244 E High Street Flagler, CO ^$ 749,900

244 E High Street

^$ 749,900

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Recently Listed

244 E High Street

Flagler, CO, 80815

^$ 749,900

Studio Baths0.0 Sq 5,288

Monthly Estimate*

^$ 4,984

Listed by Realty One Group Premier

244 E High Street, Flagler, CO 80815 - Image 1

244 E High Street, Flagler, CO 80815 - Image 2

244 E High Street, Flagler, CO 80815 - Image 3

244 E High Street, Flagler, CO 80815 - Image 4

Studio

Commercial Property for sale in Flagler, CO

for $749,900. This 5,288 square foot building was built in 1939 on a lot size of 1.44.

Established roadside motel and RV park in Flagler, Colorado. Three deeded parcels included in sale. Includes brick 2 story owner's or manager's house attached to motel with office, lobby, and additional manager's quarters. Eleven guest rooms, recently remodeled, separate laundry room for laundering motel linens. RV parking pads with hookups for 10 RV's. One of the guest rooms is a 500 square foot free-standing building with fencing, suitable for longer term guest needs, able to accommodate a guest with a pet. Owner's or manager's house can be locked off for additional rental income. Flexible ways to use the current set-up. Manger/owner's house has an attached 2 car garage. So many possible ways to maximize income opportunities with this unique property with high visibility on I-70. Flagler is a quaint, friendly, small town offering a whole host of get away experiences. Old timey movie theater, quaint shops, restaurant diner, small grocery store, post office, parks, public pool, 9 hole golf course. Step back in time and enjoy the pace of Flagler, Colorado. Whether you are looking for an income producing investment or a place to call home while earning money hosting travelers, this might be just what you've been looking for! Motel rooms are almost always 100% rented. Many repeat customers from over the years. Put in some elbow grease to make this place really shine and nightly rates will correspond. Be creative and carve out a niche for AirBnB travelers with the larger suites to also increase income opportunities.

Commercial Active

Price

^$ 749,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 254

Style

Traditional

Lot Size

1.44

Year Built

1939

Town/City

Flagler

County/Region

Kit Carson

MLS | Web ID

4473154

Features

General

Sewer Public Sewer

Utilities Cable Available Electricity Connected Natural Gas Connected Phone Connected Sewer Connected

Possession Closing/DOD

Roof Composition

Zoning Lodging

Garage Spaces 0

Architectural Style Traditional

Security Features Carbon Monoxide Detector(s) Fire Alarm Smoke Detector(s)

Construction Materials Brick Vinyl Siding

Exclusions Guests' personal belongings.

Year Built 1939

Electric 110V 220 Volts

Stories 1

Property SubType Special Purpose

Tax Year 2023

Current Use Live-Work/Mixed-Use/Flex

Building Name Little England Motel

County Kit Carson

Property Type Commercial Sale

Attached Garage Y

Building Features Concierge/Staffed Front Desk Fixtures/Equipment Included Front Desk On Site Management Signage Included Storage Wi-Fi

Status Active

Directions I-70 east to Flagler exit. Take exit and turn left. Go approximately 1/4 mile and turn left onto High St. Motel will be on your right.

City Flagler

Buyer Agent Compensation 3.0

Total Units 22

Lot Size Square Feet 62868

Carport Spaces 0

Street Name High

Listing Terms Cash Conventional

Tax Annual Amount 254

Leasable Area 5180

Lease Considered Y/N N

Structure Type Low Rise (1-3)

Standard Status Active

Occupancy Type Tenant (Multiple)

Cap Rate 13

Buyer Agent Compensation Type %

Exterior

Parking Features Driveway-Gravel

Water Source Public

Total Parking 0

Lot Size Area 62868

Building Area Total 5288

Lot Size Acres 1.44

Road Surface Type Paved

Lot Size Units Square Feet

Road Frontage Type Public

Road Responsibility Public Maintained Road

Interior

Street Suffix Street

Internal Only

Street Number 1 244

* Excluded Features

List By

Realty One Group Premier

Broker

(720) 312-2514

Phone

Affordability Calculator

$5,005

Per Month

Monthly Principal & Interest: $4,984
Monthly Property Taxes: $21
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Flagler, CO

Average List Price ^$549,950

Percent of Sale Price 27%

About Flagler, CO

536 Population

-13% Since 2002

^$36,324 Median Income

48.21 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$749,900		Listed Price

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244 E High Street, Flagler, CO, 80815 is a Commercial Property for sale at $749,900 with 5,288 sqft and a lot size of 1.44. 244 E High Street is a studio with 0.0 baths and was built in 1939. The property's zip code is 80815 which is in Flagler, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/28/2024.

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244 E High Street

Commercial Property for sale in Flagler, CO

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