Historic Hotel with
For Sale
$2,400,000
500 Main Street, Fairplay, CO 80440
1925 historic hotel with 25 rooms and an on-site restaurant, currently used for workforce housing and income-producing dining.
Days on Market143
Property Features for 500 Main Street
General Information
Standard status
Active
Property subtype
General Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1925
Listing Agency:
Paffrath & Thomas R.E.S.C
(970) 453-0466
Listed By:
Luke Paffrath
Source:
Xome
Added: Mar 10
Changed: Jul 10
Last Checked: Jun 14 at 1:56AM
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 Paffrath & Thomas R.E.S.C
Investment Insights
Based on property information with market context.
Built in 1925, this National Registry of Historic Places property has been revived as a 25-room hotel. Major upgrades include renovated bathrooms and bedrooms, new windows throughout the building, a new boiler, new plumbing, and fresh exterior and interior paint. The property also operates a fully functional restaurant with a welcoming patio.
Located along the Hwy 285 corridor in Fairplay, the property is positioned for regional access. The Summit Stage bus stop is only a block away, providing direct access to Breckenridge, and the Breckenridge Ski Area is approximately 30 minutes from the property.
The existing layout supports hospitality use while the current operations show suitability for workforce housing. The on-site restaurant is currently leased to Salon Mexico, adding an additional operating component for an owner seeking a mixed-use hospitality asset with historical character and upgraded building systems.
Located along the Hwy 285 corridor in Fairplay, the property is positioned for regional access. The Summit Stage bus stop is only a block away, providing direct access to Breckenridge, and the Breckenridge Ski Area is approximately 30 minutes from the property.
The existing layout supports hospitality use while the current operations show suitability for workforce housing. The on-site restaurant is currently leased to Salon Mexico, adding an additional operating component for an owner seeking a mixed-use hospitality asset with historical character and upgraded building systems.
Key Highlights
- Historic 1925 hotel property on the National Register of Historic Places (formerly the Valiton Hotel) with 25 rooms
- Major upgrades include renovated bathrooms and bedrooms, new windows throughout, new boiler, all‑new plumbing, and new exterior/interior paint
- On‑site restaurant with welcoming patio; restaurant space currently leased to Salon Mexico
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 1925 historic hotel with 25 rooms and an on-site restaurant, currently used for workforce housing and income-producing dining.
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: Historic 1925 hotel property on the National Register of Historic Places (formerly the Valiton Hotel) with 25 rooms; Major upgrades include renovated bathrooms and bedrooms, new windows throughout, new boiler, all‑new plumbing, and new exterior/interior paint; On‑site restaurant with welcoming patio; restaurant space currently leased to Salon Mexico
