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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. iconic 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, a throughfare between Telluride, Ouray and Montrose, CO. On the river, the property features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial 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.
LAST UPDATED | 3/21/2025 | YEAR BUILT | 2006 |
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COMMUNITY | Ridgway | COUNTY | Ouray |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AREA | Ridgway |
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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: 3/31/25 4:43 AM PDT
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