Skip to main content
Back to Search Results
|

118 6th Avenue, Ouray, CO 81427

Show All 42 Photos
For Sale

$2,950,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

Explore this Property

Black Bear Manor is a premier turnkey bed and breakfast offered at $2,950,000 with an impressive 8.7% CAP rate. Ideally located at the end of a quiet dead-end street just steps from Main Street and the Uncompahgre River, this beautifully maintained inn offers guests the perfect blend of mountain tranquility and walkable access to the heart of Ouray. The property features ten well-appointed guest rooms, each with a private bathroom and both interior and exterior entrances in 9 of the 10 rooms, providing comfort, privacy, and an efficient layout for owner-operators or hospitality investors. The inn has benefited from extensive 2024-2025 improvements, including all-new Trex decking and balconies, a full exterior repaint, and the complete transformation of Room 1 into a luxurious honeymoon suite. Additional upgrades include two new staff lodging rooms, a full remodel of the observatory with fresh paint, carpet, and furnishings, an updated kitchen, a redesigned outdoor sitting area with a new fountain, upgraded decor and supplies throughout, improved parking lot drainage, a rebuilt roof over the hot tub, drainage and backhoe work around the property, window and sill repairs, new carpet and paint in multiple rooms, dining room enhancements with new countertops and furniture, a new tool shed, and refreshed bathrooms and ceiling fans. These thoughtful updates, combined with the property's strong reputation and established guest base, create a rare opportunity for an owner-operator seeking onsite living and strong income potential or an investor looking for a profitable, professionally managed asset. With peaceful riverside ambience, mountain views, and immediate access to dining, shopping, and attractions in Ouray's historic district, Black Bear Manor offers a truly exceptional lodging experience in the "Switzerland of America." Information deemed reliable but not guaranteed. Buyer to verify all to satisfaction. Terms subject to change without notice.
MLS# 20255372

Courtesy Of CENTURY 21 CAPROCK REAL ESTATE

(970) 718-9009

Map and Directions

Directions to 118 6th Avenue, Ouray, CO 81427

Home seller CENTURY 21 Elevated Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Elevated Real Estate

(970) 249-7653
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.