison Central Business District on US Highway 50. ABC Suites has been run as a hotel for many years and...

Listing Courtesy of TAVA Real Estate

Listing Courtesy of TAVA Real Estate
$1,999,950
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9
Full Baths
9
Partial Baths
10,418 Sq Ft.
Interior
.36 Acres
Exterior
Commercial
Property type
1949
Year Built
779444
Web Id
779444
MLS ID
139
days ago

About 212 E Tomichi Avenue

Priced at $2.3 million dollars with a gross annual income of over $250,000 and potential for more! Great investment opportunity in the Gunnison Central Business District on US Highway 50. ABC Suites has been run as a hotel for many years and recently changed to long terms stays. There are 28 different size units: Queen bed, King bed, Double Queen beds, Three double bed unit and 2 apartments (one with 2BR, 2bath and the other with 2BR/1 bath). All units are fully furnished including small refrigerators, microwaves and coffee makers. Large off street asphalt parking lot. Location: Beautiful sunny southern views from all units, just 1.5 blocks from downtown Main Street, restaurants, shops, a few blocks from Western Colorado University and Gunnison Valley Hospital, less than 1 mile away from the airport, and 20-minute drive to Crested Butte ski resort or take a free bus 2 blocks away. Updates since purchased in 2018: Tenant laundry facility with coin operated machines Communal kitchen with dining facility Outdoor BBQ area Lobby - updated to accommodate various uses Plumbing - Installed a backflow water valve to be in compliance with City regulations. Future growth: Zoned in IRS Opportunity and Colorado Enterprise Zone, the Central Business District allows for mixed used, residential and commercial. Items Included: - All units furnishings - Main laundry facility commercial machines - Tenants laundry facility coin operated machines - All bedding and towels use for hotel set up - All appliances and furniture in communal kitchen - Picnic area BBQ pits, table, umbrella and chairs

Listing Courtesy of TAVA Real Estate, CREN MLS

Amenities

  • A/C
  • Carpet

features

Parking
Off Street Available
lot description
Public Transportation

PROPERTY INFORMATION

Cooling
Window A/C Unit(s)
Heating
Natural Gas
Parking Description
20 + Total Spaces, Off Street, Paved
Sewer
Public Sewer Installed

EXTERIOR

Roofing
Metal

INTERIOR

Flooring
Carpet, Vinyl

ADDITIONAL INFORMATION

Number of Units
28
Listing Courtesy of TAVA Real Estate

Listing Courtesy of TAVA Real Estate

Listing Courtesy of TAVA Real Estate

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