118 6th AvenueOuray, CO 81427MLS Number 39196

  • Price: $1,595,000
  • 337 Days on Market
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Federal 30-year interest rate: 3.45% last updated on Jan 13, 2022
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  • 0Acreage
  • 10Bathrooms
  • 1978Year Built
  • 4,986Square Feet
11% CAP rate in 2021! Live/Work/Invest in beautiful Ouray. 9 diverse guest rooms spread across two floors with private bathrooms and direct access to the outside plus spacious common areas and onsite owner/manager quarters. Almost 5000 livable square feet on a large lot with wrap around decks and a big basement. A premium quiet location just 200 feet from the Uncompahgre River 2 blocks from Main Street in downtown Ouray. Purpose built as a Bed & Breakfast (not a retro fitted house), the Black Bear Manor is recording record occupancy & revenue numbers in 2021. Business & real property now offered turn-key ready and fully furnished with everything necessary for a smooth take over. Offered at only $319 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 Bath10
  • LevelBelow Grade, Street Level, Upper Level
  • Year Built1978

Property

  • Lot4
  • Property View DescriptionOuray Amphitheater, Mt. Hayden

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

Other

  • Historical QualifctnNo
  • View Count87

Basic Information

  • Bathroom10
  • Date Listed02/16/2021
  • DisclosuresNone
  • List Price$1,595,000
  • 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 AmenitiesBasement

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