257 Sherman Street
$2,395,000
257 Sherman Street, Ridgway, CO 81432
9,095 sqft
Building Size
2006
Year Built
Details:
Description:
THE ENTIRE BUILDING IS FOR SALE OR A 50% OWNERSHIPSEE MLS#: 81156. This is an investment opportunity in Southwest Colorado with possible partial owner financing. This splendid Rio Grande Building is strategically positioned at the convergence of CO 550 and CO 62, nestled alongside the river. Currently leased to four thriving businesses, this property's positive cash flow presents an attractive option for investors anticipating future appreciation for long-term capital gains. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various uses, including office, retail, and dining. 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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