242 7th Avenue Ouray, CO 81427

This commercial building is currently divided into two units. The office unit is listed for lease and is vacant, while the second unit is occupied on a month-to-month basis by Ouray Mountain Guides, with rent of $500 per month plus utilities and property taxes. The property previously functioned as one larger retail space and could potentially be reconfigured to serve a single larger user, subject to applicable approvals and buyer due diligence.

The building is located on 7th Avenue in Ouray, Colorado, within the City’s C-1 Commercial District. C-1 zoning is intended to support the downtown business district and may accommodate retail, office, service-based businesses, and other uses consistent with a traditional downtown setting, as well as residential and institutional uses, subject to approvals.

From an operational standpoint, the site is positioned for flexible tenancy and business planning, with practical commercial layout features and identified utility infrastructure, including public sewer, electric, natural gas, water service, and single-phase power. For an owner-user, the vacancy provides immediate leasing optionality, while the existing second unit offers continuity under current month-to-month occupancy. For investors or operators, the building’s ability to support office or retail concepts and potentially return to a unified retail format adds practical versatility in a market where large, flexible space can be difficult to find.