Prime Commercial Property in the Heart of Downtown Ouray â?? Endless Possibilities! Looking for an excellent location in Ouray with unlimited potential? This versatile property offers a rare opportunity to own a high-visibility commercial space right in the heart of downtown. Property Highlights: Total Space: 5,215 sq. ft. divided into two separate units Unit 1: Previously used as a large office spaceâ??ideal for offices, a medical clinic, retail store, or other commercial use. Features great natural light and excellent street presence. Unit 2: Currently operating as a retail business. Prime Location: Situated on 7th Avenue beneath the well-known Ouray Hardware and Mercantile building. Just steps from popular restaurants, shops, and other downtown attractions. Connectivity: Internet available. Bonus Opportunity: An additional 2,029 sq. ft. space is also available. This unit is listed separately and the price is $495,000 or all 3 spaces can be purchased together for $1,300,000. Perfect for a condo conversion, retail shop, or office. This unit requires a buildout and is priced at $495,000.
Black Bear Manor is a premier turnkey bed and breakfast offered at $2,950,000 with an impressive 8.7% CAP rate with a10.5% CAP projected for 2026. Ideally located at the end of a quiet dead-end street just steps from Main Street and theUncompahgre River, this beautifully maintained inn offers guests the perfect blend of mountain tranquility and walkable accessto the heart of Ouray. The property features ten well-appointed guest rooms, each with a private bathroom and both interiorand exterior entrances in 9 of the 10 rooms, providing comfort, privacy, and an efficient layout for owner-operators orhospitality investors. The inn has benefited from extensive 2024â??2025 improvements, including all-new Trex decking andbalconies, a full exterior repaint, and the complete transformation of Room 1 into a luxurious honeymoon suite. Additionalupgrades include two new staff lodging rooms, a full remodel of the observatory with fresh paint, carpet, and furnishings, anupdated kitchen, a redesigned outdoor sitting area with a new fountain, upgraded décor and supplies throughout, improvedparking lot drainage, a rebuilt roof over the hot tub, drainage and backhoe work around the property, window and sill repairs,new carpet and paint in multiple rooms, dining room enhancements with new countertops and furniture, a new tool shed, andrefreshed bathrooms and ceiling fans. These thoughtful updates, combined with the propertyâ??s strong reputation andestablished guest base, create a rare opportunity for an owner-operator seeking onsite living and strong income potential or aninvestor looking for a profitable, professionally managed asset. With peaceful riverside ambience, mountain views, andimmediate access to dining, shopping, and attractions in Ourayâ??s historic district, Black Bear Manor offers a truly exceptionallodging experience in the â??Switzerland of America.â? Information deemed reliable but not guaranteed. Buyer to verify all tosatisfaction. Terms subject to change without notice.
Turnkey Restaurant & Live/Work Opportunity in the Heart of Ouray, Colorado Prime Main Street Commercial Space with Residential Option and Proven Income Potential Located in the most desirable stretch of Ourayâ??s historic Main Street, this versatile commercial and mixed-use property offers the rare opportunity to own a turnkey business space with live/work potential in the heart of Coloradoâ??s most scenic mountain town. Part of the well-designed Spaulding Condominiums, Unit #3 has been home to successful restaurants for decades â?? including the beloved Timberline Deli â?? and is now ready for its next visionary owner. Entrepreneurs will love the flexible layout and multiple revenue streams this space can support. The main level features two public entrances, a welcoming ordering and display area perfect for food service or retail, a fully equipped commercial kitchen, and a spacious dining or showroom area highlighted by hardwood floors, large picture windows, and a cozy gas fireplace beneath soaring 12-foot tongue-and-groove ceilings. Attached to the commercial space is a private residential suite with a Murphy bed, full bathroom, walk-in closet, and separate entry â?? ideal for owner occupancy, short-term rental income, or a live/work configuration (subject to HOA and town approval). The property also includes valuable outdoor dining or display space, with seating on the Main Street sidewalk and an expansive private concrete patio along the north side, bringing total usable space to approximately 2,000 square feet. The sale includes all restaurant furnishings, fixtures, and equipment, offering a turnkey launch opportunity for your next venture. Whether your vision is a boutique café, artisan bakery, co-working hub, gallery, retail shop, or adventure-tour headquarters, this location provides unbeatable visibility, heavy foot traffic, and the authentic small-town charm that draws thousands of visitors to Ouray â?? the â??Switzerland of Americaâ? â?? every year. Enjoy the best of both worlds: a thriving business environment surrounded by stunning mountain scenery, endless outdoor recreation, and a supportive year-round community of entrepreneurs and creatives. This is more than a property â?? itâ??s a lifestyle investment in one of Coloradoâ??s most picturesque and business-friendly towns. Call today to explore how you can bring your mountain business dream to life in downtown Ouray!
A historic mixed- use building in the middle of Ouray that has been a locals favorite for many years. Located â??on the 50 yard lineâ? of the business district, this has been a great watering hole and restaurant for generations. Currently it houses the popular businessâ?¦Full Tilt Saloon, a Bar & Grill. The business is not for sale. ONLY THE BUILDING IS FOR SALE. The building can be enlarged by more than 1,500 sq.ft., by expanding to the Northern lot line. If the building were to be enlarged with another level then even more expansion could be achieved. There is currently about 4,275 sq.ft. of gross building area which includes the current restaurant and bar operation, Full Tilt Bar & Grill, plus two residential apartments; one a two bedroom, one bath and the other a two bedroom, and 1.5 baths. A double garage is located on the alley behind the building. The restaurant is on two levels, with food and beverage storage, beer coolers, and delivery receiving areas on the lower level. Two half baths for patrons is located on the main level. The main bar is one of the largest antique bars in the City of Ouray. This could be an opportunity for a restaurant and bar operator to have a business in the middle of all the Ouray activity on Main Street, or an investor may want to continue receiving rents from the bar/restaurant and residential units. Donâ??t hesitate, this opportunity wonâ??t last long!
Fantastic commercial mixed-use/residential building located in the heart of downtown Ourayâ??known as the â??Switzerland of America!â? This property is an ideal live/work opportunity and offers a total of four units. The spacious upper-level apartment features two bedrooms and two bathrooms, an open kitchen/living area with large windows and stunning views, a generous laundry/utility room, a walk-in closet in the primary bedroom, and a lovely private deck. The main level includes two additional one-bedroom, one-bath apartments, as well as a commercial space currently operating as a charming hair salon. The property is zoned Commercial, allowing short-term rentals without an STR permit, meaning the units are not subject to STR taxes or permit caps. The front deck provides impressive views of Cascade Falls and the surrounding mountains. Please note: No FF&E is included in the sale. A 24-hour notice is required for all showings.
Prime Commercial/Mixed-Use property located on the best side of Main Street right in the core of Ouray! This is Unit #3 of the Spaulding Condominiums, a cleverly designed residential and commercial complex with sensible guidelines. This unit has been a favorite restaurant for decades! The main core includes two entry areas off the west patio area. The south portion includes the reception/ordering area, with cases for ice cream, pastries and beverages and the main kitchen located behind. You'll especially like the tin raised ceilings. The north side of the building is a comfortable dining area with hardwood floors, oversized windows, a cozy natural gas fireplace and 12 foot high tongue and groove ceilings. There are doors opening to a private residential space, which opens up possibilities(check with HOA and Town) for long and short term rentals as well as the very hard to find Live/Work configuration. This space currently has a murphy bed, and the door in the back opens to a bathroom with shower and a walk-in closet that has additional storage space above. There is significant additional space included with the unit-in addition to the 1304 square feet. There is seating space out front on the sidewalk side, and the entire northern part of the building includes a concrete patio space that is part of the unit's ownership. In all, this brings the usable space to roughly 2000 square feet. Additionally, there's a full length storage room near the back that the unit shares, and common areas provide access to the back. Any and all former restaurant aspects of this beautiful building are excluded from the sale. The former name and business aspects of the restaurant are not included. The restaurant equipment and furnishings are available outside of the sales contract. Also-the ski lift seat outside will be retained by the Sellers. While this space has been perennially used as a restaurant, there are so many other uses. Professional Office Space, Retail Sales, manufacturing, Tours and Outdoor Sales, Art Studio, Ice Cream Parlor and other restaurant ideas are just a start. You've been looking for that opportunity create or expand your creative vision in the Switzerland of America! Here's a way to do it in an ideal space where you can move right in. Call for more information today!
INVESTOR'S DREAM! This unique property has a current Cap Rate of approximately 15% with current listing price. The property, originally constructed in 1888 and completely renovated in 2019, has 5 separate, private 1 bedroom/1 bath apartments approximately each 450 sq feet. Each apartment comes completely furnished with a full kitchen and all its kitchenware. It is completely turnkey. Currently 4 of the 5 apartments are short term vacation rentals and 1 has a long-term tenant in it. (No Lease) Also included is a 2 car detached garage with storage above. Located on the very popular Main Street in beautiful Ouray, CO, otherwise known as the Switzerland of America, this place is in the perfect location and walking distance to shops, restaurants, hiking trails, hot springs, Ice Park, Via Ferrata, mountain climbing and more. With its unique balcony sitting over Main St, there isn't a better place to view the extraordinary fireworks display with mountain background on the 4th of July and NYE! This place has endless possibilities! Give us a shout!
Don't miss this once in a lifetime Opportunity to own this Boutique Hotel known as the Historical Beaumont Hotel. Sitting downtown Beautiful Ouray, CO, this Luxurious Hotel is such a large part of the History of this small quaint Colorado town known as ''Switzerland of America'' being surrounded by the Mountain Ranges of he San Juans. The Beaumont was built in 1886 and went through a major renovation from 1998-2003 with an investment up to $24 Million. More importedly was the preservation of the historical detail of the Hotel which you will see throughout the building. Boutique, with fifteen rooms and yet 30,000+ square feet of space which includes a Spa with multiple treatment rooms, Conference Room, Private Martini Lounge, Ball Room perfect for events, Restaurant and courtyard.
TONS OF FLEXIBILITY. The entire first floor of the building, just off main street in the center of historic Ouray. Two condos, one zoned commercial and one zoned residential, have been combined into one 1140 square foot unit. The units are currently used as residential, but could be all or part commercial. This opportunity offers tons of flexibility to create what works for you. Short term rentals permitted in this location. Currently set up a a 3 bedroom with a large living area, one bathroom and a small kitchenette.
Wonderful opportunity to own the iconic Flagship of the San Juans, the luxurious Beaumont Hotel & Spa. Revenues up each of the last 4 years. Built in 1886 & meticulously restored in 1998-2003 with estimates up to $24 million invested in saving & preserving much of the historic detail & it remains in pristine condition. 30,000+ square feet of space, with multi-room spa, restaurant, glamorous martini bar & ballroom, conference room, 3 leased Main Street Retail spaces, large patio, 15 guestrooms & so much more. This property must truly be seen to be appreciated. Turnkey. Past guests include Theodore Roosevelt, Herbert Hoover, Oprah Winfrey & many other dignitaries. Numerous Awards from Conde Nast, Trip Advisor & others. Stake your claim on a piece of Colorado history!
Ouray is located in Colorado. Ouray, Colorado has a population of 1,009. Ouray is more family-centric than the surrounding county with 21.53% of the households containing married families with children. The county average for households married with children is 21.16%.
The median household income in Ouray, Colorado is $65,647. The median household income for the surrounding county is $67,228 compared to the national median of $69,021. The median age of people living in Ouray is 49.2 years.
The average high temperature in July is 77.4 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 24.3 inches per year, with 133.6 inches of snow per year.
