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Historic 25-Room Hotel
For Sale
$2,400,000

500 Main Street, Fairplay, CO 80440

COMMERCIAL - FAIRPLAY, CO

Property SizeContact for details
Lot Size0.67 Acres
Days on Market93

Property Features for 500 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision FAIRPLAY
Standard status Active
APN 300
Lot size 0.67 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 17488

Utilities

Heating system Wood, Baseboard, Oil, Wood Stove, Central, Natural Gas

Building Details

Year built 1925
Roof type Asphalt
Listing Agency: Paffrath & Thomas R.E.S.C
Listed By: Luke Paffrath
Added: May 5 Changed: Aug 4 Last Checked: Aug 5 at 9:06AM
MLS# S1068450

Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Historic 25-room hotel property built in 1925 and listed on the National Register of Historic Places. The building has been brought back with major upgrades, including renovated bathrooms and bedrooms, new windows throughout the entire building, a new boiler, all new plumbing, and new exterior and interior paint. The property is currently being used for workforce housing.

The site is 0.6671 acres and includes a fully functional restaurant with a welcoming patio. Restaurant space is currently leased to Salon Mexico. The property sits along the Hwy 285 corridor, with the Summit Stage bus stop only a block away and direct access to Breckenridge Ski Area approximately 30 minutes away.

Additional property details include central heating plus oil, wood stove, wood, baseboard, and natural gas heat sources, with an asphalt roof.

Key Highlights

  • Built in 1925 and listed on the National Register of Historic Places
  • 25‑room hotel with renovated bathrooms, bedrooms, and new windows throughout
  • New boiler, all new plumbing, and new exterior and interior paint

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 80440, CO

2,564
Population
2,509
Households
1
Avg Household Size
43
Median Age
37%
College-Educated
98%
High-School Grad
324.6 sq mi
ZIP Area
8
Density / Sq Mi
$99,583
Median Household Income
$53,832
Median Earnings
$1,884
Median Rent
$448,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Historic hotel property listed on the National Register with extensive renovations and a fully functional on-site restaurant.
Where is this hotel located?
The property is located at 500 Main Street Fairplay, CO.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Built in 1925 and listed on the National Register of Historic Places; 25‑room hotel with renovated bathrooms, bedrooms, and new windows throughout; New boiler, all new plumbing, and new exterior and interior paint
More about this property
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