257 Sherman Street, Ridgway, CO 81432 (MLS # 43076)
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Prime Commercial Building - 50% OWNERSHIP OPPORTUNITY. Seize this exceptional investment opportunity. Currently leased to four thriving businesses, this investment opportunity presents an attractive option for investors seeking the potential for significant long-term capital gains while benefiting from a small positive cash flow. Surrounded by breathtaking 14,000-foot peaks, the distinguished Rio Grande Building is strategically located in Ridgway's thriving commercial heart at the intersection of CO 550 and CO 62, midway between Montrose and Telluride, CO. On the river, the property has superior construction, features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial uses--including office, retail, and dining.
| DAYS ON MARKET | 155 | LAST UPDATED | 3/19/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 2006 |
| COMMUNITY | Ridgway - 71 (Major Area 70) | COUNTY | Ouray County |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Ridgway - 71 (Major Area 70) |
|---|---|
| BASEMENT | Yes |
| 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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