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Cody Walker

cody@sourceofhome.com +1(619) 733-2250

$2,950,000

Est. payment - /mo

4,986 SqFt

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Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 4,986 sqft

Price per Sqft $591

MLS Listing ID 9552270

Style Chalet

HOA Y/N No

Year Built 1979

Annual Tax Amount $18,859

Tax Year 2024

Lot Size 6,665 Sqft

Acres 0.15

Property Sub-Type Special Purpose

Source recolorado

Property Description

Black Bear Manor is a premier turnkey bed & breakfast located at 118 6th Street in the heart of Ouray. Offered at $2,950,000 with an 8.7% CAP rate, this beautifully maintained and extensively upgraded inn features ten well-appointed guest rooms, each with a private bathroom, and nine offering both interior and exterior entrances. Perfectly situated on a quiet dead-end street just steps from Main Street and the Uncompahgre River, the property provides guests with an ideal blend of peaceful mountain ambiance and walkable access to dining, shopping, and attractions. Recent 2024–2025 improvements include new Trex decking and balconies, a full exterior repaint, a complete remodel of Room 1 into a luxury honeymoon suite, two newly added staff lodging rooms, a fully refreshed observatory with new paint, carpet, and furniture, and a remodeled outdoor sitting area with a new fountain. Additional updates include upgraded furnishings and décor, parking lot regrading, rebuilt roof over the hot tub, drainage work, window and carpet updates, dining room enhancements, a new tool shed, and various bathroom and interior improvements. With its strong performance, established guest base, and flexible potential for either owner-occupancy or professional management, Black Bear Manor offers an exceptional opportunity for investors seeking a high-quality, income-producing asset in the “Switzerland of America.”

Location

State CO

County Ouray

Zoning R2

Interior

Fireplace N

Exterior

Parking Features Gravel

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected, Sewer Connected

Roof Type Composition

Total Parking Spaces 12

Garage No

Building

Lot Description Cul-De-Sac

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=k9C8x8jeRMd

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Listed by Century 21 Elevated Real Estate

Nearby School & Business

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Cody Walker

+1(619) 733-2250

Agent | FA.100072314

Agent FA.100072314

118 6th AVE Ouray, CO 81427

Cody Walker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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