257 Sherman Street, Ridgway, CO
Others for Sale - $1,100,000 - 9,995 Sq. Ft.
Agent Info
Karen McCarthy Coldwell Banker Distinctive Properties |
Property Info
CIMLS# | 1173578 |
Location 257 Sherman Street Ridgway CO 81432 | |
Updated | October 7th, 2025 |
Type | Others |
Price | $1,100,000 |
Building | 9,995 Sq. Ft. |
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 usesincluding 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.