$475,000

619 Main Street

Ouray CO, 81427

Description

One of three contiguous buildings that are for sale in the Heart of Ouray! This is the sunny, uphill side of the street, with great parking and visibility. Looking for a multi-use, value priced property that allows you to have leased income space with the added bonus to build additional residential/commercial/multi-use space? This is it! Currently the building is being used as retail commercial space, with the Ouray Glassblower up front, workspace in back, and a ramp that leads up to an outside display-work area out back. The square footage indicated is the single level building out front, but perhaps the 'what's not there yet' is of greatest value. The building only occupies half the lot, and zoning allows for up to three floors and an almost complete footprint back to the alley, so there's space to add another 8000 square feet of multi-use building! Should you be interested in purchasing all three commercial buildings-which have been owned by the same family for 40 years, you could own everything from Duckett's Market to the Ouray Brewery! This would be a 75x142 square foot lot, and would allow a 30,000 sq ft building. Leases would need to be honored, and City officials contacted-but imagine 30 townhomes/condos, a high end spa/hotel, a mixed use commercial and residential building-all with some of America's best views. Visit with agent about development ideas.

Details

MLS#752691
StyleHouse
Sub-TypeResale
StatusActive
Year1898
Days On Site341

Features

SQ Feet1,610
Story(s)1 Story
Acreage0.06

Additional Information

Taxes2944.96

Market Activity 81427

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Area Information

StateCO
CountyOuray
CityOuray
Zip Code81427
AreaOuray City
Middle SchoolOuray 7-8
High SchoolOuray 9-12
Listing VS Median (in 81427)
Price:
$475,000
low | high
Med:
$344,500
77.473684210526% of Average
SqFt:
1,610
low | high
Med:
1,535
54.689440993789% of Average
$ / SqFt:
$295
low | high
Med:
$225
73.8130855177% of Average
On Site:
341
low | high
Med:
209
100% of Average
Listing Updated: 11/11/2019
MLS Number: 752691
Listing Provided By:
Todd Schroedel  of  United Country Sneffels Realty



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