406.360.5292
 | 
Login Account
 | 
Signup
Home » Real Estate » CO » Fairplay » 80440 » 500 Main Street, Fairplay, CO, 80440
$2,400,000

500 Main Street, Fairplay, CO, 80440

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.
Offered By
Luke Paffrath, Paffrath & Thomas R.E.S.C

Property Details

Property Type Commercial Sale
Status Active
MLS # S1068450

Market Trends

New Properties On Market
45
32% Increase In New Listings
Average Asking Price
$512,323
$45,915 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$283
$65 Increase In List Price/Sq. Ft.
Average Days On Market
2
7 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
© 2025 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®.