257 Sherman Street Rio Grande Building, Ridgway, Colorado

$1,100,000

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Baths

9,995

Square feet

0.51

Acres

About 257 Sherman Street Rio Grande Building

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.

Features of 257 Sherman Street Rio Grande Building

MLS® # 43076
Price $1,100,000
Bathrooms 2.50
Half Baths 5
Square Footage 9,995
Acres 0.51
Year Built 2006
Type Commercial/Industry
Sub-Type Business
Status Active

Community Information

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

Amenities

Utilities Regular Phone ,Gas Base
Parking 7 or More Cars

Interior

Heating Forced Air, Gas
Fireplace No
Has Basement No

Exterior

Exterior Wood (Natural)

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKaren Mccarthy
OfficeColdwell Banker Distinctive Properties-Telluride

Listing Map

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