232 Main St, Ouray, CO

Name: 232 Main St, For Sale in Ouray - eXp Realty
Brand: Wild West Realty, LLC
SKU: 836067
Price: 1695000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,695,000

554

MLS® 836067

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes

Days Active 7

Lot Size 0.1 Acres

Approx. Age 1888

MLS® Number 836067

Property Address: 232 Main St, Ouray, CO, 81427-5083

Average square foot calculated using Size range provided by listing agent.

Description

Location! Location! Location! Exceptional investment opportunity in the heart of beautiful Ouray, Colorado, otherwise known as the Switzerland of America, situated directly on Main Street and within easy walking distance to restaurants, shops, hot springs, hiking trails, world renowned Via Ferrata and Ice Climbing Park and all the attractions that make Ouray one of Colorado's most desirable mountain destinations. Originally built in 1888 and thoughtfully remodeled from top to bottom in 2019, this historic property seamlessly blends timeless character with modern comfort and convenience. The building features five separate turnkey 1-bedroom, 1-bath apartments, each equipped with a full kitchen and furnished for immediate operation. Current reservations and future bookings can transfer to the new owner, providing instant income potential from day one. Guests enjoy one of the "best seats in the house" from the expansive upper balcony, offering spectacular views of Ouray's renowned July 4th and New Year's Eve fireworks shows, along with breathtaking mountain scenery year-round. This property is truly an Investor's Dream, offering strong performance and attractive returns with a 6.6% CAP Rate and priced to sell. Additional features include a detached two-car garage with a large storage area above, plus abundant off-street guest parking behind the building. A significant advantage is that the property is not subject to City of Ouray short-term rental permit requirements, STR taxes, or related operational guidelines due to its zoning and tax classification, creating a rare and valuable opportunity in a market with increasing STR regulations. Whether you're seeking a proven income-producing asset, a legacy investment, or a premier hospitality property in one of Colorado's most picturesque mountain towns, this exceptional Main Street offering delivers location, income, flexibility, and historic charm in one remarkable package.

MLS® Number836067

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1888

BasementWalk Out Access

DrivewayDetached, Garage

Garage Spaces

HeatHot Water, Natural Gas

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 16, 2026List Date

$1,695,000List Price

Commute

Commute

Starting Address

Destination Address

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