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Two-Unit Mixed-Use Building
For Sale
$949,000

242 7th Avenue, Ouray, CO 81427

C-1 zoning supports commercial and residential uses consistent with applicable approvals.

Property Size5,213 SF
Price / SF$182.04
Days on Market159

Property Features for 242 7th Avenue

General Information

Standard status Active
Size 5,213 SF
Property subtype Office
Zoning C-1

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Keller Williams Realty Southwest Associates, LLC - Montrose
Listed By: Colleen Aller · License #FA100097828
Source: Avenuesboutiquerealestate
Added: May 27 Changed: Oct 30 Last Checked: Oct 30 at 3:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Southwest Associates, LLC - Montrose

Rey
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Investment Insights

Based on property information with market context.

The 5,213-square-foot property was built in 1900 and is currently configured as two units. One is office space, vacant and listed for lease; the other is occupied month to month by Ouray Mountain Guides. The units were previously combined as a single retail space and may be opened into a larger area. Building services include public sewer, water, electricity, natural gas, and single-phase power.

Located in Ouray, Colorado, the property is within the C-1 Commercial District. The district accommodates commercial and residential uses consistent with applicable approvals. Current configuration includes office space and a separate occupied unit.

Key Highlights

  • 5,213 square feet; built in 1900
  • Two units; previously configured as one retail space
  • C‑1 Commercial District zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service HVAC Service Bakery Auto Parts Store Garden Center Carpet & Flooring Store

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 81427, CO

1,099
Population
953
Households
1.2
Avg Household Size
50
Median Age
61%
College-Educated
96%
High-School Grad
74.7 sq mi
ZIP Area
15
Density / Sq Mi
$82,851
Median Household Income
$43,500
Median Earnings
$954
Median Rent
$562,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-1 zoning supports commercial and residential uses consistent with applicable approvals.
Where is this mixed-use property located?
The property is located at 242 7th Avenue Ouray, CO.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 5,213 square feet; built in 1900; Two units; previously configured as one retail space; C‑1 Commercial District zoning
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