Rare Opportunity in Downtown Ouray: The Mission Rock Triplex
Address: 115, 117, 119 7th Avenue
www.missionrockouray.com
A Historic Gem Reimagined
Discover an exceptional investment or private retreat in the heart of Ouray, Colorado—a rare residential triplex offering short-term rental (STR) licenses, no HOA dues, and lots of use flexibility for the new owner. Occupying a large downtown gated corner lot with a central courtyard, this unique property seamlessly blends historic charm and modern convenience.
-- PROPERTY HIGHLIGHTS --
Three Independent Units:
* 117 7th Avenue (#2): Spacious 3-bed, 2-bath, 2,070 sq. ft. residence with 225 sq. ft. of storage.
* 119 7th Avenue (#1): Upper-level 3-bed, 2-bath unit with a loft, vaulted ceilings, and 1,454 sq. ft. of living space.
* 115 7th Avenue (#3): Stand-alone historic cottage (c. 1900) featuring 1 bed, 1 bath, a loft, and 761 sq. ft. of character-filled space.
* Zoning for Short-Term Rentals: One of the few downtown properties with approved zoning for STRs, offering three streams of potential rental income.
* Flexible Use Potential: Options to sell individual units, lease for vacation rentals, or maintain the property as a private, multi-residence compound.
* Prime Downtown Location: Situated diagonally across from the iconic Western Hotel, this pedestrian-friendly location is just steps from Ouray's vibrant amenities—boutique shops, spas, breweries, fine dining, and renowned hiking trails.
* A Rare Value Proposition: With a total of 4,285 livable square feet (per Assessor, $560/sq. ft.), Mission Rock represents a tremendous value when compared to the current cost of new construction. Move-in ready and bursting with charm, this property is a savvy investment opportunity or an idyllic retreat for the discerning buyer.
Offered furnished at $2,400,000
To learn more or to schedule a tour, contact:
Jason K. Raible
LIV Sotheby’s International Realty
970-729-0720
jay@telluride-colorado.com
Explore the property virtually at www.missionrockouray.com.
Note: Livable square footage is a net "paint-to-paint" measurement, exclusive of structural elements.