Pretty insane investment opportunity in Colorado as entire town is for sale including nine current rental homes, 12 residential lots, 38 acres, the historic post office and stockyards pavilion. Colona, Colorado, founded in 1891, is situated off highway 550 between Ridgway and Montrose, in Ouray County. Best part is it’s about an hour drive to world-class skiing at Telluride. Pricetag…$6.6 million. See full listing HERE:
Opportunities come and go. To own a historic town less than an hour from a world class ski resort is an opportunity that comes around once in a lifetime! Colona is located where the Mountains meet the Valley, on HWY 550 between Ridgway and Montrose, a scenic 55 minute drive to Telluride! This offering consists of 9 current rental homes, 12 residential lots (50 foot), a 38 acre contiguous parcel, the historic Mercantile/Post Office /Calloway Complex and Stockyards Outdoor Pavilion. Nearly all commercial buildings have been meticulously restored by the current owner (see colonacolorado.com).This is a one-of-a-kind opportunity to help write the next chapter of a landmark Colorado town!
