$650,000

617 Main Street

Ouray CO, 81427

Description

Come take a look at this 4000 square foot residential/commercial building right in the heart of Ouray! This is part of three contiguous buildings that occupy the space between Ducketts Market and the Ouray Brewery. All three are for sale, and the owner would have a 75x142 ft lot--1/4 acre in all. Because zoning allows no setbacks on the front and sides and three stories in height there is the possibility of a 30,000 square foot building! This specific building is roughly 2000 square feet on the lower level and 2000 square feet up. The lower level is the the Silver Eagle Saloon, and the upper level is a two bedroom apartment, currently occupied by the operators of the Saloon. The structure's leased for $1500 triple net per month, so the new owner will have dependable income. What's especially important to note however is that the existing structure only occupies 80 feet of the lot, so much of the lot is vacant. In other words, you could build a 4500 square foot three level building behind without hindering the existing building at all! The existing structure was built in the 80's so the 'bones' are good, allowing the possibility of a third floor as well. Call agent for additional development and use ideas.

Details

MLS#752350
StyleHouse
Sub-TypeResale
StatusActive
Year1972
Days On Site364

Features

Bed(s)2
Bath(s) 1 Full, 2 Half
SQ Feet3,960
Story(s)1 Story
Acreage0.08

Additional Information

Taxes3270.98

Market Activity 81427

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Area Information

StateCO
CountyOuray
CityOuray
Zip Code81427
AreaOuray City
Middle SchoolOuray 7-8
High SchoolOuray 9-12
Listing VS Median (in 81427)
Price:
$650,000
low | high
Med:
$324,500
100% of Average
SqFt:
3,960
low | high
Med:
1,508
100% of Average
$ / SqFt:
$164
low | high
Med:
$216
18.710726351351% of Average
On Site:
364
low | high
Med:
243.5
100% of Average
Listing Updated: 11/16/2019
MLS Number: 752350
Listing Provided By:
Todd Schroedel  of  United Country Sneffels Realty



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