Exceptional Investment Opportunity in the Heart of Ouray Nestled on a prime corner lot along 7th Avenue in downtown Ouray, Mission Rock is a beautifully restored residential triplex that blends historic charm with modern versatility. Originally built circa 1900 as a private home and guest house, the property underwent a comprehensive rehabilitation in 2006, preserving the original stone walls while transforming the structure into two spacious 3-bedroom, 2-bathroom units in an up/down duplex layout. Together, they offer over 3,500 square feet of livable space. Complementing the duplex is a character-rich, stand-alone 1-bedroom, 1-bathroom cottage with a loft—retaining its original architectural features and timeless appeal. The gated 88' x 100' corner lot is just steps from Ouray’s historic Main Street, offering easy access to shops, dining, and year-round attractions. Explore the interiors via the virtual tour at www.missionrockouray.com. With three active Short-Term Rental Licenses issued by the City of Ouray, the property presents multiple income-generating scenarios: sell off individual units, rent each unit individually, combine them for group bookings...or just keep and enjoy the entire compound as a private retreat. Gross rental income totaled approximately $130,000 in 2023 and $110,000 in 2024. Offered at an attractive $560 per finished square foot—this is a rare chance to own a flexible, income-producing asset in one of Colorado’s most iconic mountain towns. Call me with questions or to visit Mission Rock in person. Thank you, --Jay Jason K. Raible LIV Sotheby's International Realty / Telluride 970-729-0720 jay@telluride-colorado.com