Motel: Commercial CO Real Estate in Cheyenne Wells
There is an interesting opportunity to own commercial CO real estate on US Route 40. Buy a 28-unit motel in the business district of Cheyenne Wells, Colorado. For the price of a single-family home elsewhere, you can own this country motel and owner’s residence.
Run it as a motel, a Bed and Breakfast, lodging with meals if you like to cook, offices. Or go all out and turn it into a memorable tourist attraction.
Details – Motel for Sale in Colorado
This friendly Cheyenne Wells motel sits on a 130’ x 280’ lot (0.836 acres). It features 28 rooms and 14688 square feet of living areas. Currently, the motel offers daily to monthly rates and options from full size rooms to efficiencies. Parts built in 1955 and 1980 have been updated. The building features new roofing and sewer lines and new flooring. Central cooling and window units, baseboard and radiant heating keep guests comfortable.
Owners or managers have use of a larger space. The 2000-square-foot residence features a stone wall fireplace, granite counter tops, and ample storage space.
Address: 500 Hwy 40, Cheyenne Wells, CO 80810
MLS#: 199665A
Price: $475,000
Cheyenne Wells and Cheyenne County, Colorado
The seat of Cheyenne County, Cheyenne Wells, Colorado is a friendly historic town of about 900 residents. Named for the Cheyenne who preserved water wells nearby, the community brings a distinct historic vibe. Area trails give us a sense of routes trod during the 1800s. All rural, Cheyenne County spans almost 2000 miles, and the population is only about 2000.
Travelers come in search of the unique landmarks in southeastern Colorado. For example, southwest of Cheyenne Wells, there’s the antipodal to an island in the Indian Ocean, Ile Saint-Paul. Also nearby is Ladder Creek Helium Plant, one of only 14 helium plants in the world.
Cheyenne Wells sits at 4,291 foot elevations. Summits include Agate Mond, Eureka Hill, Landsman Hill, and Twin Buttes. All fall between 4400 to 4700 feet. But one point of the county reaches a mile high.
Basins and creeks in Cheyenne County supply interesting terrain for hikers. Bellyache Basin, Big Timber, East and Middle Fork, Big Spring, Goose, Little Spring, Turtle, and Wild Horse to name a handful. Smoky Hill River drains into the Republican River in Kansas. Other creeks drain into the Arkansas River.
Note: US Route 40 is not to be confused with Interstate 40 that follows the iconic Route 66 on a more southern route across the USA.
Motel for Sale on US Route 40
This Cheyenne Wells motel for sale has seen a variety of travelers crisscrossing the United States. U.S. Route 40 goes east/west across the United States. Built in 1926, it was one of the first U.S. highways. The route was built on top of several older highways, most notably the National Road and the Victory Highway. The National Road was created in 1806 by an act of Congress and Union Pacific Railroad runs parallel to it in Cheyenne Wells.
US 40 now crosses a total of 12 states. Currently beginning outside Salt Lake City, Utah, the route enters Colorado, then Kansas, Missouri, Illinois, Indiana, Ohio, West Virginia, Pennsylvania, Maryland, Delaware, and New Jersey. Major cities including Denver, Kansas City, St. Louis, Indianapolis, Columbus, Baltimore, and Wilmington.
US Route 40 runs parallel to or concurrently with other highways, the Oregon Trail in Kansas, and other famous routes. In the western United States, Interstates 80 and 70 have superseded part of the original route.
Directions to Commercial CO Real Estate for Sale
From Lamar, go north on 385. Turn left on US 40 towards Cheyenne Wells. The Cheyenne Wells motel for sale is on the left side of the street.
Southeastern Colorado Real Estate Agents
Call Cruikshank Realty, Inc. in Lamar at (719) 336-7802 for more information about this motel opportunity. Ask us about Inventory, Profit & Loss, and Seller’s Disclosures. Our agents strive to guide clients to reaching their real estate goals.