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500 Main Street, Fairplay, CO 80440

$972,500

  • For Sale
  • Active
  • Multi-Family
  • 21 Units
  • 0.67 Acres
500 Main Street, Fairplay, CO 80440View this property at 500 Main Street, Fairplay, CO 80440
500 Main StreetFairplayCO80440
Property Description
Amazing opportunity for an owner/operator or investor to buy the Historic Fairplay-Valiton Hotel. The grand hotel boasts 20 guest rooms with extensive upgrades throughout. The on-site restaurant/saloon, run as the South Park Pub & Grill, is popular with guests & locals. The hotel's location on the Hwy 285 corridor & scenic 30 minute drive to Breckenridge draws guests from all over the world. Built in 1923, the hotel is listed on the National Registry of Historic Places. Park County is booming!

Full Property Details for 500 Main St

General

  • Price: $972,500
  • Taxes: $8,987 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 9969248
  • Updated: 3/18/2018
  • Added: 323 day(s) ago

Exterior

  • Exterior Features: Covered Deck

Parking

  • Total Spaces: 20
  • Parking Features: Driveway-Gravel

Location

  • County: Park
  • Neighborhood: Fairplay
  • Building Name: Fairplay-Valiton Hotel
  • Driving Directions: From Fairplay at 295, Head North on Hwy 9, Hotel at corner of 5th and Hwy 9

School Information

  • School District: Park County RE-2

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Radiant
  • Heating Fuel: Propane, Wood

Structural Information

  • Architectural Style: Victorian, Multi-Story, Low Rise (1 to 3 Levels)
  • Construction: Other
  • Exterior Const.: Wood Siding
  • Basement Desc.: Standard, Standard, Full
  • Roof: Composition Shingles
  • Square Feet: 17,419
  • Sq. Ft. Source: County Records
  • Down/Basement: 3,379 Sq. Ft.
  • Above Ground: 14,040 Sq. Ft.
  • Below Ground: 3,379 Sq. Ft.
  • Finished Total: 14,040 Sq. Ft.
  • Finished Below Grnd: 3,379 Sq. Ft.
  • Year Built: 1923

Unit Information

  • Units Furnished: 21

Lot Features

  • Property View: Mountain View, Valley, Mountain Property
  • Lot Size (Acres): 0.67
  • Lot Size (Sq. Ft.): 29,059
  • Lot Dimensions: 118 x 256
  • Lot Depth: 118
  • Lot Features: Near Ski Area, Recreation
  • Zoning: Commercial Hotel

Financial Considerations

  • Annual Water Fee: $12,000
  • Tax Amount: $8,987
  • Tax Year: 2016

Disclosures and Reports

  • APN: 300

Listed by Cornerstone Real Estate Co, LLC

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Schools

Schools serving 500 Main St

Score
Name
Grades
Distance
NR
Edith Teter Elementary School
640 Hathaway St, Fairplay, CO 80440
PK-5
0.1 mi
NR
Silverheels Middle School
635 Hathaway St, Fairplay, CO 80440
6-8
0.1 mi
4
640 Hathaway St, Fairplay, CO 80440
9-12
0.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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Community Info

Community Info for 500 Main St

Listed by Cornerstone Real Estate Co, LLC

500 Main Street, Fairplay, CO 80440 (MLS# 9969248) is a Multi-Family property with 21 units containing 0 bedrooms and 0 full bathrooms. 500 Main Street is currently listed for $972,500 and was received on October 31, 2017. Want to learn more about 500 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Fairplay? You can browse all Fairplay real estate or contact a Coldwell Banker agent to request more information.