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200 Arapahoe Ave
Boulder, CO 80302 Lower Arapahoe

$6,495,000 USD

Hotel For Sale  •  7,184 SF

Property Details

  • Property Type Hotel
  • Total Building Size 7,184 SF
  • Lot Size 1.05 AC
  • Building Class B
  • Year Built 1934
  • Cap Rate 7.20 %
  • Zoning T
20 Transit Score
30 Walk Score

Description

The Property is located in Boulder, CO, nestled against the foothills of the Rocky Mountains. Known for its stunning natural beauty and vibrant culture, Boulder offers a unique blend of outdoor adventure and urban amenities. The city is home to the famous Flatirons, a series of iconic, jagged sandstone formations that attract hikers, climbers, and sightseers year-round. With over 45,000 acres of protected open space and 300 miles of trails, Boulder is a paradise for outdoor enthusiasts who enjoy hiking, biking, and rock climbing. In the winter, nearby ski resorts provide options for skiing and snowboarding, while Boulder itself offers cross-country skiing and snowshoeing on local trails.

Boulder Creek flows through the city, offering serene spots for fishing, tubing, and picnicking. The city is also known for its lively arts and food scene, with a variety of galleries, farm-to-table restaurants, and the popular Pearl Street Mall—a pedestrian-friendly shopping and dining hub. The University of Colorado Boulder adds an energetic, youthful vibe to the city, bringing events, and cultural performances.

Distances from larger cities:

Denver, CO - 29 miles northwest of Denver
Fort Collins, CO - 58 miles south of Fort Collins
Cheyenne, WY - 90 miles southwest of Cheyenne
Colorado Springs, CO - 97 miles north of Colorado Springs
Salt Lake City, UT - 520 miles east of Salt Lake City

Local airports include Boulder Municipal Airport (5 miles) and Rocky Mountain Metropolitan Airport (13 miles). The nearest international airport is Denver International Airport, located 42 miles east of Boulder.

Highlights

7.20% Cap Rate (Without Management Fee) | 6.53% Cap Rate (With Management Fee)
Fully restored, turn-key 1930s mountain lodge on 1.05 acres at the base of Boulder Canyon, just minutes from downtown Boulder
20 unique guest units, including 18 rustic studios and 2 spacious suites, blending vintage charm with modern amenities
Prime Boulder location, which is nationally recognized as a year-round tourism destination and one of the hottest real estate markets in the U.S.
Flexible Transitional zoning, allowing for potential expansion or additional development opportunities, including a Nordic Spa concept
Broker of Record: Michael A. Corbey with RealSpace Commercial RE, LLC (out of Englewood, CO)

Property Flyers

Cap Rate: 7.20 %

Amenities

  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Public Transportation

AirportDriveWalkDistance
Denver International 55 min - 44.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Surface
Included in Rent: Yes
Research In Progress Research In Progress
Research In Progress Research In Progress