Commercial Sale · Active
Ouray, CO 81427
5 Baths · 3,408 Sq Ft
$1,695,000
Mixed Use
Property Type
0.1 acres
Lot Size
1888
Year Built
$497
Price per Sq Ft
836066
MLS #
About This Property
Location! Location! Location! Exceptional investment opportunity in the heart of beautiful Ouray, Colorado, otherwise known as the Switzerland of America, situated directly on Main Street and within easy walking distance to restaurants, shops, hot springs, hiking trails, world renowned Via Ferrata and Ice Climbing Park and all the attractions that make Ouray one of Colorado's most desirable mountain destinations.
Originally built in 1888 and thoughtfully remodeled from top to bottom in 2019, this historic property seamlessly blends timeless character with modern comfort and convenience. The building features five separate turnkey 1-bedroom, 1-bath apartments, each equipped with a full kitchen and furnished for immediate operation. Current reservations and future bookings can transfer to the new owner, providing instant income potential from day one. Guests enjoy one of the "best seats in the house" from the expansive upper balcony, offering spectacular views of Ouray's renowned July 4th and New Year's Eve fireworks shows, along with breathtaking mountain scenery year-round.
This property is truly an Investor's Dream, offering strong performance and attractive returns with a 6.6% CAP Rate and priced to sell. Additional features include a detached two-car garage with a large storage area above, plus abundant off-street guest parking behind the building. A significant advantage is that the property is not subject to City of Ouray short-term rental permit requirements, STR taxes, or related operational guidelines due to its zoning and tax classification, creating a rare and valuable opportunity in a market with increasing STR regulations. Whether you're seeking a proven income-producing asset, a legacy investment, or a premier hospitality property in one of Colorado's most picturesque mountain towns, this exceptional Main Street offering delivers location, income, flexibility, and historic charm in one remarkable package.
127 days on market
Listed by Lee Ann Parden & Sharon Wild · Wild West Realty, LLC · leeannbroker@gmail.com
Property Details
| Property Type | Commercial Sale |
| Sub Type | Mixed Use |
| Status | Active |
| Price per Sq Ft | $497 |
| Subdivision | Other |
| MLS # | 836066 |
| Days on Market | 127 |
| Full Baths | 5 |
| Year Built | 1888 |
| Lot Size (Sq Ft) | 4,356 |
| Acres | 0.1 |
| Annual Taxes | $14 |
| Tax Year | 2025 |
| State | CO |
| County | Ouray |
| Zoning | Commercial |
| Heating | Boiler |
| Garage | Yes |
| Parking Features | Off Street, Garage, 2-10 Total Spaces |
| Roof | Shingle |
| Sewer | Public Sewer |
| Water Source | Public, Water Installed |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 6/19/2026 |
Listing removed Source: Colorado Real Estate Network (CREN) #836067 |
— |
| 6/15/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #836066 |
$1,695,000 $497/sqft |
| 6/14/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #839303 |
$1,695,000 $497/sqft |
| 6/14/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #836067 |
$1,695,000 +342.6% $497/sqft |
| 9/2/2004 |
Sold Source: Telluride Association of REALTORS® #16699 |
$383,000 -3.0% $112/sqft |
| 7/13/2004 |
Listed for sale Source: Telluride Association of REALTORS® #16699 |
$395,000 $116/sqft |
SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.
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