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 left from the victorian mining era in colorado, and a contributing property to the ouray historic district on the national register of historic places. The storied legacy of this iconic hotel property is beyond compare...Including an underground tunnel to ouray's ''red light district'' that was closed with stone & mortar in 1916. 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