303 6th Avenue

Ouray, CO 81427

About this property

Once in a lifetime turn-key opportunity!!! You will find this hotel in charming and historic Ouray also known as Little Switzerland of America. This one of a kind boutique hotel offers additional retail rental spaces as well. Built in the heyday of the mining boom in 1893 and right in the middle of town, it gives you walking distance to all the restaurants, shops and amenities of Ouray. Complete renovation and remodel done in 1993 to assure the building was in compliance with the current building and safety codes. The last five years have seen cosmetic and logistical upgrades throughout. Updated bedding, mattresses, towels, down pillows, lamps, light fixtures as well as internet and phone system. The unique antique furniture has been restored to its original beauty. The entire second floor hotel has new carpet as of November, 2019. The lobby area is custom built so that the front desk matches the historic staircase and gives you continuity of dcor throughout. This impressive building includes three retail units on the street level, one retail unit in basement with separate, covered stair entrance, on corner of 6th and Main and one additional small retail space, in back of lobby, on street level for a total of 5 units in addition to the 14 room boutique hotel on the second floor. All of the comfy 14 hotel rooms have a private bathroom which has been beautifully renovated complete with heated tile floors. Retail spaces are all currently occupied with existing leases in place. This will be your dream job/business. The charming and historic boutique hotel brings the guests back year after year. You grab up this deal and just take over the existing systems and business in place which includes the impressive website - and settle in to this amazing community. Its a beautiful place to call home and such a promising opportunity - must be seen to believe!

Date Added
March 17, 2020
Listing Status
Active
Days On Site
192
MLS#
767681

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Mixed Use
Sub-Type
Resale
Year
1893
Garage
0
Pool
No
Story(s)
3
Property View
No
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$2,475,000 Active
0 Beds
0 Full Baths
13,567 SQFT

Presented By Coldwell Banker Distinctive Properties

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Get in touch today! Phone: (877) 978-2978
Brokerage
Sun Valley Ketchum
(208) 622-3400
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Area Information

Ouray City | Ouray County |

$ 2,475,000
This listing is play_arrow 609.2% higher than the average in the area
$ 349,000 in the area
13,567 SqFt
This listing is play_arrow 2756.2% larger than the average in the area
475 SqFt in the area
$ 182 $/SqFt
This listing is play_arrow 75.2% less than the average in the area
$ 735 $/SqFt in the area
192 days on site
This listing is play_arrow 3.5% below the average in the area
199 days on site in the area

Schools in the Area

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