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257 Sherman Street

Ridgway, CO 81432
  • $1,100,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 822177
UPDATED: 36 min ago
$1,100,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 5
    1/2 BATHS
  • 9,995
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

Listing courtesy of Coldwell Banker Distinctive Properties: 970-728-4454.


Description

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. iconic 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, a throughfare between Telluride, Ouray and Montrose, CO. On the river, the property features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial 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 of mining, ranching and railroad heritage.

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[Colorado Real Estate Network] logo 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 Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-17T09:56:26.443.
www.destinationdro.com/homes/161734634
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257 Sherman Street Ridgway, CO 81432

  • Price: $1,100,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 36 min ago
  • MLS #: 822177
0
Beds
0
Baths
5
½ Baths
0.51
Acres
9,995
SQFT
$110
$/SQFT
2006
Built
Neighborhood:
Ridgway
County:
Ouray
Area:
Ridgway
Property Description
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. iconic 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, a throughfare between Telluride, Ouray and Montrose, CO. On the river, the property features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial 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 of mining, ranching and railroad heritage.
Exterior Features

Carport No Lot Dimension .51 acre Stories 1 Water Well No Waterfront River/Stream Waterfront YN Yes

Interior Features

Finished Sq Ft 9995 One Quarter Baths 0 Total Offices 0

Property Features

Books Available No Cam No Covenants NO Current Use Mixed Use Exchange Trade No Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Bar/LoungeConvenience StoreGeneral OfficeMixed-UseOffice WarehouseProfessional/MedicalRestaurantRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2024 Total Taxes 44982.24 Type Multi-Use Water Rights No

[Colorado Real Estate Network] logo 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 Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-17T09:56:26.443.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Coldwell Banker Distinctive Properties: 970-728-4454.