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210 7th Avenue
Ouray, CO 81427

$1,325,000

Baths: 4 | 4
Sq. Ft.: 9,584
Type: Commercial
Listing #38556
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!
Property Features
Location Information
County: Ouray County
MLS Area: Ouray - 74 (Major Area 70)
Subdivision: None
Interior Features
Full Baths: 4
1/2 Baths: 4
Appliances: Commercial Kitchen
Total Number of Units: 14
Exterior Features
Sanitation: Sewer
Water: City
Parking Description: On Street
Lot Size in Acres: 0.13
Zoning: Commercial
Additional Information
Property Type: COM
Property SubType: Commercial Spaces
Year Built: 1891
Status: Active
Deed Restrictions: Total of 36 rooms
RETT: None
Tax Year: 2017
Tax Amount: 6, 506
Legal: See attached
Disclosures: None
Square Feet Source: Assessor


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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
Jason K. Raible
LIV Sotheby's International Realty - Transfer Telluride
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Telluride data last updated at October 19, 2020 10:09 PM MT