403 Taylor Street, Craig, CO 81625
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403 Taylor Street, Craig, CO 81625
403 Taylor Street, Craig, CO 81625
403 Taylor Street, Craig, CO 81625
403 Taylor Street, Craig, CO 81625
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Susan Dillingham

Susan Dillingham

+1(970) 379-3860
Listed by The Group Real Estate, LLC
$ 660,000
Est. payment /mo
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403 Taylor Street Craig, CO 81625

11 Beds

10 Baths

7,112 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 7,112 sqft

Price per Sqft $92

Subdivision Craig

MLS Listing ID 194064

Bedrooms 11

Full Baths 8

Half Baths 2

Year Built 1962

Annual Tax Amount $1,150

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Residential Income

Source Aspen Glenwood MLS

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

Community Craig

Area Craig

Zoning Commercial

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

Interior

Heating Hot Water, Natural Gas, Baseboard

Inclusions See Remarks

Exterior

Utilities Available Natural Gas Connected, Electricity Connected

Roof Type Metal

Garage No

Building

Water Public

Others

Tax ID 085501107011

Acceptable Financing New Loan, Cash

Listing Terms New Loan, Cash

Aspen Glenwood Springs MLS (AGSMLS)
Susan Dillingham

Susan Dillingham

Advisor | License ID: FA001277965

+1(970) 379-3860

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403 Taylor Street