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257 Sherman Street

$2,400,000

257 Sherman Street, Ridgway, CO 81432

Active
Last Updated: 04/28/2025

9,095 sqft

Building Size

2006

Year Built

Details:
Building Size:    9,095 sqft
Year Built:    2006
Zoning:    Commercial
MlsNumber:    823175
Floors:    1
Description:

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, 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 opportunity also available. 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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