Price reduced! Handsome and sturdy 2 story building w/32 rooms and full basement in heart of Limon. It has a bright and inviting lobby w/fire place, spacious seating areas and bathroom, plenty of parking and storage. 1 on-site manager suite, 2 suites/apartments w 1bed/1bath, kitchen, and living room. Currently, 19 motel rooms are sellable and 13 rooms need some finishing touches. Capital investment was made by the current owner to bring major system into a good working order. A grocery market, bank and restaurants are in walking distance. This building has good character. 19 out of 32 motel rooms are currently rentable. There is a guest laundry in the basement.
Sold for $500,000
$500,000
795 Main St, Limon, CO 80828
32beds
0baths
8,160sqft
MultiFamily
Built in 1951
-- sqft lot
$-- Zestimate®
$61/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 0
Heating
- Wall, Electric
Features
- Flooring: Carpet, Laminate
Interior area
- Total interior livable area: 8,160 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 0.32 Acres
Details
- Parcel number: 258517429004
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1951
Community & HOA
Location
- Region: Limon
Financial & listing details
- Price per square foot: $61/sqft
- Tax assessed value: $401,263
- Annual tax amount: $1,966
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2024 | Sold | $500,000+11.1%$61/sqft |
Source: Public Record Report a problem | ||
| 6/1/2018 | Sold | $450,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,966 +8.1% | $25,079 +21.4% |
| 2024 | $1,818 -6.5% | $20,650 |
| 2023 | $1,943 -4.4% | $20,650 -7.6% |
| 2022 | $2,034 -50.2% | $22,354 -4.9% |
| 2021 | $4,087 -30% | $23,504 +0.3% |
| 2020 | $5,836 -1.5% | $23,434 -65% |
| 2019 | $5,925 +0.2% | $67,005 +0.2% |
| 2018 | $5,914 | $66,866 |
| 2017 | $5,914 +0.2% | $66,866 |
| 2016 | $5,902 +6.1% | $66,866 +0% |
| 2015 | $5,561 -17.8% | $66,865 |
| 2014 | $6,768 | -- |
Find assessor info on the county website
Neighborhood: 80828
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Nearby schools
GreatSchools rating
- 9/10Limon Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Limon Junior-Senior High SchoolGrades: 6-12Distance: 0.5 mi
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- Colorado
- Lincoln County
- Limon
- 80828
- 795 Main St