$650,000
Ridgway, CO 81432
MLS# 36925
Status: Closed
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Property Description
Incredible opportunity to own a commercial space in Ridgway in our thriving economy and town. The ''core'' of Ridgway is rapidly growing which is making the dream for more people to own their own business in the Town. This property is zoned Historical Business. There are a variety of situations which can make this work for a variety of folks. The building is separated into 2 units, but can also be used as 3. 1/4 is of the sq. ft. is currently leased. The improvements are wired for security. The insulation is R60 resulting is reasonable utility bills. In a Town of practically no parking, this property has its own parking with at least 8+ spots. It is a corner location with huge visibility. Corner of Cora and Sherman.
Details
Listing & Location Info
Major Area: 70
Historical Qualifctn: No
Keywords Info
# Of Tenants: 1
Half Baths: 2
General Info
Land SqFt: 13490
Nbr of Acres: 0.3
Total # of Units: 23
Zoning: Historic Commercial
Legal: See Comments
Est Finished SqFt: 2315
Source SqFt: Assessor
Directions: In core of Ridgway on the northwest corner of Sherman and Cora
View 1: Cimarron Mountain
View 2: Town of Ridgway
Subdivision: None
Year Built: 1993
Financing Info
Taxes: 4928
Tax Year: 2018
HOA Mangment Company/Info: N/A
RETT: None
Assessor's Acct #: 430516302001
Utility Info
Phone Lines: Regular Phone
Primary Heat: Gas Base
Disclosures
None: 1
Level
Street Level: 1
Construction
Frame: 1
Substructure
Slab: 1
Exterior Finish
Wood (Natural): 1
Water
City: 1
Roof
Metal: 1
Sanitation
Sewer: 1
Primary Heat
Baseboard: 1
Gas: 1
Open Area Parking
3 Car +: 1
Special Location
Main Street: 1
Near Park: 1
Gas
Natural: 1
Electric
Power Company: 1
Common Utilities
Regular Phone: 1
Tenant Chg Incl
Electric: 1
Gas: 1
Interior Maintenance: 1
Sewer & Water: 1
Trash: 1
Extra Rooms
Bath(s): 1
Listing Location Info
Current Price: $650,000
Sub-Type: Commercial Spaces
Area: Ridgway - 71 (Major Area 70)
Asking Price: 695000
Street #: 631
Street Name: Sherman
Street Suffix: Street
City/Town: Ridgway
County: Ouray County
State/Province: CO
Postal Code: 81432
Status Change Info
Status: Closed
Under Contract Date: 2019-04-24
Sold Date: 2019-06-12
Sold Price: $650,000
Property Features
Disclosures: None
Level: Street Level
Construction: Frame
Substructure: Slab
Exterior Finish: Wood (Natural)
Roof: Metal
Primary Heat: Baseboard; Gas
Gas: Natural
Electric: Power Company
Common Utilities: Regular Phone
Tenant Chg Incl: Electric; Gas; Interior Maintenance; Sewer & Water; Trash
Extra Rooms: Bath(s)
Open Area Parking: 3 Car +
Special Location: Main Street; Near Park
Supplements
There is 1400+ sq. ft of covered porch. There are 2 separate deeds to the property - one is for the west 2 lots and the other for the 3 eastern lots with the building.
THERE ARE ALSO INCREDIBLE CIMARRON MOUNTAIN VIEWS FROM THE PROPERTY!! What more could you ask for?
Legal: TOWN OF RIDGWAY Lot: 1 Block: 27 Subd: TOWN OF RIDGWAY Lot: 2 Block: 27 Subd: TOWN OF RIDGWAY Lot: 3 Block: 27 S: 16 T: 45 R: 8 SOUTH 95 FEET OF LOTS 1-3 and TOWN OF RIDGWAY Lot: 4 Block: 27 Subd: TOWN OF RIDGWAY Lot: 5 Block: 27 S: 16 T: 45 R: 8 SOUTH 95 FEET
Listing Office: Ridgway Real Estate
Listing Agent: Cathy Redmond
Last Updated: January - 24 - 2026
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