Judy Pitt

Broker Associate
License#:

$3,200,000

1430 Race Street, Denver, CO 80206  (Sold on )

  • Price Reduced
  • Open House
  • New Listing
  • Coming Soon
  • 0 BedBeds
  • BathBaths
  • 6,663 SqftSqft
  • TypeCommercial Sale
  • Active
  • MLS# 9891168
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Property Description

Flora House represents a rare opportunity for investor or owner operators to acquire a well established and profitable boutique hospitality asset in Denver’s renowned Wyman Historic District. The property benefits from exceptional proximity to the city’s cultural, dining, and commercial destinations and is one of very few lodging properties in the area. This 1892 Victorian mansion underwent a meticulous restoration and was redesigned in 2022. Today, the property operates as a boutique hotel / Bed & Breakfast with a growing clientele for private events. The property sits on a 0.22-acre landscaped lot featuring a spacious private garden and hardscaped outdoor gathering spaces. The interior offers elegant common areas and seven unique, luxury guest suites, each with a private en-suite bathroom. Included with the turnkey sale is all all FF&E (guest-facing, common area and operational), Intangible business assets (Branding, Website, reservation systems, Social media accounts, SOPs), and operational infrastructure (private one-bedroom owner/innkeeper residence, commercial kitchen, laundry, hot tub, storage, garage, 5 guest parking spots). Flora House has established itself as a high-performing hospitality business with annual gross revenues consistently exceeding $500,000. In 2025, the property achieved 70% occupancy, with an Average Daily Rate (ADR) of $218 and RevPAR exceeding $150—performance metrics that significantly exceed broader Denver market averages for comparable accommodations. Meaningful growth potential exists through expanded event and group sales programming, optimized pricing strategies, expanded marketing efforts and online presence, and ongoing operational savings.  Flora House is a compelling combination of updated historic architecture, turnkey operations, proven performance, brand awareness & loyalty, with avenues for future growth within a sought-after neighborhood. An Offering Memorandum and financials are available for qualified buyers.

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Property Details

General

  • County: Denver
  • List Date: 04/24/2026
  • DOM: 10
  • Style: Victorian
  • Lot SqFt: 9371
  • Year Built: 1892
  • New construction: NO
  • Sq Ft (total): 6663
  • MLS#: 9891168

Exterior Features

  • Construction: Block, Brick, Concrete, Frame, Stone, Wood Siding
  • Roof: Composition
  • Type: Special Purpose
  • Waterfront: NO

Financial Considerations

  • Tax Year: 2024
  • Tax Amount: $11228

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Water/Sewer: Public Sewer
 

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