The Ouray Real Estate and Building Association started construction on the Beaumont Hotel on 5 July 1886, completing it on 15 December 1886 at a cost of $75,000.
Palmer House supplied employees for the grand opening, on 25 July 1887. All of the original furniture was made by Marshall Field's.
The prominent feature inside the three story brick building is a grand staircase leading into the lobby. A rosewood dining room occupies almost half of the second floor.
On a cornerstone of the building at the corner of Main Street and 5th Avenue is a benchmark from the United States Geological Survey with an elevation of 7,800 feet (2377m) above sea level.
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