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$1,950,000
104 S 2nd St, Kremmling, CO, 80459
MIXED USE COMMERCIAL PROPERTY - Historic boutique hotel with a strong rental history and exceptional versatility-all priced at $159 per square foot and 9.6% CAP rate. This beautifully updated property offers flexible use as short-term rentals, long-term stays, or workforce housing. Perfectly positioned across from the Town Square, guests and tenants enjoy immediate access to restaurants, shopping, and community events. The property features two commercial storefronts, adding income potential, and includes convenient on-site storage. A rare investment opportunity blending character, modern updates, and prime location.
Offered By
Rebecca Guthrie, REMAX RED
Property Details
Property Type
Commercial Sale
Status
Active
Property Sub Type
Retail
MLS #
1051693
Heating
Radiator
Cooling
Ceiling Fan(s)
Utility Features
Natural Gas Available
SEWER
Public Sewer
WATER SOURCE
City
Year Built
1906
Basement
Walk-Out Access
Roof
Rubber
Lot Features
Corner Lot
CITY
Kremmling
SUBDIVISION
Kremmling
COUNTY
Grand
AREA
Out of Area
STATE
CO
TAX AMOUNT
14048.0
LATEST UPDATE
2026-03-08T02:10:26.376Z
DAYS ON MARKET
20
PRICE CHANGE(S)
$1,950,000 Feb 16, 2026
Property Details
Property Type
Commercial Sale
Status
Active
Property Sub Type
Retail
MLS #
1051693
New Properties On Market
11
450%
Increase In New Listings
Average Asking Price
$619,445
$151,995 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$235
$107 Increase In List Price/Sq. Ft.
Average Days On Market
9
20 Day
Decrease In Days On Market
Data as of Mar 19, 2026.
Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.