118 6th AvenueOuray, CO 81427MLS Number 39197
- Price: $1,625,000
- Est. Mortgage of $/month
- 242 Days on Market
Active
- 10Bedrooms
- 0Acreage
- 11Bathrooms
- 1978Year Built
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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Parking
- Open Area Parking3 Car +
- ParkingOff Street Uncovered
Building
- Square Feet4,986
- Building ConstructionFrame
- Flex Room1
- Full Bath10
- Garage Sq Ft
- Half Baths1
- LoftsNone
- Year Built1978
Interior
- FurnishedFull
Exterior
- Exterior FinishWood (Painted)
Amenities
- Appliances Included
- Dishwasher
- Disposal
- Dryer
- Freezer
- Gas Oven/Range
- Microwave
- Refrigerator
- Washer
Other
- CommunicationsRegular Phone
- ExtrasGame Room, Hot Tub, Patio/Deck
- Historical QualifctnNo
- View Count25
Basic Information
- Bedrooms10
- Bathroom11
- Age40+ Years
- Date Listed02/16/2021
- DisclosuresNone
- List Price$1,625,000
- MLS Number39197
- Property TypeResidential
- Source Sq FtAssessor
- StatusACT
- Tax Year2020
- Taxes$10,464
- TypeWithin Township/City Limits
- Virtual TourView Tour
Property Information
- Caretakers UnitYes
- Land Sq Ft6969
Legal
- Deed RestrictNone
- LegalLot 4, Munn Park, Section 31, Township 44, Range 7
- ZoningResidential/Commercial
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
Property
- Acreage
- Lot4
- Property View DescriptionOuray Amphitheater, Mt. Hayden
- Year Remodeled1992
Utilities
- ElectricPower Company
- GasNatural
- SanitationSewer
- Utility Info Phone LinesRegular Phone
- Utility Info Primary HeatElec Base
- WaterPublic