For Sale
$1,100,000

257 Sherman St Ridgway, CO 81432

High-cash flow, prime location, expansion potential.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional mixed-use property in Ridgway, Colorado, presents a unique investment opportunity. Located at 257 Sherman Street, this 9,995 square foot building sits on a 0.51-acre lot at the strategic intersection of CO 550 and CO 62, offering unparalleled visibility and accessibility. Currently generating positive cash flow from four established tenants, this property is an ideal choice for investors seeking long-term capital appreciation. The building boasts over 28 parking spaces, a significant advantage in this vibrant town. Constructed with high-quality materials, including copper gutters and windows, the architecture reflects Ridgway's rich history. The current zoning allows for a variety of uses, including office, retail, and dining establishments, providing flexibility for future development and expansion. This offering represents a 50% ownership stake

Property Details for 257 Sherman St

Property type
Mixed-use properties
Square Feet
9,995 SF
Year Built
2006
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Ridgway
County
Ouray
State
Colorado
Latitude
38.15177
Longitude
-107.753

FAQs

What type of property is this?
Mixed-use property - High-cash flow, prime location, expansion potential.
Where is the mixed-use property located?
The property is located at 257 Sherman St Ridgway, CO.
What is the asking price?
The asking price for this property is $1,100,000.
How can I contact the broker?
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257 Sherman St
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