171 S Alder Street

Crestone, CO 81131

About this property

TREMENDOUS OPPORTUNITY to invest in an established and thriving Inn and retail business! The Crestone Inn sits in the center of downtown Crestone with 2 additional lots included, and truly serves as a community hub. There are six total 1 and 2 bedroom suites, each with spacious living area, kitchen, private bath, and front and back porches overlooking the mountains. This property boasts 3 retail spaces, which are currently being utilised as, the Gift Horse boutique, retailing clothes, gifts and local artist pieces, the spacious Eureka Thrift Shop and a vibrant, popular toy store. There are numerous potential business opportunities for the retail spaces, including using it as a possible pharmacy location, retreat centre, yoga or arts space, or mechanic shop. An additional 2 buildable lots included, nestled among mature cottonwood trees, near the creek. The property has a community lawn at the back with creek running behind the property, which has been the site for many festivals over the years. During the summer, the Inn serves as an anchor for the Crestone Farmers Market. The Inn is walking distance to all of Downtown Crestone's art galleries, markets, cafes, restaurants and more. Crestone is nestled in the heart of the beautiful Sangre de Cristo mountain range and is home to more than 20 spiritual and retreat centers. The town includes an art gallery, cafe and live music venue, organic market, and several restaurants and shops. Crestone Brewing Co. is a nano brewpub with locally sourced food and craft beverages. There is truly something for everyone in Crestone! An outdoor playground with some of Colorado's most renowned mountain peaks. There are four local summits of over 14,000 feet, and people come from around the world to climb in the Summer and early Fall. Visitors will also find world class fishing, river rafting, skiing, multiple natural hot springs, and the Great Sand Dunes National Park all within an hour of Crestone.An opportunity not to be missed!

Date Added
February 5, 2020
Listing Status
Days On Site

Features and Additional Information

Lot Size
65,340 SqFt
Property Type
Property View
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$777,777 Active
0 Beds
0 Baths
5,528 SQFT

Presented By Coldwell Banker Canyonside Realty

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Twin Falls
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Area Information

| Saguache County |

$ 777,777
This listing is play_arrow 2582.0% higher than the average in the area
$ 29,000 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
19 days on site
This listing is play_arrow 97.3% below the average in the area
694 days on site in the area

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