500 Main Street

Fairplay, CO 80440

About this property

Rare investment opportunity in the heart of the up and coming town of Fairplay. Built in 1925, this unique property is listed on the National Registry of Historic Places. Formerly known as the Valiton Hotel, this 25-room hotel property has been brought back to life with major upgrades including renovated bathrooms, bedrooms, new windows throughout entire bldg, new boiler, all new plumbing, new exterior and interior paint job. The property also includes a fully functional restaurant with a welcoming patio, offering strong income potential and a unique guest experience. Restaurant space currently leased to Salon Mexico. Conveniently located along Hwy 285 corridor and only 30 minutes to the Breckenridge Ski Area. The Summit Stage bus stop is only a block away and provides direct access to Breckenridge making it highly attractive for both tourists and workforce housing. Rare chance to own a piece of history in a rapidly growing area with exceptional investment upside. This property is currently being used for workforce housing. Great opportunity for workforce housing, affordable housing, and or Hotel investment property.

About this property

Rare investment opportunity in the heart of the up and coming town of Fairplay. Built in 1925, this unique property is listed on the National Registry of Historic Places. Formerly known as the Valiton Hotel, this 25-room hotel property has been brought back to life with major upgrades including renovated bathrooms, bedrooms, new windows throughout entire bldg, new boiler, all new plumbing, new exterior and interior paint job. The property also includes a fully functional restaurant with a welcoming patio, offering strong income potential and a unique guest experience. Restaurant space currently leased to Salon Mexico. Conveniently located along Hwy 285 corridor and only 30 minutes to the Breckenridge Ski Area. The Summit Stage bus stop is only a block away and provides direct access to Breckenridge making it highly attractive for both tourists and workforce housing. Rare chance to own a piece of history in a rapidly growing area with exceptional investment upside. This property is currently being used for workforce housing. Great opportunity for workforce housing, affordable housing, and or Hotel investment property.

Features and Additional Information

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$2,400,000 Active
14,040 sqft

Presented By Coldwell Banker Distinctive Properties Twin Fall

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Get in touch today! Phone: 1-208-734-6500
Brokerage
Paffrath & Thomas R.E.S.C
1-970-453-0466

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Listed By Luke Paffrath
Brokerage: Paffrath & Thomas R.E.S.C

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