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505 Main Street

Ouray, CO 81427
  • $7,250,000
  • STATUS: Active
  • ON SITE: 458 Days
  • MLS #: 772385
$7,250,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 15
    BATHS
  • 0
    1/2 BATHS
  • 30,946
    SQFT
  • $234
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1886
County:
Area:

School Ratings & Info

Listing courtesy of Liv Sotheby's International Realty - Telluride.


Description

Wonderful opportunity to own the iconic ''Flagship of the San Juans'', the luxurious Beaumont Hotel in downtown Ouray, Colorado. Built in 1886 and meticulously restored in 1998-2003 with estimates up to $24 million invested in saving & preserving much of the historic detail and it remains to this day in pristine condition. Overall revenues have been up the past three years and 2021 is off to a great start and will continue that trend. 30,000+ square feet of space, with multi-room spa, restaurant, glamorous martini bar & ballroom, conference room, three Main Street Retail spaces, large patio, fifteen guestrooms & so much more. This property must truly be seen to be appreciated. A truly turnkey Hotel. Past guests include Theodore Roosevelt, Herbert Hoover, Oprah Winfrey and many other dignitaries. Numerous Awards from Conde Nast, Trip Advisor, and many others. Purchase price includes real estate, all Fixtures, Furnishings and Equipment and a successful hotel business. Financials are available after signing a non-disclosure agreement. Ouray Colorado is booming. The "Outdoor Recreation Capital of Colorado is centrally located in Southwestern Colorado and the perfect getaway for explorations offering a treasure of unique experiences all year long. Unforgettable scenery, an authentic small town culture, weekly arts and cultural opportunities enable the guests to embark on endless adventures. Nestled in a canyon at the base of the stunning San Juan Mountains, this quaint town acts as a base camp for families and adventurers alike searching for memorable experiences in the great outdoors. What makes Ouray truly one-of-a-kind is its personality. Coupled with the majestic mountains and charming Victorian streets, the spirit of the Old West abounds in town and Ourays residents keep it alive through their friendliness, hospitality and genuine nature. Just fifty miles to cosmopolitan Telluride, ten miles to Ridgway with two major and two minor ski resorts nearby. Five airports are within 100 miles. Two National Parks are within 105 miles. Stake your claim on a piece of Colorado history!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Berkshire Hathaway HomeServices Western Colorado Properties contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-10-22T23:56:23.41.
www.homesforsaledurango.com/homes/108096008
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505 Main Street Ouray, CO 81427

  • Price: $7,250,000
  • Status: Active
  • MLS #: 772385
0
Beds
15
Baths
0
½ Baths
0.5
Acres
30,946
SQFT
$234
$/SQFT
1886
Built
Neighborhood:
Ouray City
County:
Ouray
Area:
Ouray City
Property Description
Wonderful opportunity to own the iconic ''Flagship of the San Juans'', the luxurious Beaumont Hotel in downtown Ouray, Colorado. Built in 1886 and meticulously restored in 1998-2003 with estimates up to $24 million invested in saving & preserving much of the historic detail and it remains to this day in pristine condition. Overall revenues have been up the past three years and 2021 is off to a great start and will continue that trend. 30,000+ square feet of space, with multi-room spa, restaurant, glamorous martini bar & ballroom, conference room, three Main Street Retail spaces, large patio, fifteen guestrooms & so much more. This property must truly be seen to be appreciated. A truly turnkey Hotel. Past guests include Theodore Roosevelt, Herbert Hoover, Oprah Winfrey and many other dignitaries. Numerous Awards from Conde Nast, Trip Advisor, and many others. Purchase price includes real estate, all Fixtures, Furnishings and Equipment and a successful hotel business. Financials are available after signing a non-disclosure agreement. Ouray Colorado is booming. The "Outdoor Recreation Capital of Colorado is centrally located in Southwestern Colorado and the perfect getaway for explorations offering a treasure of unique experiences all year long. Unforgettable scenery, an authentic small town culture, weekly arts and cultural opportunities enable the guests to embark on endless adventures. Nestled in a canyon at the base of the stunning San Juan Mountains, this quaint town acts as a base camp for families and adventurers alike searching for memorable experiences in the great outdoors. What makes Ouray truly one-of-a-kind is its personality. Coupled with the majestic mountains and charming Victorian streets, the spirit of the Old West abounds in town and Ourays residents keep it alive through their friendliness, hospitality and genuine nature. Just fifty miles to cosmopolitan Telluride, ten miles to Ridgway with two major and two minor ski resorts nearby. Five airports are within 100 miles. Two National Parks are within 105 miles. Stake your claim on a piece of Colorado history!
Exterior Features

Carport No Lot Dimension 100 X 230 Stories 3 Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 30946 Furn Fixt Equip IncludedList Provided With Nda One Quarter Baths 0 Total Offices 0

Property Features

Books Available Yes Cam No Covenants No Current Use General OfficeOffice WarehouseRestaurantBarRetail StorefrontLodgingSaloon Exchange Trade No Fixtures Included Yes Inventory Included Yes Lease Included No New Construction YN No Owners Association No Possible Property Use Bar/LoungeRestaurant Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Total Taxes 29919 Type Hotel/Motel Variable Rate No Water Rights No

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Berkshire Hathaway HomeServices Western Colorado Properties contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-10-22T23:56:23.41.
 
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Berkshire Hathaway HomeServices Western Colorado Properties
842 Main Ave
Durango CO, 81301
Listing courtesy of Liv Sotheby's International Realty - Telluride.