A nearly 100-year-old motel property in Colorado Springs may be in line for a comprehensive redevelopment.
Located at 3518 W. Colorado Avenue on the northwest side of the city, the one-story Mecca Motel is currently being listed for sale, with an asking price of $3 million.
The motel, measuring nearly 8,550 square feet, sits on a just under 1-acre site in a part of Colorado Springs officially designated as an Opportunity Zone.
Advertised in the early 1960s as a motel offering twenty modern units, showers and tubs in every room, and air-conditioning by refrigeration, the Mecca Motel has long been a regional lodging mainstay and has several times through the decades been updated.
The motel is most known locally for its iconic late 1950s front sign.
Listed with the Colorado Springs-based realtor Front Range Commercial, the property today has 21 rooms, with a heated pool and jacuzzi, as well as a manager’s apartment and facility laundry room.
While the future of the Mecca cannot be known until a new owner is found, the redevelopment of pre- and post-World II motels has shown signs of becoming a cottage industry.
According to the publication Cornell Real Estate Review, such motels could serve as senior and student housing space, offering a “creative solution for small-to-midsized developers scouring for deals in a tight real estate market.”
By Garry Boulard