Investment Overview
Prime Investment Properties is pleased to present the Hand Hotel, an 12-key boutique lodging and hospitality asset in Fairplay, Colorado. Built in 1932 by Jacob and Jessie Hand and operated continuously as the town's premier lodging house, the property has been carefully restored across successive ownerships and today represents one of the most recognized hospitality names in Park County.
The two-story, 6,685-square-foot wood-frame structure sits on a 0.11-acre commercially zoned parcel with each guest room offering a private bath and a distinct identity drawn from South Park settler history. The top unit, Suite Prunes, features a private entrance, a patio with river and peak views, a seating area, and a micro-kitchenette. Guest amenities include a glassed-in sunroom serving daily breakfast with views of the surrounding 14,000-foot peaks, a rooftop terrace, an open upstairs deck, a garden, a lobby fireplace, complimentary Wi-Fi, and a pet-friendly policy.
The asset has been repositioned beyond just a lodging operation. Current ownership has added The Outpost Cafe, a breakfast and pastry operation open to hotel guests and the walk-in public, and an on-site Emporium retail shop. The result is a three-stream revenue model spanning rooms, food and beverage, and retail, with the cafe/bar with full liquor license and emporium capturing Front Street pedestrian traffic generated by the museum, monument, and riverwalk.
Reputation is a genuine asset here. The Hand Hotel is ranked first among Fairplay lodging properties on TripAdvisor and carries a 4.8 star Google Review score. The property's well-documented paranormal history has generated sustained earned media and supports ghost walk programming, a proven ancillary demand driver for historic lodging assets.
This unique opportunity offers an owner-operator, boutique group, or hospitality-focused investor a rare opportunity to acquire a market-leading asset with immediate operating cash flow and clear upside through rate optimization, expanded F&B hours, event and programming revenue, and improved winter capture from Breckenridge overflow demand.
Investment Highlights
- -12-key boutique hotel in the heart of Fairplay, Colorado, on historic Front Street overlooking the Middle Fork of the South Platte River
- -Three established revenue streams: guest rooms, The Outpost Cafe/Bar, and the on-site Emporium retail shop
- -6,685 SF two-story wood-frame building on a 0.11-acre commercially zoned parcel, built 1932 with extensive period-accurate restoration
- -Every guest room features a private bath, individual character, and thematic naming drawn from South Park settler history
- -Signature Suite Prunes offers a private entrance, river-view patio, seating area, and micro-kitchenette
- -Ranked the #1 lodging property in Fairplay on TripAdvisor with a 4.8 Google Review score
- -Amenity package includes glassed-in breakfast sunroom with 14er views, rooftop terrace, open deck, garden, lobby fireplace, free Wi-Fi, and pet-friendly accommodations
- -Year-round demand: Breckenridge and Summit County ski overflow in winter, Gold Medal trout fishing, 14er access, and reservoir recreation in summer
- -Located at the US 285 and Colorado Highway 9 junction, approximately 90 minutes from Denver and 30 minutes over Hoosier Pass from Breckenridge
- -Walkable to South Park City Museum, the Prunes burro monument, Fairplay Beach, and the riverwalk, driving direct pedestrian traffic to the cafe and retail components
- -Full liquor license in the cafe and commercial kitchen in adjoining room
- -Local events including Burro Days hosted from the balcony of the hotel
- -Despite record low snowfall last winter and active fire season in June, predicting record revenue and NOI for 2026
- **Tours by appointment through broker only. Do not contact the staff or owners.