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    118 6th Avenue

    Ouray, CO 81427
    • $1,625,000
    • STATUS: Active
    • ON SITE: 241 Days
    • MLS #: 39197
    Price Reduced
    UPDATED: 17 min ago
    $1,625,000
    • 10
      BEDS
    • 0.16
      ACRES
    • 10
      BATHS
    • 1
      1/2 BATHS
    • 4,986
      SQFT
    • $326
      $/SQFT
    Neighborhood:
    None
    Type:
    Single-Family Home
    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 Properties. Data last updated: 2021-10-16T11:49:15.27.

    www.searchtelluriderealestate.com/homes/114286153
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    118 6th Avenue Ouray, CO 81427

    • Price: $1,625,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 39197
    10
    Beds
    10
    Baths
    1
    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) Extras Game RoomHot TubPatio/Deck Garage Off Street Uncovered Lofts None Open Area Parking 3 Car + Special Location Rural View Ouray AmphitheaterMt. Hayden

    Interior Features

    Appliances DishwasherDisposalDryerFreezerGas Oven/RangeMicrowaveRefrigeratorWasher Furnished Full

    Property Features

    Age 40+ Years Caretakers Unit Yes Communications Regular Phone Deed Restrictions None Disclosures None Electric Power Company Gas Natural Historical Qualification No Major Area 70 REO No Residential Type Within Township/City Limits RETT None Sanitation Sewer Short Sale No Sq Ft Source Assessor Tax Year 2020 Taxes 10464.00 Utility Phone Lines Regular Phone Utility Primary Heat Elec Base Water Public 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 Properties. Data last updated: 2021-10-16T11:49:15.27.

     
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    Telluride CO, 81435