Commercial Sale · Active

207 Elm Street

Leadville, CO 80461

$1,150,000

Mixed Use

Property Type

0.12 acres

Lot Size

1965

Year Built

4794119

MLS #

About This Property

The Old Tale Inn offered for sale in the heart of Leadville. Ideally situated just off Harrison Avenue, this charming, turn-key mountain inn benefits from strong year-round tourism, walkability to restaurants, shops, and local attractions, and a loyal guest following. It is a fully self-service boutique hotel with secure keyless entry and seamless digital check-in, and no front desk required. The property features recently renovated interiors and exteriors, while preserving its classic Leadville character and historic charm.

Well-maintained guest accommodations and thoughtful updates create an authentic boutique lodging experience with modern functionality. Known for its inviting atmosphere, the Old Tale Inn is a recognizable hospitality asset in one of Colorado’s most storied high-altitude towns. Offered as a fully operational hotel, this is a rare opportunity for an owner-operator or investor seeking a turn-key asset in a supply-constrained mountain market. The property’s existing layout and room configuration may also lend itself well to housing.

210 days on market

Listed by Michael Corbey · Realspace Commercial Real Estate Llc · mike@realspacecommercial.com

Last updated: 7/27/2026 3:41 PM · Source: REcolorado®, MLS#: 4794119

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
MLS # 4794119
Days on Market 210

More Details

Year Built 1965
Lot Size (Sq Ft) 5,227
Acres 0.12
Annual Taxes $15,402
State CO
County Lake
Zoning R2

Exterior & Parking

Roof Metal

Building & Lot

Construction Frame, Wood Siding, Wood Siding
Sewer Public Sewer
Water Source Public

Location

Price History

DateEventPrice
3/24/2026 Listed for sale
Source: REcolorado® #4794119
$1,150,000

Based on information submitted to the MLS GRID as of October 20, 2026 at 11:42 AM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated July 27, 2026 at 3:41 PM.

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