103 W Ryus Ave

Description

Right in the heart of downtown LaVeta! Encompassing a substantial footprint at an exceptional price per square foot, this fully turn-key historic hotel complex has been thoughtfully developed to offer multiple revenue streams under one roof. The property includes: Interior guest rooms with classic hotel charm A large private suite ideal for premium bookings or owner occupancy- Courtyard-facing rooms, many equipped with full kitchenettes -- perfect for extended-stay guests or future condo conversion- A spacious apartment, ideal for an on-site manager, long-term tenant, or owner's residence- A fully appointed bar and restaurant, ready to serve -- no buildout required. A pool room and additional common areas that give this property a social energy few commercial assets can match This isn't a shell. It's a living, breathing hospitality asset with infrastructure, character, and bones that would cost a fortune to replicate! Visit DiscoverBachman.com for further info and photos. La Veta is no secret to those who know Colorado. Nestled at the foot of the Spanish Peaks, this historic town draws artists, outdoorsmen, travelers, and remote workers who fall in love with its charm and never quite leave. The property sits directly across from the town park in the downtown core -- the most visible, walkable, and desirable address in La Veta. Foot traffic, community events, and a tight-knit local economy all work in your favor here. The existing hotel operation is the obvious entry point -- walk in and start welcoming guests. But the savvy investor will immediately recognize what else this property can become: A boutique hotel or inn -- continue the legacy with modern hospitality touches and capitalize on Colorado's booming travel economy. A mixed-use development -- the kitchenette-equipped rooms, large apartment, and suite lend themselves naturally to a condominium conversion or residential community with commercial amenities. A destination food and beverage venue -- the bar, restaurant kitchen, and pool room already have the infrastructure to become the social anchor of downtown La Veta. A corporate retreat or event center -- the courtyard, communal spaces, and variety of room configurations create a compelling package for group bookings.