TBD 0.127 AC Sherman Street, Ridgway, CO 81432
Local realty services provided by:CENTURY 21 West Slope Realty
Listed by: todd schroedel
Office: united country sneffels realty
MLS#:831830
Source:CO_CREN
Price summary
- Price:$695,000
About this home
Discover the pinnacle of investment opportunities with this exceptionally located parcel in the core of Ridgway. Spanning 5,557 square feet, this property offers unparalleled visibility, access, and development potential, making it a standout choice for discerning investors. Situated within the Historic Business Zone, this parcel is a prime candidate for mixed-use development, with zoning that allows for a substantial structure across up to three floors, including the potential for an additional rooftop patio. The flexibility is unmatched—there are virtually no setbacks, providing you with maximum buildable area. Access to the property is not only from Sherman Street, the main thoroughfare connecting Montrose and Telluride, but also from the alley and an adjacent commercial building parcel owned by the same seller. This dual access offers exceptional convenience and strategic value. Whether you envision a retail space, a professional office building, a boutique hotel, or a residential complex, this parcel offers the versatility to bring your vision to life. The zoning supports a variety of uses, including restaurants, breweries, distilleries, condominiums, townhomes, and even multi-unit residential developments such as duplexes or four-plexes. Additionally, nearby properties have successfully incorporated basement levels, adding even more potential for maximizing the space. This is more than just a parcel; it’s an opportunity to invest in one of the most desirable locations in Downtown Ridgway. It’s a rare find that aligns with your high standards and investment goals, offering a unique blend of location, flexibility, and potential returns. Take the next step towards realizing your Southwest Colorado dreams—explore this exceptional opportunity today. The commercial building and land on the corner is also for sale, giving you a total of 1/3 ac of Ouray County's most valuable property!...
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Home facts
- Listing ID #:831830
- Added:101 day(s) ago
- Updated:June 03, 2026 at 02:14 PM
Structure and exterior
- Lot area:0.13 Acres
- Lot Features:Boundaries Surveyed, Foothills, Golf Course Near, Skier Access
Schools
- High school:Ridgway 9-12
- Middle school:Ridgway 6-8
- Elementary school:Ridgway K-5
Utilities
- Water:Public, Tap Available
- Sewer:Sewer Tap Available
Finances and disclosures
- Price:$695,000
- Tax amount:$2,771
Features and amenities
- Amenities:Electricity, Natural Gas, Phone, Phone - Cell Reception, Phone - Landline
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