257 Sherman Street, Ridgway, CO

$2,395,000

Previous Next

9,995

Square feet

0.51

Acres

About 257 Sherman Street

THE ENTIRE BUILDING IS FOR SALE OR A 50% OWNERSHIP—SEE MLS#: 81156. This is an investment opportunity in Southwest Colorado with possible partial owner financing. This splendid Rio Grande Building is strategically positioned at the convergence of CO 550 and CO 62, nestled alongside the river. Currently leased to four thriving businesses, this property's positive cash flow presents an attractive option for investors anticipating future appreciation for long-term capital gains. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various uses, including 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. Ridgway, CO, is nestled amidst some of the world's most iconic 14,000 mountain peaks.

Listing by Coldwell Banker Distinctive Properties

Features of 257 Sherman Street

MLS® # 811560
Price $2,395,000
Bathrooms 0.00
Half Baths 5
Square Footage 9,995
Acres 0.51
Year Built 2006
Type COMMERCIAL
Sub-Type Multi-Use
Status Active

Community Information

Address 257 Sherman Street
Area Ridgway
City Ridgway
County Ouray
State CO
Zip Code 81432

Amenities

Waterfront River/Stream

Interior

Heating Natural Gas
Cooling Central Air
Fireplace No

Exterior

Roof Composition
Foundation Basement-Walk-Out

Additional Information

Date Listed March 13th, 2024
Zoning Commercial
Data Source Cren MLS

Listing Details

OfficeColdwell Banker Distinctive Properties

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?