257 Sherman Street, Ridgway, CO

Others for Sale - $2,400,000 - 9,095 Sq. Ft.


Agent Info

Karen McCarthy
Coldwell Banker Distinctive Properties

Property Info

CIMLS#1174949
Location
  257 Sherman Street
  Ridgway CO 81432
UpdatedAugust 20th, 2025
TypeOthers
Price$2,400,000
Building9,095 Sq. Ft.

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, features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial usesincluding office, retail, and dining. 50% ownership opportunity also available. 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


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