USACORidgwayTown of RidgwayTbd 0.127 Ac Sherman Street

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$695,000

For Sale

3 months ago

TBD 0.127 AC St, Ridgway, CO

House

MLS® 831830

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Residential Land

Levels Land

Size -

Garage

Taxes $2,771

Days Active 78

Lot Size

Approx. Age

MLS® Number 831830

Property Address: TBD 0.127 AC Sherman Street, Ridgway, CO, 81432

Average square foot calculated using Size range provided by listing agent.

Description

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!

MLS® Number831830

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 21, 2026List Date

$695,000List Price

Commute

Commute

Starting Address

Destination Address

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