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    505 Main St Ouray, CO 81427
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    Property profile & analytics

    505 Main St, Ouray, CO 81427

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    • Hotels
    • 6,684 SF
    • 0.33 lot acres
    Historic Hotel & Spa on Main Street For Sale
    $9,300,000
    30,946 SF

    Historic Hotel & Spa on Main Street

    Historic boutique hotel and spa with leased street-level commercial spaces and on-site dining, event and lodging operations.

    505 Main Street, Ouray, CO 81427
    View Listing
    Property ID
    US13-1659479
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 505 Main St

    Year built
    1886
    Lot size
    0.33 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    451531209011
    APU
    451531209011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 27, 2023 — Elv Property Holdings LLC — Deed · related $4M · Chad Shannon Leaver Etal
    Oct 5, 2010 $2,960,000 Longshot Ventures LLC High Peak Resources INC Warranty Deed $2.9M · High Peak Resources INC

    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,325,000
      Current use
      OFFICE BUILDING
      $2,030,000
      Change: +53% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ouray
    County
    Ouray
    State
    Colorado
    Longitude
    -107.671
    Latitude
    38.0219
    CBSA code
    33940
    CBSA name
    MONTROSE, CO MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $56,093
    $109,920
    $860,350
    $970,270
    -
    $717,600
    $4,822,330
    $5,539,930
    View Listing
    More about this property
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