$950,000
( )
 $5,100 est/mo Sourced by Back At You

257 Sherman Street, Rio Grande Building,Ridgway, CO 81432

Ridgway, CO 81432

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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 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.

Details

MLS #44365
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2006
Days On Site143
Listing Provided ByColdwell Banker Distinctive Properties-Telluride | Karen McCarthy

Features

Bath(s) 5 Total
BasementY
Acreage0.51
Water FrontRiver Front

Taxes

Tax Annual Amount41279

Area Information

StateCO
CountyOuray County
CityRidgway
Zip Code81432
AreaRidgway
SubareaOuray County
Listing VS Median (in 81432)
Price:
$950,000
low | high
Med:
$0
On site:
143
low | high
Med:
Sourced by Back At You

Market Activity 81432

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Learn More About This Property

StateCO
CountyOuray County
CityRidgway
Zip Code81432
AreaRidgway
SubareaOuray County
Listing VS Median (in 81432)
Price:
$950,000
low | high
Med:
$0
On site:
143
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $712K - $1.187M
sqft: 0 - 0
Listing Updated: June 1, 2026 at 4:40:19 PM PDT
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