132 Colorado Ordway ( Colorado, US - 81063) Built


Norm Murphy & Associates, Inc.

Norm Murphy & Associates, Inc. Norm Murphy & Associates, Inc. 719-384-5551 (Office) Request More Info

  • Type: Commercial
  • Style: Single Story
  • Size: 8,851 sq. ft.
  • Development Level: Built
  • Lot Type: Irregular
  • Lot Size: 21780 sq. ft.
  • Year Built: 1915
  • Taxes: $2,507.62 (2017)
  • MLS #: 174367


Diversified income property featuring a hotel, a restaurant, and 4 rental properties. Located in the downtown business district and across from the city park, Hotel Ordway is a 2 1/2-story brick building featuring 17 fully furnished rooms, a remodeled two bedroom living quarters with private patio area, and an unfinished 3rd floor awaiting renovation opportunities. The fully equipped restaurant, which is currently tenant occupied and is conveniently located next door to the hotel, features a full kitchen with walk-in cooler, dining area, and restrooms. Two single family homes and a duplex, all of which are currently tenant occupied and located adjacent to the hotel and restaurant, provide an additional revenue stream. Let's not forget about the two 3-car detached garages, the numerous system upgrades, and the fact this property is a turn-key opportunity. The property is being offered in it's entirety or could be split into smaller purchases - Option #1 - hotel and duplex for $350,000; Option #2 - Restaurant, restaurant equipment, 2 houses, and garage for $145,000. So much more to tell about this property - call for specifics. Buyer to verify with the City of Ordway their intended uses and zoning. Call Tina to see!



Exterior Finish

  • Brick


  • Asphalt
  • Composition


  • Central Air


  • Forced Air
  • Natural Gas

Sewer/Water Systems

  • Public
Information is deemed to be correct but not guaranteed.