Western Lodge Commercial

WE STE R N L OD GE

COMMERCIAL JA M ES HOWS ER | 970.846.4292

W ES TE RN L O D G E CO M M E R CI AL 1122 LINCO LN AVE • 134 12 TH ST • 1 169 & 1 1 51 OAK ST • 1 1 53 OAK ST

$ 1 2,900,000

# 6961028

1.83 ACRES | 79,714 SF

Rare Development Opportunity in Steamboat Springs Prime “Main Street” location in Historic Shopping District Provide luxury living, retail, and high-demand housing The Western Gateway of Downtown Steamboat Views of Steamboat Resor t and Howelsen Hill Ski Area Steps from the Yampa River, parks, shopping & restaurants Located between Steamboat Ski Area and Yampa Valley Regional Airpor t

C O MMERC IAL

T HE PROP E RTY

LEGAL DESCRIPTIONS

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12

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145012005

145012008

145001004 LI

PARCEL #

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ACRES

ADDRESS

LEGAL ADDRESS

145001004

4, 5, 7, 10, 14, 15

1.09 AC 47,480 SF

1122 Lincoln Ave

PT OF LOT 4 LOTS 5-7, 10-14 INC & LOT 15 LESS A TR 12 FT X 100, BLOCK 12 ORIGINAL TOWN OF SS

145012008

8, 9

0.32 AC 13,939 SF

134 12th Street 1169 Oak Street

LOTS 8 & 9 BLOCK 12 ORIG ADD TO SS

145012005

5, 6, 7

0.42 AC 18,295 SF

1151 & 1153 Oak Street

PT OF LOTS 5,6 & 7 BLK 12 ORIGINAL TOWN OF SS

T HE PROP E RTY

OVERVIEW

The Western Gateway to Downtown Steamboat Springs! Amazing development oppor tunity at the beginning of Steamboat’s Historic Downtown Shopping District. Just steps away from the Yampa River, Bud Werner Library, city parks, unique mountain-town shopping, restaurants, and enter tainment. Lincoln Avenue and Downtown Steamboat feature the majority of the main events in the area, including Winter Carnival, summer farmers markets, free summer concerts, the Rocky Mountain Mustang Rally, and much more. This 1.83 acre lot consists of a 16,200 sq.ft. motel, a 2,128 sq. ft. duplex rental, and a 1,273 sq.ft. home (not occupied). With beautiful Soda Creek running through the middle of the property, this rare development opportunity gives the new owner many options to construct a hotel, mixed-use retail/office/residential building, and residential condos, all with water-front possibilities and mountain/ski resor t views.

PRO PERTY

EXISTING PROPERTY BREAKDOWN

M OTE L This 13,158 sf building (source: appraisal) consists of 35 guest rooms, which encompass 11,354 sf of the floor plan. The rooms are approximately 400–500 sf each, furnished, with a sleeping area and bathroom. The remaining areas consist of an office/check-in area, an owner/manager’s 3BD, 2BA residential unit, boiler room, commercial space fronting Lincoln Avenue, housekeeping area, laundry room used by guests, telephone room, and storage area for laundry and other hotel operation needs.

• 13,158 square feet (source: appraisal) • 35 Guest rooms (11,354 sf – 400-500 sf each) furnished, with sleeping area and bathroom • Office/Check-in area • Owner’s/Manager’s 3BD, 2BA residential unit • Boiler Room • Commercial space • Housekeeping area • Laundry room for guests • Telephone room • Storage room

PRO PERTY

EXISTING PROPERTY BREAKDOWN

WARE HOU SE B U I LD I NG The warehouse building area included in this sale has 2,692 square feet and includes: a boiler room, laundry facility used for motel needs, 2 car garage, janitor closet for chemicals, and a large storage space on the second floor of the warehouse building.

• 2,692 sq ft (source: Routt County Assessor) • Boiler room • Laundry facility for motel needs • 2-car garage

PRO PERTY

EXISTING PROPERTY BREAKDOWN

RES ID E NTI AL D UPLE X The existing residential duplex is located at 1151 & 1153 Oak Street, has 2,128 square feet. and is currently a long-term rental.

• 2128 sq ft (source: Routt County Assessor) • 1151 & 1153 Oak Street • Current use: long-term rental

PRO PERTY

EXISTING PROPERTY BREAKDOWN

S INGLE FAM I LY HOM E The existing older home sits on 2 city lots at the corner of 12th and Oak Street — 134 12th Street & 1169 Oak Street.

The home has 1,273 square feet, and it sits on 0.32 acres.

•1,273 sq ft on 0.32 acres (source: Routt County Assessor) • Older home at 134 12th St & 1169 Oak St (corner of 12th & Oak St) • Sits on 2 city lots

LO C AT I O N

LO C ATION

PRIM E DOWNTOWN LOCATION

STEAMBOAT SKI AREA

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BUD WERNER MEMORIAL LIBRARY

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DOWNTOWN

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EMERALD MOUNTAIN HOWELSEN HILL

At the Western gate of Steamboat, located just one block away from the Yampa River and the Bud Werner Memorial Library, this proper ty offers exquisite views of America’s

L IN C O L

oldest ski hill, Howelsen Hill, and is just

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steps away from restaurants, shops, parks

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12TH S T

and the center of downtown Steamboat.

The prime location offers easy access to the Yampa River Core Trail and all of the activities and events held in downtown.

LO C ATION

ACCESSIBILITY & TRANSPORTATION

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RODEO GROUNDS

HOWELSEN HILL

OLD TOWN HOT SPRINGS

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EMERALD MOUNTAIN

The Hayden/Yampa Valley Regional Airpor t is a shor t 20-minute drive west. With direct flights from many locations throughout the U.S., Steamboat is the most easily-accessible resor t town in Colorado.

Once in Steamboat, the free Steamboat Springs Transit (SST) provides year-round, daily service throughout the Yampa Valley and Steamboat

W HY S T EA M B OAT

W HY S TE A M B OAT 1

REASONS FOR INVESTING

S K I TOW N U SA – A 4 S EAS O N EXP ER I EN CE

Located along the beautiful Yampa River and tucked against Rabbit Ears Pass, Steamboat has offered the outdoor enthusiast a playground unlike any other. The longest free-flowing river in the West, the Yampa provides summer activities including SUP, kayaking, rafting, and just an easy float on your tube. But more so, it gives the passionate angler some of the best fly fishing in the state, just steps from the beautiful bike path the runs along it. The surrounding mountains also provide amazing hiking and mountain biking that will test the abilities of every rider.

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S T E A M B OAT S KI R ES O RT

World-class skiing on the best snow on ear th. With the new ownership under Alterra, Steamboat has seen a significant upgrade to its services, infrastructure, and amenities. These investments are driving more visitors to the area than ever before. This creates the need for more housing, more retail, and more luxury-living options.

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R I C H W E S T ER N CU LT U R E AN D H ER I TAG E

Steamboat is a ranching town with a rich heritage and a strong sense of self. Combine that community with our beloved visitors from the front range of Colorado, Texas, Florida, and beyond, and you have the ultimate ski town!

W HY S TE A M B OAT

BUSINESS IS BOOM ING

Steamboat Springs has a booming business community. Among many other great companies, Moots, Talon Grips, ACZ Laboratories, Big Agnes, Honey Stinger are all based in here.

Four breweries call Steamboat Springs home: Mountain Tap Brewery, Butcherknife Brewing Co, Storm Peak Brewing Co and Mahogany Ridge Brewery.

The commercial sector is strong, with literally hundreds of retail shops and restaurants, many of which are located downtown just steps from this proper ty. Professional services, including accounting, legal and technical firms, to name a few, provide suppor t to the other industries.

Steamboat offers world-class health care, including the UCHealth Yampa Valley Medical Center, a Mayo Clinic Care Network hospital known for its high quality and standards.

And there is a strong non-profit community in Steamboat, with over 100 organizations serving the needs of the people and programs in Steamboat and throughout Routt County. Additionally, creative industries account for 431 jobs and nearly $50+ million to the local economy.

W HY S TE A M B OAT

A H OM E & A PLACE TO STAY

With the rising demand for single family homes, second homes, ski condos, and luxury living, Steamboat is primed for a new development that meets those needs.

Downtown Steamboat Springs is the home to almost all major events, both in winter and in summer. This activity, along with the revitalization of Yampa Street along the river, means more visitors and buyers are looking to experience the downtown lifestyle. There is a major lack of upper-level (luxury) hotels and nightly rentals and few options to own a piece of downtown living. Development is the answer!

Z O NI NG

CO 2 1 7 .A

Purpose The Commercial Old Town zone district is intended to provide for commercial uses and development complementary to and compatible with the traditional character of the downtown area in terms of scale, streetscape, and pedestrian orientation. Commercial Old Town is a mixeduse district that emphasizes active commercial uses on the pedestrian level, such as retail, service, restaurants, and lodging, as well as accommodating office and residential uses that are complementary to and supportive of the active streetscape.

217.B Dimensional Standards (See below.)

B D

G H

F

C

A

E A

Building Placement Lot Line Setbacks Front Principal Building up to 28’ Principal Building above 28’ Side Principal Building Accessory Building Rear Principal Building Accessory Building Lot Size Width 1 Depth 1 Area

i

A 00’ min.

00’ max.

15’ min.

B C

0’ max.

0’ max.

D 10’ min.

10’ min.

025’ min.

150’ max. no min.

03,000 sf min.

22,000 sf max.

E F

Building Form Building Height 1 Buildings without Residential on Uppermost Floor Overall Height 28’ max.

Average Plate Height 28’ max.

Buildings with Residential on Uppermost Floor Overall Height 38’ max.

Average Plate Height 38’ max.

Public Facilities Overall Height 42’ max.

Average Plate Height 42’ max.

Other Standards Building Intensity Lot Coverage no max.

Floor Area Ratio 200% max.

Density Dwelling Units per Lot no max.

G H G H G H

The above graphics are not intended to illustrate how building height, lot width, or lot depth is measured. Refer to Section 801 for rules of measurement.

1

RO 2 0 8 .A

Purpose The Residential Old Town zone district is intended to provide areas for one-family residential uses, as well as limited multiple-family residential, educational, and institutional uses, and development complementary to and compatible with the traditional character of the City’s original neighborhoods in terms of mass, height, setbacks, density, and street layout.

208.B Dimensional Standards (See below.)

D G

F H C E

Building Placement Lot Line Setbacks Front Principal Building Porch Attached Garage Accessory Building Side Principal Building Attached Garage Accessory Building Rear Principal Building Attached Garage Accessory Building Lot Size Width 1 Depth 1 Area Duplex

A B

A B

A 15’ min.

09’ min.

20’ min.

20’ min.

B

C 10’ min.

10’ min.

05’ min.

D 10’ min.

10’ min.

05’ min.

025’ min.

100’ max. no min.

06,000 sf min.

12,500 sf max.

12,000 sf min.

E F

Building Form Building Height 1 Principal Building Overall Height 34’ max.

Average Plate Height 22’ max.

Accessory Building with Secondary Unit Overall Height 28’ max.

Average Plate Height 18’ max.

Accessory Building without Secondary Unit Overall Height 24’ max.

Average Plate Height 18’ max.

Other Standards Building Intensity Lot Coverage 35% max.

Floor Area Ratio 45% max.

Total 45% max.

Principal Building 20% max.

Accessory Building 2 Density Dwelling Units per Lot 2 max.

Principal Uses per Lot 1 max.

G H G H G H

The above graphics are not intended to illustrate how building height, lot width, or lot depth is measured. Refer to Section 801 for rules of measurement.

2 Manufactured homes are prohibited.

1

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CK-1 2 2 0 .A

Purpose The Commercial Oak zone districts are intended to provide areas along Oak Street for low-intensity commercial uses, such as office and limited retail and service. These zone districts are also intended to provide for vertical and horizontal mixed-use development that incorporates residential densities and forms compatible with permitted commercial uses. Commercial Oak accommodates uses and development that are complementary to and compatible with the surrounding neighborhood in terms of scale and intensity, as well as provide a buffer or transition between the Commercial Old Town zone district and the Old Town residential neighborhood.

220.B Dimensional Standards (See below.)

C

F

E G B D

Building Placement Lot Line Setbacks Front Principal Building Accessory Building Side Principal Building Accessory Building Rear Principal Building Accessory Building L ot S i z e Width 1 Depth 1 Area

A

A

A 10’ min.

30’ max.

15’ min.

B 10’ min.

05’ min.

C 10’ min.

05’ min.

025’ min.

100’ max. no min.

03,000 sf min.

14,000 sf max.

D

Building Form Building Height 1 Principal Building Overall Height Average Plate Height Accessory Building Overall Height Average Plate Height Other Standards Building Intensity Lot Coverage Floor Area Ratio Density 2 Dwelling Units per Lot

32’ max.

20’ max.

F G

32’ max.

20’ max.

F G

50% max.

50% max. no max.

The above graphics are not intended to illustrate how building height, lot width, or lot depth is measured. Refer to Section 801 for rules of measurement.

2 Manufactured homes are prohibited.

1

E

i

CK-2 2 2 1 .A

Purpose The Commercial Oak zone districts are intended to provide areas along Oak Street for low-intensity commercial uses, such as office and limited retail and service. These zone districts are also intended to provide for vertical and horizontal mixed-use development that incorporates residential densities and forms compatible with permitted commercial uses. Commercial Oak accommodates uses and development that are complementary to and compatible with the surrounding neighborhood in terms of scale and intensity, as well as provide a buffer or transition between the Commercial Old Town zone district and the Old Town residential neighborhood.

221.B Dimensional Standards (See below.)

C

F

E G B D

Building Placement Lot Line Setbacks Front Principal Building Accessory Building Side Principal Building Accessory Building Rear Principal Building Accessory Building Lot Size Width 1 Depth 1 Area

i

A

A

A 10’ min.

30’ max.

15’ min.

B 10’ min.

05’ min.

C 10’ min.

05’ min.

025’ min.

100’ max. no min.

03,000 sf min.

14,000 sf max.

D

Building Form Building Height 1 Principal Building Overall Height Average Plate Height Accessory Building Overall Height Average Plate Height Other Standards Building Intensity Lot Coverage Floor Area Ratio Density 2 Dwelling Units per Lot

F G

32’ max.

20’ max.

F G

050% max.

100% max. no max.

The above graphics are not intended to illustrate how building height, lot width, or lot depth is measured. Refer to Section 801 for rules of measurement.

2 Manufactured homes are prohibited.

1

E

32’ max.

20’ max.

CON TAC T

JA M E S H OWS E R c 970.846.4292 | o 970.879.7800

1855 SKI TIME SQUARE DRIVE STEAMBOAT SPRINGS, COLORADO james.howser@steamboatsir.com luxur ysteamboat.com