Email: info@prestigeauction.com

Call Us: 877-612-8494

7535 E Hampden Ave Denver, CO 80231

Email: info@prestigeauction.com

Call Us: 877-612-8494

OURAY, COLORADO

Real Estate Auction

SOLD AT ABSOLUTE AUCTION!

Will Sell ABSOLUTELY,

Regardless Of Price!

A prime location with unbeatable Main St. frontage to make your business skyrocket, this 1,600± sq. ft. property has 141± feet of Main Street frontage in Ouray, Colorado

YOU MISSED THIS OPPORTUNITY! IT'S SOLD!

BID, BUY AND OWN YOUR NEXT DEVELOPMENT PROJECT!!!

This property is an extremely lucky opportunity sitting right in the heart of commerce on Main street in Ouray, Colorado.

PROPERTY HIGHLIGHTS

If you are looking for a prime location with unbeatable Main St. frontage to make your business skyrocket, this 1,600± sq. ft. property has 141± feet of Main Street frontage; more frontage than most parcels in town. It is divided into three separate units that could be exclusively used for one business, or individually leased out for extra income, along with a separate office space, and exterior bathroom access. This place is a perfect stop for hungry tourists after a long day of driving. If you're looking to get your business up and running this is the place to be!


This property is an extremely lucky opportunity sitting right in the heart of commerce on Main street in Ouray, Colorado. Ouray is an historic mining town known as the “Switzerland of America”. A blissful mountain getaway with ample open space, historic sites, scenic value, and recreation just minutes away. If you are the outgoing type or have customers who love a good mountain adventure, there are abundant activities in the local area from hiking, to off road trails, camping and the world famous Ouray Hot Springs is just steps away. And is on the way to Telluride Ski Resort. But the magic and charm of Ouray really happens during the colder months, when the town becomes a snowy winter paradise.


The owners have recently modernized the building; This property now BOASTS new windows and doors, three new gas heaters, new plumbing, a new lawn irrigation system, new countertops, two new bathrooms and a mop room, a Rinnai tankless water heater, and an additional 40 gallon water heater in the kitchen. This property also features a charming outdoor space with a new concrete patio on the sides and front of buildings, a wishing well, permanent picnic tables, new concrete steps and a new retaining wall. This property has UPGRADED ACCESSIBILITY with a new wheelchair ramp and is fully fenced with 2 gates in front. Large open patios with incredible mountain views all around.


Permitted uses for the property:

  • Any use allowed in R-1 residential or R-2 high density residential zone districts
  • Retail shops
  • Professional and business offices
  • Financial institutions
  • Restaurants, bars, taverns, or other establishments serving food and/or alcoholic beverages.
  • Theaters
  • Government buildings and facilities
  • Private and fraternal clubs
  • Crafting of art, collectibles, handicrafts, etc. for sale on the premises (provided that no more than 50% of the premises is utilized for this purpose.)
  • Outdoor displays of merchandise in compliance with the requirements of Chapter 13 of the Municipal Code.

Don’t miss this opportunity to BID, BUY, OWN your next development project!

Live On-Site Auction event on Thursday, September 17th at 1:07 PM MT.

Ouray, Colorado Details

Auction Type: ABSOLUTE AUCTION

Broker CO-OP 2.5%


Auction Property Address: 920 Main Street, Ouray, CO 81427


Auction Date and Time: Thursday, September 17 | 1:07 PM MT


Auction Previews:

Saturday, August 29 | 12 PM - 2 PM

Wednesday, September 2 | 10 AM - 2 PM

Saturday, September 5 | 12 PM - 2 PM

Wednesday, September 9 | 10 AM - 2 PM

Saturday, September 12 | 12 PM - 2 PM


Bidding: Buyers Premium - 10%

Property Highlights

Property type – Business space best used as a restaurant/retail

Building size –1600± sq ft.

Lot size – 6950 sq ft.

Number of units – 3 with additional 2 offices

Road frontage – 141 feet

Taxes – 2020: $7,337.92

3 gas heaters, Multiple swamp coolers and ceiling fans.

Outdoor dining space, with permanent tables and a wishing well

Recently remodeled; New windows, doors, plumbing, lawn irrigation, countertops.

2 restrooms with external access

Wheelchair accessibility ramp

Commercial kitchen fixtures

Rinnai tankless water heater

Additional 40-gallon water tank

All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. Prestige Real Estate Auction, LLC is an agent of the seller. Announcements take precedence over printed materials. Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state.


For Complete Terms & Conditions, go to the Property Information Packet on this website.

Location

From I-70 in Grand Junction take CO-50 E, through Delta and Montrose. In Montrose, take the CO-550 through Ridgway and Portland until you arrive in Ouray. The property is located just after the hot springs pool.


Call Us At: 877-612-8494 For Inquiries


Email: info@prestigeauction.com

920 Main St, Ouray, CO 81427, USA

Terms & Conditions

Will ABSOLUTELY Sell: NO Minimum Bid!

Brokers Welcome - Broker Co-Op 2.5%


Bidders Registration: All prospective buyers must register to bid. A $20,000.00 cashier’s check or certified check or wire transfer payable to United Country Real Estate- Prestige Auction, LLC will be required to bid at the auction. A 10% buyer’s premium will be added to final bid and included in total Contract Price, a 10% non-refundable earnest money deposit will be due immediately after being declared the buyer. The remainder of the earnest money deposit can be paid by check or wire transfer. This amount will be applied to the purchase price and will be deposited in the brokers escrow account. The $20,000.00 cashier’s check will be immediately returned in the event the bidder is unsuccessful. Bidder must sign and submit Terms and Conditions, Bidder Registration Form and Property Information Package Receipt along with certified funds to receive a bidder number.

Phone and On-line Bidding: Phone and On-line bidding is available. Registration must be completed 48 hours prior to the auction. All terms will apply as if you were participating at the auction in person. Wire transfer of the $10,000 will be required. Please contact Auction Company for full details.


Closing: The remaining balance of the Contract Price is due in cash or new loan at closing within 30 days of the close of the auction. A Special Warranty Deed will be supplied by the seller at the seller’s expense giving marketable title subject to restrictions of record. Taxes & Home Owners Association fees are pro-rated. Title insurance will be at the buyer’s expense.


No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing and there are no financing contingencies. We encourage you to have a full written approval before bidding. The balance is due in cash or new loan at closing within 30 days.


Bidder Information Package: A Package of information has been assembled for this property and including: disclosures, title documentation, HOA docs etc.


Property Previews: Public Previews are scheduled on specific dates and times. It is highly recommended that all bidders personally inspect the property prior to placing any bids in the auction. Property inspections are the sole responsibility of the bidders.


Conduct of Auction: Conduct of auction and bidding increments are at the discretion of United Country Real Estate- Prestige Auction, LLC. United Country Real Estate- Prestige Auction, LLC reserves the right to deny any person admittance to the auction.


Broker Participation Invited: A 2.5% Broker CO-OP is being offered to the broker that brings the successful high bidder. Brokers must register their buyer 48 hours in advance subject to established United Country Real Estate- Prestige Auction, LLC guidelines. Contact our office for more information 877-612-8494.


Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. There are no warranties either expressed or implied pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to bidding. All information is deemed reliable but not guaranteed- you must do your own due diligence.

Prestige Real Estate Auction


7535 E Hampden Ave

Denver, CO 80231


Phone: 877-612-8494

Email: info@prestigeauction.com

8055 E Tufts Ave Suite 1235, Denver, CO 80237, USA

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