257 Sherman Street, Ridgway, CO 81432 (MLS # 42354)
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Seeking an investment opportunity in Southwest Colorado? Fifty Percent ownership is also available. This splendid Rio Grande Building is strategically positioned at the convergence of CO 550 and CO 62, nestled alongside the river. Currently leased to four thriving businesses, this property's current positive cash flow presents an attractive option for investors anticipating future appreciation. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various uses, including office, retail, and dining.
| DAYS ON MARKET | 288 | LAST UPDATED | 11/17/2024 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 2006 |
| COUNTY | Ouray County | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Nov 17, '24 | $2,495,000 |
|---|---|
| Nov 17, '24 - Today | $2,395,000 |
| ADDITIONAL DETAILS | |
| BASEMENT | Yes |
|---|---|
| CONSTRUCTION | Frame, Log, Stone |
| LOT | 0.51 acre(s) |
| SUBDIVISION | None |
| TAXES | 44982.24 |
| UTILITIES | Natural Gas Available |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | River Front |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Coldwell Banker Distinctive Properties-Telluride
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The data was last updated on: 12/26/24 8:25 AM PST
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