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Investment Highlights

  • Historic hotel located in downtown Leadville, Colorado, the highest incorporated city in the United States, and a renowned former gold rush town
  • On-site restaurant, bar, and café providing additional revenue streams and enhanced guest experience
  • Prime central location offering convenient access to Leadville’s shops, restaurants, museums, and year-round outdoor recreation
  • Flexible unit mix with accommodations for 2 to 9 guests, including Twin, Double, Queen, King, and Suite configurations
  • Modern in-room amenities, private bathrooms, televisions, high-speed Wi-Fi, complemented by on-site laundry and seasonal storage for bikes & skis
  • Broker of Record: Michael Corbey with Realspace Commercial Real Estate LLC

Executive Summary

SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of the Delaware Hotel, a historic lodging property located in the heart of downtown Leadville, Colorado (“Property”). The Property features a diverse mix of guest accommodations designed to accommodate groups of various sizes. The Property offers an on-site restaurant, bar, and café, providing convenient dining and social gathering spaces for guests and locals alike. Additional amenities include in-room bathrooms, in-room televisions with cable tv, high-speed Wi-Fi, on-site laundry facilities, ice service, and dedicated bike, snowboard, and ski storage available for an additional fee. Together, these features position the Delaware Hotel as a well-rounded, historic hospitality asset with strong appeal in a high-demand mountain destination.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.18 AC
Building Size 23,237 SF
No. Rooms 36
No. Stories 3
Year Built/Renovated 1885/2026
Corridor Interior
Zoning RC

Amenities

  • Restaurant
  • On-Site Retail
  • On-Site Bar
  • Meeting Event Space

About 700 HARRISON AVE , LEADVILLE, CO 80461

The Property is located in Leadville, Colorado, a historic mountain community set high in the heart of the Rocky Mountains. Known as the highest incorporated city in the United States at an elevation of approximately 10,152 feet, Leadville is a famous former gold rush town dating back to the late 1800s. Today, the city blends rich Western history with dramatic alpine scenery, drawing visitors seeking authentic mountain character, outdoor recreation, and cultural heritage. Leadville is surrounded by some of Colorado’s most iconic peaks, including Mount Elbert and Mount Massive, and serves as a gateway to year-round outdoor adventure. The area offers extensive opportunities for hiking, mountain biking, fishing, and off-road exploration during the warmer months, while winter brings access to snowshoeing, cross-country skiing, and nearby downhill ski destinations. The town’s high-alpine setting and proximity to national forests and wilderness areas support consistent visitation from outdoor enthusiasts throughout the year. Beyond recreation, Leadville’s vibrant downtown reflects its historic roots, featuring well-preserved Victorian architecture, museums, local shops, restaurants, and annual events that celebrate the town’s mining heritage and mountain culture. The Property’s location along Harrison Avenue places it in the heart of downtown Leadville, offering guests immediate access to dining, retail, and cultural attractions while serving as a central base for exploring the surrounding region. Distances to larger cities: Denver, CO – approximately 100 miles southwest of Denver Colorado Springs, CO – approximately 130 miles northwest of Colorado Springs Vail, CO – approximately 40 miles south of Vail Local airports include Leadville-Lake County Airport (5 miles). Nearby regional and international airports include Central Colorado Regional Airport (40 miles), Eagle County Regional Airport (65 miles), and Denver International Airport (120 miles).

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 6 $227.60 CAD -
Guest Room 30 $158.21 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
263323415005
Land Assessment
$44,634 CAD
Improvements Assessment
$1,765,481 CAD
Total Assessment
$1,810,116 CAD
  • Listing ID: 39874506

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 700 Harrison Ave, Leadville, CO 80461

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