625 E 1st Street
Akron, CO, 80720 $ 500,000
Bedrooms-- Baths-- Monthly Estimate*
$ 3,453
Listed by Key Team Real Estate Corp.
for $500,000. This building was built in 1959 on a lot size of 1.18.
Take advantage of this exceptional multi-use commercial opportunity in a highly visible, prime location on the corner of First Street and Elm Ave in Akron, CO. Currently configured as a limited-service motel, the property provides potential for continued hospitality use or other commercial possibilities. Built in 1959, fully renovated in 2010, the single-story brick building encompasses approximately 7,116 +/- square feet and features a courtyard-style footprint with convenient access from the south and west, along with off-street parking. The property includes an office with manager's living quarters, 13 guest rooms consisting of four single and nine double rooms, guest and housekeeping laundry facilities, and approximately 1,200 square feet of common area. Adding to the property's versatility is a spacious conference and event area featuring a meeting/recreation/community space, commercial kitchen, two restrooms, and utility/storage areas—creating additional possibilities for meetings, events, gatherings, or other commercial uses. Guest rooms are equipped with individual heat and cooling units, and the property includes amenities such as Wi-Fi, televisions, refrigerators, microwaves, and more. One room features a handicap-accessible shower. A guest laundry facility, housekeeping area, and approximately 120 +/- square foot storage building add further functionality. With recent updates, minimal deferred maintenance, and excellent visibility in a key location, this unique property presents a rare opportunity for an owner-operator, investor, or entrepreneur. Discover the possibilities this multi-use commercial property has to offer and schedule your private showing today in the amazing community of Akron!
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FeaturesGeneralSewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected
Roof Composition
Zoning D-Business and Commercial
Garage Spaces 0
Construction Materials Brick Wood Frame
Year Built 1959
Property Subtype Special Purpose
Current Use Commercial
Parcel Number 92033001001
County Washington
Property Type Commercial Sale
HOA N
Attached Garage N
City Akron
Senior Community Y/N N
Number Of Units Total 28
Lot Size Units Acres
Lot Size Square Feet 51400.8
Carport Spaces 0
Property Attached Y/N N
Tax Annual Amount 6596
Standard Status Active
Freehold IDX
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ExteriorParking Features Asphalt Concrete
Lot Features Corner Lot Landscaped
Water Source Public
Lot Size Area 1.18
Lot Size Acres 1.18
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* Excluded FeaturesList ByKey Team Real Estate Corp.Broker
Affordability Calculator
- Monthly Principal & Interest
- $3,453
- Monthly Property Taxes
- $550
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Akron, CO
Average List Price $624,750
Percent of Sale Price 25%
About Akron, CO 1,796 Population
4% Since 2002
$ 45,421 Median Income
42.81 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2026 | $500,000 | | Listed Price |