About This Home

This 0-bedroom, 0-bathroom commercial at 500 Main Street in Fairplay, CO is listed for $2,400,000. Built in 1925, on a 0.67 acres lot.

Key Features

  • Built in 1925
  • 0.67 acre lot

Property Details

1925
Listing 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.

Monthly Cost Estimate

$12,836/mo

20% down · 6.5% · 30 years

Principal$1,736
Interest$10,400
Insurance$700

Estimates only. Actual payments may vary.

Location

500 Main Street

Fairplay, CO 80440

FAIRPLAY

Property Details

Heating

Wood StoveOilNatural GasBaseboardCentralWood

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 500 Main Street is listed at $2,400,000. The estimated monthly payment is $12,836 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.67 acre lot.

This property is listed by Luke Paffrath.

LP

Luke Paffrath

Agent at Paffrath & Thomas, Inc.

Listed by Paffrath & Thomas, Inc. · Broker phone: (970) 453-0466 · Broker website

MLS# S1068450· Source: Altitude REALTORS ®· 175 days on PropertySimple

Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 Main Street, Fairplay, CO 80440

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