500 Main ST, Fairplay, CO 80440
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500 Main ST, Fairplay, CO 80440
500 Main ST, Fairplay, CO 80440
500 Main ST, Fairplay, CO 80440
500 Main ST, Fairplay, CO 80440
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Betsy Repaske

Betsy Repaske

+1(970) 977-9277
$ 2,400,000
Est. payment /mo
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500 Main ST Fairplay, CO 80440

0.67 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Fairplay

MLS Listing ID S1068450

Year Built 1925

Annual Tax Amount $17,488

Tax Year 2025

Lot Size 0.667 Acres

Acres 0.6671

Property Description

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.

Location

State CO

County Park

Area Park County

Direction Corner of 5th and Main Street Fairplay. South on Hwy 9 from Breckenridge/Alma to Fairplay.

Interior

Heating Baseboard, Central, Common, Hot Water, Natural Gas, Wood Stove

Cooling None

Fireplace No

Exterior

Parking Features Parking Pad

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available

Water Access Desc Public

Roof Type Asphalt

Present Use Hotel/Motel

Street Surface Paved

Building

Dwelling Type Hotel/Motel

Sewer Public Sewer

Water Public

Others

Tax ID 300

Altitude MLS / Summit County MLS
Listed by Paffrath & Thomas R.E.S.C (970) 453-0466

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Betsy Repaske
Betsy Repaske

Broker Associate

+1(970) 977-9277 | betsy@ownyoursummit.com

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500 Main ST