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Listed price in listed location currency (USD).
$1,425,000

440

MLS® 829402

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes 
Days Active 6
Lot Size 
Approx. Age 1958
MLS® Number 829402

Property Address: 404 Main Street, Gunnison, CO, 81230

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number829402
Laundry Level
Central VacNo
FireplaceNo
Acreage0.5
Exterior
GarageYes
Approx. Age1958
BasementConcrete
DrivewayAttached, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 22, 2025List Date
$1,425,000List Price
  • Commute

Commute

Starting Address
Destination Address
404 Main Street, Gunnison, CO

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