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0 Baths
14,040 sqft

$2,400,000

500 Main STREET, Fairplay CO, 80440

Price per sqft$170.94
Built in1925
Property size14,040 sqft
Property typeCommercial

Overview

Active

Listed May 5, 2026

Updated Jul 22

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.

Additional information

MLS® ID
S1068450

Interior Features

Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.67 Acres

Other Property Details

Taxes
$17,488
Tax Frequency
Annually

 

Courtesy of Paffrath & Thomas R.E.S.C, Luke Paffrath,
Listing Contact: (970) 453-0466 

The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Neither listing broker(s) nor Tom Driemeyer shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 1:43 PM UTC, 7/22/2026

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