426 Main Street, Ouray, CO 81427 - For Sale
The building is being sold "as is where is and how is." Agents working with buyers must call the listing office for a showing appointment, DO NOT BOTHER THE OWNERS OR ANY OF THEIR HELP. Limited books will be available. This is one of the best investment opportunities in the area. The Bon Ton Restaurant is leased until December 2017 with a 5 year option to renew (the lease is a NNN with all items being prorated based upon percent of usage for utilities and sq. ft. allocation). Currently the owners are operating the St. Elmo Hotel, with the anticipated profit from the St. Elmo and the rental income from the Bon Ton Restaurant the current asking price is about a 9% CAP rate. Limited books are avaliable.
426 Main Street - listing #1142022
- Type: Income/Investment
- Price: $895,000
- MLS#: 564483
- Letest update: 04/25/14
Status: For Sale
Added: 2013-09-15 Updated: 2014-04-25
Ouray, CO 81427 US
970-626-5400 for more details.
Useful information about Ouray, CO 81427 location:
The population of this area is about 976. The Average count of Households in this area is 716. Black population is about 3, White Population is about 948, Hispanic Population is about 56, Asian Population is about 6, Hawaiian Population is about 1, Indian Population is about 1, Other Population is about 4. Average Houses in this area is 224,300. Average Income per Household is $36,893. Median Age of population is 43.4 years.
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Realtor Info
Agent Name: Alan Stapleton
Phone#: 970-626-5400
