Map of Property

257 Sherman St

For Sale

257 Sherman St, Ridgway, CO 81432

This Ridgway property for sale is located at 257 Sherman St. The current listed sale price for 257 Sherman St is $2,495,000.

Contacts

broker

Karen McCarthy

Coldwell Banker Distinctive Properties

(970) 946-0662

Property Details

  • Property Type Other
  • # of Floors 1
  • Year Built 2006
  • Date Updated May 1, 2024
  • Website www.cbcworldwide.com
Seeking an investment opportunity in Southwest Colorado? This splendid Rio Grande Building is strategically positioned at the convergence of CO HWY 550 and CO HWY 62, nestled alongside the picturesque Uncompahgre River and adjacent to Rollin Park in downtown Ridgway. The property's current positive cash flow presents an attractive option for investors anticipating future appreciation. Notably, residential real estate in Ridgway experienced a staggering 70% appreciation within two years, while commercial real estate appreciated a fraction of that. Currently leased to four thriving businesses, this property offers versatility for the future. With over 28 parking spaces and potential expansion, the current zoning permits various uses, including office, retail, and dining establishments. 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 mountain peaks, including several 14'ers.

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Getting around

  • 51/100

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  • 76/100

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Location

  • City Ridgway, CO
  • Zip Code 81432

Points of Interest

  • Shell

    0.22 miles

  • Conoco

    0.27 miles

  • Conoco

    8.92 miles

  • Ridgway Area Trails Parking

    1.93 miles

  • Ridgway - Chipeta Solar Springs Resort & Spa

    0.24 miles

  • Ouray Riverside Inn and Cabins

    8.91 miles

  • Bridal Veil Bed and Breakfast

    9.08 miles

  • Timber Ridge Lodge

    9.19 miles

  • Hot Springs Inn

    9.26 miles

  • River's Edge Lodge and Resort

    9.83 miles

  • Historic Western Hotel

    9.86 miles

  • Black Bear Manor

    9.89 miles

  • Ouray Inn

    9.90 miles

  • Secret Garden Bed and Breakfast Ouray

    9.92 miles

  • Lupitas Bizarre Bizarre

    0.14 miles

  • Mountain Market

    0.18 miles

  • KOA General Store

    5.51 miles

  • Duckett's A G Market

    9.94 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Karen McCarthy

Coldwell Banker Distinctive Properties

(970) 946-0662