257 Sherman Street, Ridgway, CO 81432 (MLS # 43076)
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THIS IS A 50% OWNERSHIP OPPORTUNITY. THE ENTIRE BUILDING IS ALSO FOR SALE FOR $2,395,000a"SEE MLS#:81156. This is an investment opportunity in Southwest Colorado.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 positive cash flow presents an attractive option for investors anticipating future appreciation for long-term capital gains. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various uses, including office, retail, and dining. Crafted with superior construction and premium materials such as copper gutters and windows, the architecture pays homage to Ridgway's rich history.
DAYS ON MARKET | 1 | LAST UPDATED | 11/21/2024 |
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TRACT | None | YEAR BUILT | 2006 |
COUNTY | Ouray County | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
BASEMENT | Yes |
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HEAT | Forced Air, Natural Gas |
LOT | 0.51 acre(s) |
SUBDIVISION | None |
TAXES | 41279 |
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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©Copyright 2024 by Telluride Association of REALTORS, Inc.
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The data was last updated on: 11/22/24 12:15 AM PST
The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing.
©Copyright 2024 by Telluride Association of REALTORS, Inc.
ALL RIGHTS RESERVED WORLDWIDE.
The data was last updated on: 11/22/24 12:15 AM PST
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