Purpose built as a large Bed & Breakfast in one of the most desirable high mountain towns in Colorado, the Black Bear Manor B&B is now offered for sale. Commercial/Residential zoning could allow a conversion into a 10 bedroom single-family residence. This successful, turnkey business and real estate (4986 s.f. livable on a 6969 s.f. in-town lot) included in this offering has been in operation since 1992 with nine spacious guest rooms, all having en-suite baths and external access. Included is an owners/manager's quarters that can be converted to a 10th guest room if desired. A substantial basement remains available for storage or future expansion. The 1696 s.f. wrap-around deck has picnic tables, a porch swing, umbrellas, café-style outdoor seating, and a year-round guest hot tub. The 3rd floor observatory offers a 270-degree view of the spectacular big mountain peaks that surround and tower over this location. There is a wrap-around deck on both floors and ALL rooms have an external entrance except for the owner's quarters (room #1), however one could be added. Owner's quarters could be converted into a guest suite for additional income. All rooms have their own private bathroom, some with whirlpool tubs and three with fireplaces. Recent upgrades include a new boiler, new equipment in the commercial kitchen, new commercial laundry machines, new security surveillance system, and A/C in all guest rooms. The Uncompahgre River runs nearby at the very end of 6th Avenue. The property is served by high speed fiber optic internet. Financials available with signed NDA - please inquire with Broker.