404 & 416 N Main Street

Gunnison, CO 81230

7 Contiguous City Lots | B-1 Zoning | Downtown Redevelopment | Located in the Gunnison Opportunity Zone. Outstanding downtown Gunnison redevelopment assemblage—seven contiguous city lots zoned B-1 (Professional Business), offering flexibility for hotel, mixed-use, professional office, or residential development.The site previously received City of Gunnison and CDOT-reviewed Conditional Use approvals for a boutique hotel concept, confirming that such a use has been found acceptable at this location. These approvals have expired and would need to be re-filed under a new proposal, but they provide a strong entitlement foundation and a conceptual package for buyer consideration. Located within the federally designated Gunnison Opportunity Zone, the property may qualify for capital-gains tax incentives for redevelopment or long-term hold strategies. Currently includes four long-term rental units generating income during planning or entitlement phases.With the Gunnison Valley still short roughly 1,080–1,345 housing units by 2029, demand for both residential and lodging inventory remains strong—making this one of the most compelling Main Street redevelopment opportunities in Gunnison today.

Listing courtesy of Nikki Pulitzer of LIV Sotheby's International Realty - CB



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Last checked: 2025-10-25 01:28 PM UTC