210 7th Avenue

Ouray, CO 81427

About this property

Built in 1892 on Seventh Avenue near Second Street in beautiful downtown Ouray, Colorado is the Historic Western Hotel & Saloon, one of the largest and oldest wooden hotels from Colorado's storied early mining era. Now, 127 years after its grand opening, the Western is ready to be taken into the future. The rich legacy of the Western makes it a perfect asset for the historic preservationist, the hotelier/restauranteur or a creative redeveloper. Because the Western is a contributing property to the Ouray Historic District on the National Register of Historic Places, there is a 35% state tax credit and 20% federal state tax credit for renovation work. You can potentially get $.55 back in tax credits on every $1 spent on qualified restoration work. +/- 15,000 gross square feet under roof!

Date Added
June 26, 2018
Listing Status
Active
Days On Site
506
MLS#
36044

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Industrial
Sub-Type
Resale
Year
1891
Garage
0
Pool
No
Story(s)
1
Property View
No
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$1,325,000 Active
0 Beds
0 Baths
9,584 SQFT

Presented By Coldwell Banker Distinctive Properties, Sun Valley

Get in touch today! Phone: (208) 622-3400
Brokerage
Sun Valley Ketchum
(208) 622-3400
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Area Information

Ouray | Ouray County County |

$ 1,325,000
This listing is play_arrow 278.6% higher than the average in the area
$ 350,000 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
506 days on site
This listing is play_arrow 7.7% above the average in the area
470 days on site in the area

Schools in the Area

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