257 Sherman Street, Ridgway, Colorado

$2,400,000

Previous Next

Baths

9,995

Square feet

0.51

Acres

About 257 Sherman Street

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 and features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial uses--including office, retail, and dining. 50% ownership is also available. MLS#43076Crafted 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 mountain peaks, including several 14'ers.

Features of 257 Sherman Street

MLS® # 42354
Price $2,400,000
Bathrooms 2.50
Half Baths 5
Square Footage 9,995
Acres 0.51
Year Built 2006
Type Commercial/Industry
Sub-Type Mixed Use
Status Active

Community Information

Address 257 Sherman Street
Area Ridgway - 71 (Major Area 70)
Subdivision None
City Ridgway
County Ouray County
State Colorado
Zip Code 81432

Amenities

Utilities Regular Phone ,Gas Base

Interior

Fireplace No
Has Basement No

Exterior

Exterior Log, Stone, Wood (Natural)
Roof Asphalt Shingles
Construction Frame

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentKaren Mccarthy
OfficeColdwell Banker Distinctive Properties-Telluride

Listing Map

Request a Showing

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