505 Main Street
505 Main Street Ouray, Colorado 81427 United States

$7,250,000
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Wonderful opportunity to own the iconic ''Flagship of the San Juans'', the luxurious Beaumont Hotel in downtown Ouray, Colorado. Built in 1886 and meticulously restored in 1998-2003 with estimates up to $24 million invested in saving & preserving...

Listing Courtesy of LIV Sotheby's International Realty - Telluride

Listing Courtesy of LIV Sotheby's International Realty - Telluride
$7,250,000
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9
Full Baths
.5 Acres
Exterior
Commercial
Property type
1886
Year Built
772385
Web Id
772385
MLS ID
461
days ago

About 505 Main Street

Wonderful opportunity to own the iconic ''Flagship of the San Juans'', the luxurious Beaumont Hotel in downtown Ouray, Colorado. Built in 1886 and meticulously restored in 1998-2003 with estimates up to $24 million invested in saving & preserving much of the historic detail and it remains to this day in pristine condition. Overall revenues have been up the past three years and 2021 is off to a great start and will continue that trend. 30,000+ square feet of space, with multi-room spa, restaurant, glamorous martini bar & ballroom, conference room, three Main Street Retail spaces, large patio, fifteen guestrooms & so much more. This property must truly be seen to be appreciated. A truly turnkey Hotel. Past guests include Theodore Roosevelt, Herbert Hoover, Oprah Winfrey and many other dignitaries. Numerous Awards from Conde Nast, Trip Advisor, and many others. Purchase price includes real estate, all Fixtures, Furnishings and Equipment and a successful hotel business. Financials are available after signing a non-disclosure agreement. Ouray Colorado is booming. The Outdoor Recreation Capital of Colorado is centrally located in Southwestern Colorado and the perfect getaway for explorations offering a treasure of unique experiences all year long. Unforgettable scenery, an authentic small town culture, weekly arts and cultural opportunities enable the guests to embark on endless adventures. Nestled in a canyon at the base of the stunning San Juan Mountains, this quaint town acts as a base camp for families and adventurers alike searching for memorable experiences in the great outdoors. What makes Ouray truly one-of-a-kind is its personality. Coupled with the majestic mountains and charming Victorian streets, the spirit of the Old West abounds in town and Ourays residents keep it alive through their friendliness, hospitality and genuine nature. Just fifty miles to cosmopolitan Telluride, ten miles to Ridgway with two major and two minor ski resorts nearby. Five airports are within 100 miles. Two National Parks are within 105 miles. Stake your claim on a piece of Colorado history!

Listing Courtesy of LIV Sotheby's International Realty - Telluride, CREN MLS

ADDITIONAL INFORMATION

Number of Units
15
Listing Courtesy of LIV Sotheby's International Realty - Telluride

Listing Courtesy of LIV Sotheby's International Realty - Telluride

Listing Courtesy of LIV Sotheby's International Realty - Telluride

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