Some say it's haunted. It once had an underground tunnel leading to ouray's ''red light'' district. Now celebrating over 125 years since its grand opening in 1891, the 3 story historic western hotel and saloon is one of the of largest and oldest wooden structures from colorado's victorian mining era, and a contributing property to the ouray historic district on the off national register of historic places. Full restoration of this grande dame will likely qualify for a state historical fund grant and may be eligible for a 20% federal income tax credit. With +/- 11, 500 square feet under roof this is a historically intact unique asset for the hotelier/restauranteur or commercial/residential redeveloper.
Listed by Jason K. Raible of TELLURIDE SOTHEBY'S INTERNATIONAL REALTY