L-M Drug in Holly Sold

Alamo Hotel - Main Street in Lamar, Colorado

A Denver businesswoman has purchased the former L-M Drugstore in Holly and the accompanying second floor this past Monday, May 16.  She also owns the Alamo Hotel in Lamar, and has plans for the alteration of both properties.

The Alamo Hotel, purchased last year from the Lamar Housing Authority, has been converted into furnished and unfurnished rentals.  According to the owner, Farah Beheshti, there are now only two units available.  Most have been rented by corporations for their employees, but private citizens are renting as well.  Besheshti has plans to convert most of the Alamo’s ground floor into a small-scale restaurant with seating for 30-35 customers.  The menu will feature, but not be limited to Italian dishes. Breakfast, lunch and dinner will be available as well as pastries and premium coffees.  She said she will keep the menu light with pasta, soups and sandwiches.

The upper floor of the Holly property will be converted into five or six studio apartments or suites, depending on the available square footage.   The former drug store will feature both a comprehensive restaurant, employing a first class chef who, she says, enjoys a reputation through the southwest and has been featured in various publications.    A separate eatery will cater to a younger crowd, featuring a soda fountain, with a menu focusing on dishes such as hot dogs, hamburgers or finger foods.  The kitchen will also feature a bakery with various pastries for sale.

Beheshti said her design plans are being reviewed, and once any zoning and code issues have been resolved, the construction work will begin.  She had no specific timetable, but felt that work on both projects should begin this summer.

By Russ Baldwin