Harding Real Estate Team

631 Sherman Street, Ridgway, CO 81432

$1,425,000
  • 631 Sherman Street, Ridgway, CO 81432 Main Photo

22 Photos

Active
MLS#839807
STATUS PROPERTY TYPECommercial - Multiple

Property Description

Exceptional Commercial Investment & Development Opportunity in Downtown Ridgway, Colorado! Discover the remarkable flexibility of Ridgway's Historic Business Zone, offering some of the most desirable mixed-use development opportunities in Southwest Colorado. Located in the heart of Ridgway's thriving Town Core, this 2,315-square-foot, single-level commercial building offers outstanding visibility, pedestrian traffic, convenient parking, and exceptional potential for retail, restaurants, professional offices, galleries, residential conversion, or mixed-use redevelopment. Constructed in 1993, the building has a successful history of retail use, including an antique store, upscale furniture showroom, specialty shops, and offices. Currently configured into three distinct commercial spaces, it accommodates a popular T-shirt and souvenir shop, a fine fabric arts gallery and workshop, and an office supply business. Continue its established commercial uses or reimagine the property to suit your investment or business vision. Ridgway's flexible Historic Business zoning offers exciting possibilities for commercial, residential, and multifamily uses, with a maximum building height of 35 feet and minimal side setbacks. Consider expanding the existing structure, adding upper-level residential or commercial space, or pursuing an entirely new development concept, subject to Town approval. Covered porches provide beautiful mountain scenery, while potential upper levels could capture spectacular San Juan Mountain views. An additional separate building lot to the west is included, creating opportunities for further development, expanded parking, or potential resale. With its strategic downtown location, versatile zoning, and proximity to Ouray, Telluride, and Montrose, this property presents an exceptional opportunity for entrepreneurs, investors, developers, and businesses serving Southwest Colorado. Own a prime piece of downtown Ridgway commercial real estate and bring your vision to life!

631 Sherman Street | MLS# 839807

This commercial property located at 631 Sherman Street, Ridgway, CO 81432 is currently listed for sale with an asking price of $1,425,000. Search Ridgway real estate on www.hardingrealestateteam.com today.

Property Features

Property Type: Commercial - Multiple
Fuel Type: Natural Gas
Lot Size: 0.31 Acres
Roof Type: Metal
Taxes: 11,691.48
Year Built: 1993

Feature Descriptions

Access: City/Town, Paved, 75'-100' Frontage
Available Meters: 1 (Water), 1 (Gas), 1 (Electric)
Available Utilities: Sanitary Sewer, Water, Natural Gas, Electric, Phone, Fiber Optics, Internet
Days on Site: 23
Existing Utilities: Sanitary Sewer, Water, Natural Gas, Electric, Phone, Internet
Exterior: Stick Blt
Flooring: Carpet
Lot: Corner, Boundaries Surveyed
Lot Dimensions: .31 AC
Miscellaneous Information: Lease Included, Real Estate For Sale
Parking: Off Street, Gravel, 20 + Total Spaces, Common, In Rear of Building
Parking Spaces: 20
Sewer: Sewer Tap Paid, Public Sewer Installed
Square Footage: 2315 (Finished), 2315 (Main)
Water: Tap Installed Paid, Public

Listed By / Shown By

Listed By

Agency Name: United Country Sneffels Realty
Agency Phone: 970-626-3555

Shown By

Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty

IDX logo

Login to My Homefinder