Historic St. Elmo Hotel and Bon Ton Restaurant (c. 1898)

St.​ Elmo Hotel and Bon Ton Restaurant (c.1898)

426 Main Street in downtown Ouray

Historic Hospitality and Food/Beverage property

Offered turnkey at $3,950,000

$362 per square foot

Historic Elegance Meets Modern Opportunity

There are few hospitality properties for sale today across Colorado.​

Many are unremarkable buildings in unremarkable locations.​

The iconic St.​ Elmo Hotel and Bon Ton Restaurant (c.1898) sit prominently at the top of Main Street in the heart of one of Colorado’s most scenic mountain towns.​ The St.​ Elmo and Bon Ton have soul and Victorian-era architectural integrity that honors the civic aspirations of Ouray’s earliest citizens.​

The first woman to own property in Ouray was the Proprietress of the St.​ Elmo Hotel -- Mrs.​ Kitty Heit.​

Kitty had already owned the Bon Ton Restaurant on Ouray's Main Street since 1890 when she commissioned the stately brick St.​ Elmo Hotel next door that had its Grand Opening on April 14, 1898.​

127 years later the St.​ Elmo Hotel and Bon Ton Restaurant continue to welcome customers to Ouray's historic downtown.​

Today the St.​ Elmo features 11 guest rooms of different configurations and sizes spread across two floors.​

With its spacious sidewalk adjacent patio, the Bon Ton and its legacy of quality food goes back to Ouray's earliest days.​

Two income producing spaces (Hotel and Food & Beverage) under one roof.​

Prominent location on 4 Main Street lots between Portland Creek and the historic Wright Opera House.​ The Wright Opera House was constructed in 1882 by brothers Ed and George Wright, along with their wives, Letitia and Lenora.​ The Opera House was intended to provide cultural and educational programs for the community, offering an alternative to the dance halls, saloons, and gambling dens that were prevalent at the time.​

World class skiing in Telluride is 50 miles from Ouray.​ Quality commercial air service in Montrose (MTJ) is 40 miles from Ouray.​ The drive from Ouray to Silverton is one of the most breathtaking journeys in Colorado, often referred to as the Million Dollar Highway.​ This 25-mile stretch of U.​S.​ Route 550 winds through the rugged San Juan Mountains, offering dramatic views, steep cliffs, and hairpin turns.​ The road climbs over Red Mountain Pass, which sits at an elevation of 11,018 feet, providing panoramic vistas of the surrounding peaks and valleys.​

426 Main Street holds a place of honor among Ouray’s many historic landmarks.​ For inquiries or to arrange a private tour, please contact the Listing Brokers.​

Ouray, Colorado, often called the "Switzerland of America" is a picturesque mountain town nestled in the San Juan Mountains.​ Known for its stunning alpine scenery, it sits at an elevation of about 7,800 feet and offers a rich blend of history, outdoor adventure, and small-town charm.​

Founded in the late 19th century during the mining boom, Ouray has preserved much of its historic character, with Main Street designated as a National Historic District.​ Visitors can explore landmarks like the Box Canyon Waterfall, the Ouray Hot Springs, and the Ouray Ice Park, which is a world-renowned destination for ice climbing.​

Ouray is also a gateway to incredible outdoor activities, including hiking, off-roading on the famous Million Dollar Highway, and exploring nearby trails like Yankee Boy Basin and Blue Lakes Trailhead.​ Whether you're seeking adventure or relaxation, Ouray offers something for everyone.​

Two income producing entities (Hotel and Food & Beverage) under one roof.

127 years of business operations on Ouray’s historic Main Street.