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THIS IS A 50% OWNERSHIP OPPORTUNITY. THE ENTIRE BUILDING IS ALSO FOR SALE FOR $2,395,000"”SEE MLS#: 81156. This is an investment opportunity in Southwest Colorado.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.
| LAST UPDATED | 11/20/2024 | YEAR BUILT | 2006 |
|---|---|---|---|
| COMMUNITY | Ridgway | COUNTY | Ouray |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Ridgway |
|---|---|
| LOT | 0.51 acre(s) |
| LOT DESCRIPTION | Waterfront |
| TAXES | 44982.24 |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | River Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Coldwell Banker Distinctive Properties
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Fair Housing DisclaimerThis data was last updated: 1/28/25 3:38 PM PST
This IDX solution is (c) Diverse Solutions 2025.
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