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Built in 1892 on Seventh Avenue near Second Street in beautiful downtown Ouray, Colorado is the Historic Western Hotel & Saloon, one of the largest and oldest wooden hotels from Colorado's storied early mining era. Now, 127 years after its grand opening, the Western is ready to be taken into the future. The rich legacy of the Western makes it a perfect asset for the historic preservationist, the hotelier/restauranteur or a creative redeveloper. Because the Western is a contributing property to the Ouray Historic District on the National Register of Historic Places, there is a 35% state tax credit and 20% federal state tax credit for renovation work. You can potentially get $.55 back in tax credits on every $1 spent on qualified restoration work. +/- 15,000 gross square feet under roof!

Property Details of 210 7th Avenue

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Listed by Jason K. Raible of LIV Sotheby's International Realty - Transfer Telluride

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