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$2,400,000
136 Days On Site

257 Sherman Street
Ridgway, CO 81432

For Sale|Mixed Use|Active
0
Beds
2.5
Total Baths
5
Partial Baths
9,995
SqFt
$240
/SqFt
2006
Built
County:
Ouray
Listing courtesy of Karen McCarthy of Coldwell Banker Distinctive Properties

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257 Sherman Street257 Sherman Street257 Sherman Street257 Sherman Street
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Monthly Payment (Est.)

$10,950
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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, 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 opportunity also available. 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.

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Listing Snapshot
Price 
$2,400,000
Days On Site 
136 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,995 sqft
Total Baths 
2.5
Full Baths 
N/A
Partial Baths 
5
Lot Size 
0.51 Acres
Year Built 
2006
MLS® Number 
823175
Status 
Active
Property Tax 
$41,535.44
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.51
Property Sub Type 
Mixed Use
SqFt Total 
9995
Zoning 
Commercial
Interior Features
Basement 
Walk-Out Access
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Exterior Features
Lot Features 
Waterfront
Roof 
Composition
Waterfront 
Yes
Waterfront Features 
River Front
Community Features
MLS Area 
Ridgway
Listing courtesy of Karen McCarthy of Coldwell Banker Distinctive Properties



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Last checked: 2025-09-05 01:43 AM UTC

Neighborhood & Commute
Source: Walkscore
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