118 6th Avenue Ouray, CO $ 2,950,000
118 6th Avenue
$ 2,950,000
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118 6th Avenue

Ouray, CO, 81427
$ 2,950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 20,375

Listed by Century 21 Elevated Real Estate
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Commercial Property for sale in Ouray, CO

for $2,950,000. This building was built in 1979 on a lot size of 0.15.

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.”

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Commercial Active

Price

$ 2,950,000

Property Type

Commercial

Taxes

$ 18,859

Style

Chalet

Lot Size

0.15

Year Built

1979

Town/City

Ouray

County/Region

Ouray

MLS | Web ID

9552270

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Connected Internet Access (Wired) Natural Gas Connected Phone Connected Sewer Connected
Roof Composition
Zoning R2
Garage Spaces 0
Architectural Style Chalet
Construction Materials Frame Wood Siding
Year Built 1979
Property Subtype Special Purpose
Current Use Commercial
Parcel Number R000887
County Ouray
Property Type Commercial Sale
HOA N
Attached Garage N
Directions Main Street (Hwy 550) south to 6th Avenue turn right (W) and proceed to the property two blocks down on the right (North side of the street).
City Ouray
Senior Community Y/N N
Number Of Units Total 12
Lot Size Units Square Feet
Lot Size Square Feet 6665
Carport Spaces 0
Property Attached Y/N N
Tax Annual Amount 18859
Virtual Tour https://my.matterport.com/show/?m=k9C8x8jeRMd
Standard Status Active
Freehold IDX
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Exterior
Parking Features Driveway-Gravel
Lot Features Cul-De-Sac
Water Source Public
Lot Size Area 6665
Lot Size Acres 0.15
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* Excluded Features
List By
Century 21 Elevated Real Estate

Broker

dan.bishop@realestategj.com,970-216-4622

Contact

Affordability Calculator

$21,947
Per Month
93%
7%
0%
Monthly Principal & Interest
$20,375
Monthly Property Taxes
$1,572
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$2,950,000 Listed Price

Map


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118 6th Avenue, Ouray, CO, 81427 is a Commercial Property for sale at $2,950,000 with a lot size of 0.15. 118 6th Avenue was built in 1979. The property's zip code is 81427 which is in Ouray, CO