InnShopper > Inns for Sale > Colorado > Paonia > Bross Hotel

Bross Hotel


Paonia, CO   Offered for sale at $998,000
 

Built in 1906, the Bross has served the Paonia community for well over a century, providing a comfortable and relaxing environment for its guests. Its exterior walls are solid red brick, giving it a sturdy and appealing appearance. Inside, the main floor has an entryway and reception area, a breakfast room capable of serving over 20 people, a commercial kitchen, and office. Downstairs is a TV room and meeting room, two ½ baths, laundry and utility room, and the owner’s accommodations. Upstairs, on two more levels, are 10 spacious guest rooms, each with its own modern bath.

The new owner's efforts have been very successful, as they built new manager’s quarters, installed a new modern booking system, marketed the property on a national basis, and doubled the occupancy rate. Despite closing the inn for December, January, and February, the Bross is showing good returns. Karen and Kevin think it’s time to enjoy the rewards of their hard work and start traveling.

Paonia is a happening little town of about 1,000 people located about an hour and 45 minutes southwest of Aspen, an hour from Glenwood Springs, and an hour from Crested Butte in southwest Colorado. The town is known for its excellent climate, beautiful environment, with prominent peaks overlooking the town, lively small-town atmosphere, and productive growing environment. There are many orchards, vineyards, organic farms, ranches, and even hemp farms in the surrounding area. Paonia is famous for its produce, much of which is grown Kevin and his brother, Kris, at their First Fruits Organic Farms. The local “Pickin’ in the Park” music series attracts hundreds of fans every week during the summer. Cherry Days, which takes place on the Fourth of July, is a favorite draw.



Property Details
  • 10 Guest Rooms
  • 10 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1906
  • Last Renovated in 2018
  • Opened in 1906
  • Building is 6,417 SQFT
  • Lot is 0.3 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $998,000
  • Occupancy Rate: 54%
Contact Information