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257 Sherman Street

Ridgway, CO 81432
  • $1,100,000
  • STATUS: Active
  • ON SITE: 155 Days
  • MLS #: 43076
$1,100,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 5
    1/2 BATHS
  • 9,995
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:

School Ratings & Info

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 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 uses--including office, retail, and dining.

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Teullride Board of Realtors logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or LIV Sotheby's International Realty. Data last updated: 2025-04-25T23:49:41.28.

www.ivahildrealestate.com/homes/158106867
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257 Sherman Street Ridgway, CO 81432

  • Price: $1,100,000
  • Status: Active
  • On Site: 155 Days
  • MLS #: 43076
0
Beds
0
Baths
5
½ Baths
0.51
Acres
9,995
SQFT
$110
$/SQFT
2006
Built
Neighborhood:
None
County:
Ouray
Area:
Ridgway - 71 (Major Area 70)
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 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 uses--including office, retail, and dining.
Exterior Features

Covered Parking 7 or More Cars Exterior Finish Wood (Natural) Parking Design Open Special Location Borders River Substructure Unfinished

Interior Features

Primary Heat Forced AirGas

Property Features

Commercial Type Business Disclosures None Electric Power Company Gas Natural Major Area 70 Possession At closing/funding REO No RETT None Short Sale No Sq Ft Source Developer Taxes 41279.00 Tenant Charges Include ElectricGas Tenants 4 Utility Phone Lines Regular Phone Utility Primary Heat Gas Base Water City Zoning Commercial

Teullride Board of Realtors logo Listing provided courtesy of Karen Mccarthy of Coldwell Banker Distinctive Properties-Telluride: .
Teullride Board of Realtors logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or LIV Sotheby's International Realty. Data last updated: 2025-04-25T23:49:41.28.

 
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LIV Sotheby's International Realty
PO Box 2361
Telluride CO, 81435