Lts 18-19 Bl 8 Main Street

Ouray, CO 81427

About this property

Never again--really never again-will you have the opportunity to have two adjacent building lots on the west side of Main Street in Ouray! These are two 25x142 foot lots, right in Ouray's core, and the fact that they are adjacent gives you so many possibilities for what you create. All properties located in the important heart of Town--basically on Main Street and within 1/2 block of Main Street need to have a retail component directly off of the sidewalk. The remainder of the structure can be a mixture of commercial and residential. There's a dramatic lack of residential spaces, so some would say creating an apartment building, a boutique hotel, condominiums, or even separate buildings with combinations of residential and commercial spaces would be ideal uses. There is lots of room here, because you can create a three story building with even a rooftop space to take in incredible views. Only lots on the west side of the street offer a gently slope down to the alley in the back, so access to the lower level off of the alley is easy. The seller always envisioned a lower level garage that is entered off of the alley. From here a central elevator would lead to a second floor commerical area with apartments of condominium configuration in the back half and lofts upstairs. Minimal setbacks allow for beautiful deck spaces surrounding the perimeter of the three floors of the building. The two lots each have their own legal descriptions, and could be sold separately. The seller will only sell them together-but what you do in the future is up to you. Buy and hold or sell off one of the lots when the time is right. All utilities-while not included-are available--City water and sewer-natural gas-conventional power-excellent Internet providers. Ready to buy that perfect property-right in the core of Ouray-before someone else grabs it? This is the one for you!

Date Added
July 5, 2020
Listing Status
Active
Days On Site
77
MLS#
771719

Features and Additional Information

Lot Size
6,970 SqFt
Acreage
0.16
Property Type
Land
Style
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
Property View
No
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$389,000 Active
0 Beds
0 Full Baths
0 SQFT

Presented By Coldwell Banker Distinctive Properties, Grand Junction

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Get in touch today! Phone: (970) 243-0456
Brokerage
Grand Junction
(970) 243-0456
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Area Information

Ouray City | Ouray County |

$ 389,000
This listing is play_arrow 14.4% higher than the average in the area
$ 340,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
77 days on site
This listing is play_arrow 165.5% above the average in the area
29 days on site in the area

Schools in the Area

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    Elementary School
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