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118 6th AvenueOuray, CO 81427Price: $1,675,000

  • Price: $1,675,000
  • Est. Mortgage of $/month
  • 49 Days on Market
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$/month over payments
Federal 30-year interest rate: 2.96% last updated on May 6, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,675,000List Price
  • 10Bedrooms
  • 1979Year Built
  • 4,986Square Feet
Listed by Jason Raible of LIV Sotheby's International Realty - Telluride

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Purpose built as a large Bed & Breakfast in one of the most desirable high mountain towns in Colorado, the Black Bear Manor B&B is now offered for sale. Commercial/Residential zoning could allow a conversion into a 10 bedroom single-family residence. This successful, turnkey business and real estate (4986 s.f. livable on a 6969 s.f. in-town lot) included in this offering has been in operation since 1992 with nine spacious guest rooms, all having en-suite baths and external access. Included is an owners/manager's quarters that can be converted to a 10th guest room if desired. A substantial basement remains available for storage or future expansion. The 1696 s.f. wrap-around deck has picnic tables, a porch swing, umbrellas, café-style outdoor seating, and a year-round guest hot tub. The 3rd floor observatory offers a 270-degree view of the spectacular big mountain peaks that surround and tower over this location. There is a wrap-around deck on both floors and ALL rooms have an external entrance except for the owner's quarters (room #1), however one could be added. Owner's quarters could be converted into a guest suite for additional income. All rooms have their own private bathroom, some with whirlpool tubs and three with fireplaces. Recent upgrades include a new boiler, new equipment in the commercial kitchen, new commercial laundry machines, new security surveillance system, and A/C in all guest rooms. The Uncompahgre River runs nearby at the very end of 6th Avenue. The property is served by high speed fiber optic internet. Financials available with signed NDA - please inquire with Broker.

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 The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than Grace Golden Country Homes LLC contain that company's name.
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The data on this site was last updated May 11, 2021

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