Commercial Sale · Active
Fairplay, CO 80440
0 Baths
$2,400,000
Commercial Sale
Property Type
0.67 acres
Lot Size
1925
Year Built
S1068450
MLS #
About This Property
Rare investment opportunity in the heart of the up and coming town of Fairplay. Built in 1925, this unique property is listed on the National Registry of Historic Places. Formerly known as the Valiton Hotel, this 25-room hotel property has been brought back to life with major upgrades including renovated bathrooms, bedrooms, new windows throughout entire bldg, new boiler, all new plumbing, new exterior and interior paint job. The property also includes a fully functional restaurant with a welcoming patio, offering strong income potential and a unique guest experience.
Restaurant space currently leased to Salon Mexico. Conveniently located along Hwy 285 corridor and only 30 minutes to the Breckenridge Ski Area. The Summit Stage bus stop is only a block away and provides direct access to Breckenridge making it highly attractive for both tourists and workforce housing. Rare chance to own a piece of history in a rapidly growing area with exceptional investment upside. This property is currently being used for workforce housing. Great opportunity for workforce housing, affordable housing, and or Hotel investment property.
172 days on market
Listed by Luke Paffrath · Paffrath & Thomas R.E.S.C · (970) 453-0466
Property Details
| Property Type | Commercial Sale |
| Status | Active |
| Subdivision | FAIRPLAY |
| MLS # | S1068450 |
| Days on Market | 172 |
| Year Built | 1925 |
| Lot Size (Sq Ft) | 29,059 |
| Acres | 0.6671 |
| Annual Taxes | $17,488 |
| Tax Year | 2025 |
| State | CO |
| County | Park |
| Heating | Baseboard, Central, Hot Water, Natural Gas, Wood Stove, Common |
| Cooling | None |
| Parking Features | Parking Pad |
| Roof | Asphalt |
| Sewer | Public Sewer |
| Water Source | Public |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 5/5/2026 |
Listed for sale Source: Altitude MLS #S1068450 |
$2,400,000 +191.8% |
| 6/20/2019 |
Sold Source: Altitude MLS #S1011837 |
$822,500 -16.0% |
| 1/1/2019 |
Listed for sale Source: Altitude MLS #S1011837 |
$979,000 +30.5% |
| 8/7/2014 |
Sold Source: Altitude MLS #S386375 |
$750,000 -4.5% |
| 12/27/2013 |
Listed for sale Source: Altitude MLS #S386375 |
$785,000 |
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