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257 Sherman Street

$1,100,000

257 Sherman Street, Ridgway, CO 81432

Active
Last Updated: 04/05/2025

2006

Year Built

Commercial

Zoning

Details:
Year Built:    2006
Zoning:    Commercial
MlsNumber:    43076
Description:

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.

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