Ask Robert Gash, ALC
Location, Location, Location! Here is your chance to own a lovely commercial building in the heart of the Ouray business district. Ouray is also known as the Little Switzerland of America. The city of Ouray got its start in the 1880's as a Victorian mining town. Ouray is rich in history and this lovely commercial building is no exception, as it was built in 1890. Much of the original character has been retained, such as the exposed brick walls, but there is nothing old about the modern amenities of this lovely historical building. This property offers the potential of multiple income streams. It features a retail space on Main Street, which is currently leased by Ouray Meat & Cheese Market. Above the retail space is a very chic 2 bedroom, 2 bath apartment with exposed brick, granite kitchen counter tops and loads of character. This unit is currently used as a short term nightly rental. The recent remodel added an owner's unit, which features a kitchenette, 3/4 bath and a rooftop deck with some of the best views in town. This deck offers amazing views of the mountains surrounding Ouray and is a wonderful place to enjoy the 4th of July fireworks show. There is also opportunity to tap into more income by renting the owner's unit as a separate short term rental or it could be used as a third bedroom/bath to rent along with the two bedroom apartment. There is so much potential here and finding a historical building in Ouray, that has modern updates, with retained character is rare indeed! The two apartment units come fully furnished, along with everything you need to rent out the spaces, such has dishes, pots, pans and linens. Over the years Ouray has transitioned into a year-round tourist destination, that draws people from around the world. These folks come to enjoy our numerous hiking trails, restaurants, hot springs pool, jeeping and ice climbing. However, for the folks who call Ouray home, it has retained a vibrant sense of community with churches, the Elk's Lodge and the Wright Opera House which offers year round entertainment and a place for private parties. So, if you are simply looking for a place to call home and want to offset your expenses, this is the perfect property. Don't let this opportunity pass you by, give us a shout today and come see this amazing property.
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Listed By: Lee Ann Parden of Wild West Realty, Llc