118 6th AvenueOuray, CO 81427MLS Number 39196

  • Price: $1,625,000
  • 242 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0Acreage
  • 9Bathrooms
  • 1978Year Built
  • 4,986Square Feet
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.
Listed by Jason K. Raible of LIV Sotheby's International Realty - Transfer Telluride

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More Info

Basic Information

  • Business InclusionsBooks, Clients List, Fixtures Included, Inventory, Name
  • Units10

Building

  • Building ConstructionFrame
  • Full Bath9
  • LevelBelow Grade, Street Level, Upper Level
  • Year Built1978

Property

  • Lot4
  • Property View DescriptionOuray Amphitheater, Mt. Hayden
  • Year Remodeled1992

Utilities

  • ElectricPower Company
  • GasNatural
  • SanitationSewer
  • Utility Info Phone LinesRegular Phone
  • Utility Info Primary HeatElec Base
  • Utility Info TVS erviceSatellite
  • WaterCity

Parking

  • ParkingDesign Open

Location

  • AreaOuray - 74 (Major Area 70)
  • CountyOuray County
  • Directions38.6 miles from the Montrose (MTJ) airport. Drive down Main Street to 6th Avenue, turn right, and proceed to the property on the right. 6th Avenue is basically the center of the historic downtown.
  • MLS Area MinorOuray
  • Major Area70
  • Special LocationRural
  • TownOuray

Exterior

  • Exterior FinishWood (Painted)

Property Information

  • Land Sq Ft6969

Basic Information

  • Bathroom9
  • Date Listed02/16/2021
  • DisclosuresNone
  • List Price$1,625,000
  • MLS Number39196
  • Property TypeCommercial
  • Source Sq FtAssessor
  • Square Feet4,986
  • StatusACT
  • Tax Year2020
  • Taxes$10,464
  • TypeCommercial Spaces
  • Virtual TourView Tour

Amenities

  • Appliances Included
    • Commercial Kitchen
    • Dishwasher
    • Dryer
    • Freezer
    • Gas Oven/Range
    • Microwave
    • Refrigerator
    • Washer
  • HOA Mangment Company InfoSelf-managed

Other

  • Historical QualifctnNo
  • View Count69

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