Ouray Commercial Auction

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Pueblo Land Auction


ABSOLUTE AUCTION!!

Will Sell ABSOLUTELY Regardless of Price!!


This is your opportunity to BID, BUY, and OWN This Prime Commercial Property in Majestic Ouray Colorado!

Live On-Site Auction event on Thursday, September 17 at 1:07 PM MT | Online Bidding Available 


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 modernized the building; the property BOASTS newer windows and doors and three gas heaters. Some additional features of this property include 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,  concrete steps and a retaining wall. This property has UPGRADED ACCESSIBILITY with a wheelchair ramp. A fully fenced exterior with 2 gates in front. Large open patios with incredible mountain views all around. 

Watch the Video!!


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DETAILS

Auction type:
Absolute Auction 
Broker CO-OP 2.5%

Auction Property Address:

920 Main St, 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% 

Detailed bidders Information is available in the Property Information Packet. All bidders are encouraged to read these materials before bidding on this property.


PROPERTY HIGHLIGHTS

  • Business space best used as a restaurant/retail

  • Lot size – 6,950± sq ft.

  • Building - 1,600± sq ft 

  • Number of units – 3 with an additional office

  • Main St frontage – 141± feet

  • Taxes – 2020: $7,337.92

  • 3 gas heaters, 1 swamp cooler and ceiling fans

  • Outdoor dining space, with permanent tables and a wishing well

  •  New windows, doors, plumbing, and gas heaters

  • 2 restrooms with external access

  • Wheelchair accessibility ramp

  • Commercial kitchen fixtures

  • Rinnai tankless water heater

  • Additional 40-gallon water tank

 

·   

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.

 

 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.

 

 

Copyright 2006-2020 United Country Real Estate- Prestige Auction, LLC. Denver, CO  All Rights Reserved.

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Bidder's Property Information Packets are available to Prestige Auction Community members.

Property Information Packages provide detailed and legal descriptions of the property along with other information vital to the bidding process.

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Property Information Packet Contents

Full Property Information Package
Traffic Count
920 Main Appraisal
Auction Terms
Initial Bid and Receipt for earnest money
Bidder Registration Form
Auction Buy Sell Contract
Commit Final
920 Main St - Realist Report
Property Disclosure
Title Commitment Final
Flood Map
Flood Brochure
Source of Water
Broker Participation

Call this number to receive your property information pack: 877-612-8494

Auction type:
Absolute Auction - Selling Regardless of Price


Absolute Auction Terms & Conditions

Property Address: 920 Main St, Ouray, Colorado 81427

Will ABSOLUTELY to the Highest Bidder Regardless of Price!
Brokers Welcome - Broker Co-Op 2.5%

Bidders Registration: All prospective buyers must register to bid. A $10,000.00 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 $10,000.00 cashier’s check will be immediately returned in the event the bidder is unsuccessful. 

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 $20,000 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.