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118 6th Avenue

Ouray, CO 81427
  • $1,625,000
  • STATUS: Active
  • ON SITE: 249 Days
  • MLS #: 39196
UPDATED: 52 min ago
$1,625,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 4,986
    SQFT
  • $326
    $/SQFT
Neighborhood:
None
Type:
Commercial
Built:
1978
County:
Ouray
Area:
Ouray - 74 (Major Area 70)

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Description

10.5% projected CAP rate in 2021! This is the best income producing commercial property for sale in Ouray today. NOW IS YOUR CHANCE to Live/Work/Invest in one of the most beautiful mountain towns in the Rocky Mountain West! Occupying a premium location just 200 feet from the the Uncompahgre River near the bottom of 6th Avenue in downtown Ouray, the Black Bear Manor has been a successful, established business for almost 30 years...and in 2021 is recording all-time high reservation and revenue numbers. Purpose built as a Bed & Breakfast (not a retro fitted house), the Black Bear Manor is offered turn-key ready and fully furnished with everything necessary for a smooth take over. Offered at only $325 PER FINISHED SQUARE FOOT - a tremendous value for an asset of this size and location.

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© Copyright 2021 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Telluride Standard | Coldwell Banker Distinctive Properties. Data last updated: 2021-10-24T11:49:13.837.

www.telluridestandard.com/homes/114284861
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118 6th Avenue Ouray, CO 81427

  • Price: $1,625,000
  • Status: Active
  • Updated: 52 min ago
  • MLS #: 39196
0
Beds
9
Baths
0
½ Baths
0.16
Acres
4,986
SQFT
$326
$/SQFT
1978
Built
Neighborhood:
None
County:
Ouray
Area:
Ouray - 74 (Major Area 70)
Property Description
10.5% projected CAP rate in 2021! This is the best income producing commercial property for sale in Ouray today. NOW IS YOUR CHANCE to Live/Work/Invest in one of the most beautiful mountain towns in the Rocky Mountain West! Occupying a premium location just 200 feet from the the Uncompahgre River near the bottom of 6th Avenue in downtown Ouray, the Black Bear Manor has been a successful, established business for almost 30 years...and in 2021 is recording all-time high reservation and revenue numbers. Purpose built as a Bed & Breakfast (not a retro fitted house), the Black Bear Manor is offered turn-key ready and fully furnished with everything necessary for a smooth take over. Offered at only $325 PER FINISHED SQUARE FOOT - a tremendous value for an asset of this size and location.
Exterior Features

Construction Frame Exterior Finish Wood (Painted) Land Sq Ft 6969.00 Level Below GradeStreet LevelUpper Level Parking Design Open Special Location Rural View Ouray AmphitheaterMt. Hayden

Interior Features

Appliances Commercial KitchenDishwasherDryerFreezerGas Oven/RangeMicrowaveRefrigeratorWasher Total Units 10

Property Features

Business Inclusions BooksClients ListFixtures IncludedInventoryName Commercial Type Commercial Spaces Disclosures None Electric Power Company Gas Natural Historical Qualification No Major Area 70 Possession Transfer Of Deed REO No RETT None Sanitation Sewer Short Sale No Sq Ft Source Assessor Tax Year 2020 Taxes 10464.00 Tenants 9 Utility Phone Lines Regular Phone Utility Primary Heat Elec Base Utility Tv Service Satellite Water City Year Remodeled 1992.00 Zoning Residential/Commercial

Listing provided courtesy of Jason K. Raible of Liv Sotheby's International Realty - Transfer Telluride.
© Copyright 2021 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Telluride Standard | Coldwell Banker Distinctive Properties. Data last updated: 2021-10-24T11:49:13.837.

 
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Telluride Standard | Coldwell Banker Distinctive Properties
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Telluride CO, 81435