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Betsy Repaske

betsy@ownyoursummit.com +1(970) 977-9277

$ 660,000

Est. payment -/mo

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403 Taylor ST Craig, CO 81625

0.26 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Craig

MLS Listing ID S1070842

Year Built 1962

Annual Tax Amount $1,150

Tax Year 2025

Lot Size 0.263 Acres

Acres 0.2626

Property Description

Hospitality Business w/Real Estate. Travelers, laborers, students, tourists and wanderers are all welcome at 403 Taylor Street Hostel. Conveniently located in downtown Craig, guests are offered private rooms along with shared common spaces to unwind and enjoy the company of fellow patrons. Amenities include a living room with a cozy gas fireplace, a quiet reading/game room, a large dining room, a commercial-quality kitchen, laundry facilities, outdoor dining and lounge space, and ample parking. All 11 guest rooms, six of which are ensuite, have digital locks for security and privacy. The interior features new LVT and carpet flooring, fresh paint throughout, new security cameras, two new bathrooms, and several updated bathrooms (ten total bathrooms). The entryway is flanked by two offices and there is generous interior storage along with a 27-foot by 27-foot detached shop/garage. Currently, the hostel accommodates mostly month-to-month guests, but two rooms have been reserved for nightly rental. Existing bed configuration accommodates up to 25 total occupants, allowing for significant operational flexibility, including Bed and Breakfast opportunities. Well-maintained, comfortable and friendly, 403 Taylor Street Hostel is a turn-key hospitality business w/real estate that has good cash flow and upside potential.

Location

State CO

County Moffat

Area Out Of Standard Regions

Direction US Highway 40 to Taylor Street in Downtown Craig. South on Taylor one block. Property is at the NE corner of 4th Street and Taylor Street.

Interior

Heating Baseboard, Hot Water, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Lot, Parking Pad

Utilities Available Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash Collection, Water Available

Water Access Desc Public

Roof Type Metal

Present Use Hotel/Motel

Street Surface Paved

Building

Lot Description Corner Lot

Dwelling Type Hotel/Motel,Multi Family

Sewer Public Sewer

Water Public

Additional Building Workshop

Others

Pets Allowed Yes

Tax ID R009314

Pets Allowed Yes

Listed by The Group Inc. (970) 870-8800

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