The Historic Delaware Hotel

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).SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of the Delaware Hotel, a landmark historic hotel that is located in the heart of downtown Leadville, Colorado (“Property”). The Property features 36 keys, most of which contain unique layouts and period details, complemented by a prominent ground-floor lobby and common areas well suited for guests gathering, food and beverage, or complementary retail/event concepts. The building’s historic architecture, brick façade, and corner presence provide strong curb appeal and visibility along Leadville’s primary commercial corridor, Harrison Avenue. Strategically positioned within walking distance of restaurants, retail, museums, and civic amenities, the Delaware Hotel benefits from consistent tourist demand driven by outdoor recreation, heritage tourism, endurance events, and proximity to Colorado’s major ski and mountain destinations. The Property features a diverse mix of guest accommodations designed to accommodate groups of various sizes, in addition an on-site restaurant, bar, and café, providing convenient dining and social gathering spaces for guests and locals alike. Together, these features position the Delaware Hotel as a well-rounded, historic hospitality asset with strong appeal in a high-demand mountain destination.