1550 Main St
Ouray, CO 81427
Timber Ridge Lodge Ouray · Hospitality Property For Sale · 9,540 SF

Under Contract. Winner of multiple "Certificate of Excellence" awards from Trip Advisor, following an extensive remodel over past three years, this rustic looking, roadside lodge is an attractive draw for travellers entering Ouray on southbound Hwy 550. It is also a short walk to downtown and the famous Ouray Hot Springs Pool (which just underwent a million-dollar upgrade). The freshly painted Lodge exterior features a two level, wrap-around balcony for access to the 18 guest rooms plus two, 2 bedroom apartments on the lower backside, one of which has been converted to short-term lodging. The cozy, newly-furnished guest rooms provide a "boutique" atmosphere with the finest in bedding, linens, and fixtures. All have free WiFi, 32-inch flat-screen TVs, microwaves, mini-fridges and coffeemakers. Many have mountain views and some have kitchenettes. The remodel also included new portable AC units, electric service and most plumbing throughout the building (new boiler and tanks). Each room was completely remade with bath fixtures, new flooring, paint, and lighting. A beautiful Owner's Unit totals 1,935 Sq.Ft. on upper level with 2 bedrooms, 2 baths with option for additional bedroom/bath via a lock-off. The hotel also features a picnic area with BBQ grills, NG fire pit and has direct access to hiking trails to the San Juan mountains. The 768 SF rear building houses a garage/shop and one guest room (studio/loft) above. All occupancy/performance factors, financials and guest reviews have shown remarkable improvement over recent years as a result of Property upgrades, owner management and marketing efforts.