257 Sherman Street, Ridgway, CO

Others for Sale - $2,395,000 - 9,095 Sq. Ft.


Agent Info

Karen McCarthy
Coldwell Banker Distinctive Properties

Property Info

CIMLS#1160810
Location
  257 Sherman Street
  Ridgway CO 81432
UpdatedAugust 20th, 2025
TypeOthers
Price$2,395,000
Building9,095 Sq. Ft.

Property Description

THE ENTIRE BUILDING IS FOR SALE OR A 50% OWNERSHIPSEE MLS#: 81156. This is an investment opportunity in Southwest Colorado with possible partial owner financing. 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 of mining, ranching and railroad heritage. Ridgway, CO, is nestled amidst some of the world's most iconic 14,000 mountain peaks.


Financials


Similar Listings