ColoradoRidgway257 Sherman Street

257 Sherman Street
Ridgway, CO 81432

$2,400,000
For Sale
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Open House
Size
5
Partial Baths
.51 Acres
Exterior
Financial
$2,400,000
Change Currency
$41,562
Annual taxes
Details
Commercial
Property Type
2006
Year Built
Ridgway R-2
School District
42354
Web Id
42354
MLS ID
358
days ago

Description

257 Sherman Street, Ridgway, CO 81432

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 usesincluding office, retail, and dining. 50% ownership is also available. MLS#4307 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 mountain peaks, including several 14'ers.
Located at 257 Sherman Street, Ridgway, Colorado 81432, this Commercial is for Sale with a price of $2,400,000 USD. The property was built in 2006, and 5 partial baths. This listing encompasses a lot of .51 Acres. See all Homes for Sale in Ridgway.
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