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Active Commercial

207 Elm Street

Leadville, CO 80461

RECOLORADO #4794119 Updated: Mar 24, 2026, 7:00pm
$1,300,000
0 Beds • 0 Baths • 3,242 SqFt
Property
ActiveCommercial
1/31
$1,300,000

207 Elm Street

Leadville, CO 80461
0
Beds
0
Baths
3,242
SqFt
0.12
Acres
RECOLORADO
#4794119
Updated: Mar 24, 2026, 7:00pm

Property Description

The Old Tale Inn offered for sale in the heart of Leadville. Ideally situated just off Harrison Avenue, this charming, turn-key mountain inn benefits from strong year-round tourism, walkability to restaurants, shops, and local attractions, and a loyal guest following. It is a fully self-service boutique hotel with secure keyless entry and seamless digital check-in, and no front desk required. The property features recently renovated interiors and exteriors, while preserving its classic Leadville character and historic charm. Well-maintained guest accommodations and thoughtful updates create an authentic boutique lodging experience with modern functionality. Known for its inviting atmosphere, the Old Tale Inn is a recognizable hospitality asset in one of Colorado’s most storied high-altitude towns. Offered as a fully operational hotel, this is a rare opportunity for an owner-operator or investor seeking a turn-key asset in a supply-constrained mountain market. The property’s existing layout and room configuration may also lend itself well to housing.

Property Details

Interior
Building Area Total
3242
Construction
Also Marketed As
Commercial Sale
Construction Materials
FrameWood Siding
Number Of Units Total
11
Roof
Metal
Structure Type
Free Standing
Year Built
1965
Year Built Effective
2025
Site & Exterior
Current Use
Commercial
Lot Size Acres
0.12
Lot Size Area
0.12
Lot Size Square Feet
5227.2
Lot Size Units
Acres
Offstreet Spaces
25
Parking Total
25
Road Frontage Type
PublicYear Round
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Water Included
Yes
Water Source
Public
Zoning
R2
Financials
Lease Considered
No
Parcel Number
263326122002
Tax Annual Amount
15402
Tax Legal Description
LOTS 3, 4, 5 & 6, BLOCK 3, SCHULTZ ADDITION, ALPS MOTEL 405/428 355/347 514/165, 524/997 539/371 345224 345223 365007-12
Tax Year
2025

Neighborhood & Lifestyle

Listing provided courtesy of RECOLORADO via IDX. Updated: Mar 24, 2026, 7:00pm.
Michael Corbey

Listing Agent

Realspace Commercial Real Estate Llc

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