257 Sherman Street, Ridgway, CO

Others for Sale - $2,400,000


Agent Info

Karen McCarthy
Coldwell Banker Distinctive Properties

Property Info

CIMLS#1170380
Location
  257 Sherman Street
  Ridgway CO 81432
UpdatedAugust 6th, 2025
TypeOthers
Price$2,400,000

Property 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 and features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial uses--including office, retail, and dining. 50% ownership is also available. MLS#43076


Financials


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