257 Sherman Street,Ridgway, CO 81432
Ridgway, CO 81432
Description
Prime Commercial Building- 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 usesincluding office, retail, and dining. 50% ownership opportunity also available. Crafted with superior construction and premium materials such as copper gutters and windows, the architecture pays homage to Ridgway's rich history of mining, ranching and railroad heritage. Ridgway, CO, is nestled amidst some of the world's most iconic 14,000 mountain peaks.
Details
| MLS # | 823175 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 83 |
| Listing Provided By | Coldwell Banker Distinctive Properties | Karen McCarthy |
Features
| Bath(s) | 5 Total |
|---|---|
| SQ Feet | 9,095 |
| Basement | Y |
| Story(s) | 1 |
| Units | 5 |
| Zoning | Commercial |
| Acreage | 0.51 |
| Water Front | Yes |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Furnished | Unfurnished |
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Basement |
Other
| List Aor | Telluride Association Of Realtors |
|---|
Market Activity 81432
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than CREN contain that company’s name.
Fair Housing Disclaimer
Listed By
Learn More About This Property
| State | CO |
|---|---|
| County | Ouray |
| City | Ridgway |
| Zip Code | 81432 |
| Area | Ridgway |
| Listing VS Median (in 81432) | |
Price: $2,400,000 low | high Med: $1,095,000 SqFt: 9,095 low | high Med: 2,336 $ / SqFt: $264 low | high Med: $469 On site: 83 low | high Med: 19.000000 | |
 | $2,395,000257 Sherman StreetRidgway, CO 81432 |
© 2025 Coldwell Banker Montrose Properties - (970) 249-2449.
Equal housing opportunity. An equal opportunity company.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer
Real Estate listings held by companies other than CREN contain that company’s name.
Fair Housing Disclaimer
