prime main street opportunity featuring a 3bd / 2ba single-family home plus a separate studio apartment, each with private entrances and their own laundry. the main home offers wood floors, stainless appliances, an updated bath, metal roof, stucco siding, and an attached 2-car garage. both units are currently leased and generating reliable income, allowing owners to live, rent, or hold while pursuing future plans. situated on three contiguous city lots and zoned b-1 (professional business), the property supports a wide range of uses—residential, mixed-use, professional office, or boutique lodging. the site is part of a larger seven-lot main street redevelopment assemblage previously reviewed by the city of gunnison and cdot for a boutique hotel concept. while those approvals have expired, they provide strong precedent and a valuable entitlement foundation for similar future proposals. located within the federally designated gunnison opportunity zone, the parcel qualifies for capital gains tax incentives for redevelopment or long-term investment strategies. with the gunnison valley projected to be over 1,000 housing units short by 2029, demand for centrally located residential and lodging inventory continues to grow. whether seeking a central in-town residence with income, a strategic long-term hold, or a downtown redevelopment site, 416 n main street represents one of the most versatile and compelling offerings in the main street corridor.
