500 Main Street

    Fairplay, CO 80440
    • $972,500
    • STATUS: Active
    • ON SITE: 356 days
    • ID#: 9969248
    UPDATED: 209 min ago
    $972,500
    • 21
      BEDS
    • 0.67
      ACRES
    • 22
      BATHS
    • 0
      1/2 BATHS
    • 17,419
      SQFT
    • $56
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1923
    County:
    Area:

    School Ratings & Info

    School District:
    Offered by Cornerstone Real Estate Co, Llc.

    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!

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Wisdom Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.wisdomrealestate.com/homes/78346703

    500 Main Street Fairplay, CO 80440

    • Price: $972,500
    • Status: Active
    • Updated: 209 min ago
    • ID#: 9969248
    21
    Beds
    22
    Baths
    0
    ½ Baths
    0.67
    Acres
    17,419
    SQFT
    $56
    $/SQFT
    1923
    Built
    Neighborhood:
    Fairplay
    County:
    Park
    Area:
    Fairplay
    School District:
    Park County Re-2
    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!
    Exterior Features

    Architectural Style Victorian Construction Materials Wood Siding Construction Methods Other Exterior Features Covered Deck Lot Depth 118.00 Lot Width 256.00 Parking Off-Street (20 Spaces) Parking Features Driveway-Gravel Parking Total Searchable 20 Road Surface Paved Road Roof Composition Shingles Site Features Near Ski AreaRecreation Structural Style Multi-Story Style Characteristics Low Rise (1-3) Unit Access Corridor View Mountain ViewValleyMountain Property

    Interior Features

    Basement Finished YN No Basement Floor Type Crawl Space Basement Size Full Basement Type Standard Cooling None Heating Hot WaterRadiant Heating Fuel PropaneWood Sq Ft Above 14040 Sq Ft Basement 3379 Sq Ft Finished 14040

    Property Features

    Additional Information Income History Available Annual Expense Actual 84950 Annual Expense Proj 125000 Annual Income Actual 221000 Annual Income Proj 400000 Annual Net Income Actual 136050 Annual Net Income Proj 275000 Building Area Source County Records Building Name Fairplay-Valiton Hotel Building Type Low Rise (All Units) Business Type Bar/TavernMotel/HotelRestaurant Features Commercial ImprovementsRestaurant Has Hoa YN No Listing Financing CashConventionalJumbo Number Of Units Furnished 21 Owner Paid Utilities ElectricityInsuranceLawn ServiceMaintenancePhoneProperty TaxTelevisionTrashWater Potential Rental Income Annual 206000 Real Estate Taxes 9950 Reports Available LeasesProperty DisclosureSurvey Seller Type Corporation/Trust Status Conditions None Known Tax Amount 8987.00 Tax Year 2016 Transaction Type For Sale Unit Count 1 Water Annual Expense 12000 Zoning Commercial Hotel

    Listing courtesy of Cornerstone Real Estate Co, Llc: MLS #9969248


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Wisdom Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Wisdom Real Estate
    1740 High St
    Denver CO, 80218
    Offered by Cornerstone Real Estate Co, Llc.