257 Sherman Street, Ridgway, CO

$950,000

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5

Baths

0.51

Acres

About 257 Sherman Street

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

MLS® # 44365
Price $950,000
Bathrooms 5.00
Half Baths 5
Acres 0.51
Year Built 2006
Type Commercial/Industry
Sub-Type Business
Status Active

Community Information

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

Amenities

Waterfront River Front
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement No
Basement Unfinished

Exterior

Roof Metal
Construction Wood (Natural)

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentKaren Mccarthy
OfficeColdwell Banker Distinctive Properties-Telluride

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