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
August 3, 2020
Listing Status
Active
Days On Site
58
MLS#
38556

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 Full Baths
9,584 SQFT

Presented By Coldwell Banker Distinctive Properties, Bozeman

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Get in touch today! Phone: (406) 587-7653
Brokerage
Bozeman
(406) 587-7653
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Area Information

Ouray | Ouray County County |

$ 1,325,000
This listing is play_arrow 137.0% higher than the average in the area
$ 559,000 in the area
9,584 SqFt
This listing is play_arrow 403.9% larger than the average in the area
1,902 SqFt in the area
$ 138 $/SqFt
This listing is play_arrow 57.6% less than the average in the area
$ 326 $/SqFt in the area
58 days on site
This listing is play_arrow 73.5% below the average in the area
219 days on site in the area

Schools in the Area

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