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Unlock Your Investment Potential: The Historic Income Property at 2118 Main St, Rye, CO

Unlock Your Investment Potential: The Historic Income Property at 2118 Main St, Rye, CO

Nestled in the heart of Rye, Colorado, lies a hidden gem brimming with history and income potential. Imagine owning a piece of local history while also tapping into a lucrative investment opportunity. Welcome to 2118 Main St, where the past seamlessly intertwines with the present to offer investors and owner-occupants alike an enticing proposition.

Unveiling a Rich Tapestry of History

Step back in time to 1929, when Alfred Lawrence and Edythe Ashley Wilson, with the helping hands of Edythe's father, Hamilton Thomas Ashley, erected what would become known as The Wilson Hotel. Its doors welcomed patrons to a charming restaurant and a miniature golf course, a testament to the vibrant spirit of the era. In the 1960s, the property underwent a transformation, evolving into the Rye House Inn and incorporating apartments alongside the existing charm. The subsequent decades saw renovations and reinventions, with the property even serving as the residence of Rye's esteemed Mayor at one point. Fast forward to today, where we are proud stewards of this rich heritage, having embarked on a journey to restore and revitalize this historic landmark since October 2021.

An Income Oasis Awaits

But history is only one facet of what makes 2118 Main St a compelling investment. Let's delve into the present-day opportunities that await within its walls. The property boasts a diverse array of rental options, catering to both short-term and long-term tenants. On the main level, a charming 3-bedroom house stands ready for occupancy or conversion into a lucrative rental unit, complete with an attached guest quarter for added versatility. Ascend to the upper level, where three apartments within the main home offer cozy retreats for tenants seeking a blend of comfort and character.

But that's not all; two separate apartment buildings on the premises add to the income potential, with three units already renter-ready and three more awaiting conversion from their current storage usage. And let's not forget the seven RV camp sites, ensuring a steady flow of income from outdoor enthusiasts seeking a slice of Colorado's natural beauty. Whether you're envisioning a thriving bed and breakfast or a portfolio diversification strategy, this property lays the perfect foundation for your dreams.

Embrace Modern Comforts, Preserve Historic Charm

As you explore the interiors of the main house, formerly the illustrious Wilson Hotel, you'll find a seamless blend of old-world charm and modern comforts. Step onto the expansive covered porch, where morning coffees are savored against a backdrop of mountain vistas. Inside, the kitchen beckons with its updated amenities, including an island with breakfast bar seating, stainless-steel appliances, and a gas range with double ovens—a culinary haven for aspiring chefs or discerning hosts.

Entertain guests in the adjacent dining room, where tales of yesteryear mingle with the laughter of today. And when the day draws to a close, retreat to the primary bedroom, complete with a walk-in shower offering convenience and luxury. Every corner of this property whispers tales of a bygone era, inviting you to be a part of its enduring legacy.

Seize the Opportunity

Don't let this rare opportunity slip through your fingers. Whether you're a seasoned investor seeking to expand your portfolio or an owner-occupant with an eye for historical charm, 2118 Main St beckons with its promise of income potential and timeless allure. Click below to unlock the doors to your future investment and embark on a journey steeped in history and prosperity.

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Own a piece of Rye's rich history while securing your financial future. Contact us today to schedule a viewing and take the first step towards owning this historic income property.



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