For Sale
$2,395,000

257 Sherman StRidgway, CO 81432

Prime location, high cash flow, expansion potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 9,095 square foot mixed-use property in Ridgway, Colorado, presents a compelling investment opportunity. Located at 257 Sherman Street, this building enjoys a strategic position at the intersection of CO 550 and CO 62, directly adjacent to the river. Currently generating positive cash flow from four established tenants, this property offers immediate return on investment. The building boasts over 28 parking spaces, a significant advantage in this desirable location. Its versatile zoning allows for a variety of uses, including office, retail, and dining establishments, providing flexibility for future development. Constructed with high-quality materials, including copper gutters and windows, the architecture reflects Ridgway's unique history. The property's prime location in Ridgway, nestled amongst iconic 14,000-foot mountain peaks, offers significant long-term appreciation potential. Fifty percent ownership is also available. This is a rare chance to acquire a thriving commercial property in a rapidly appreciating market. The building's superior construction and prime location make it an ideal investment for discerning buyers seeking strong returns and future growth.

Highlights

  • $2,395,000 asking price for a mixed-use property.
  • 9,095 square feet.
  • Located at 257 Sherman Street, Ridgway, CO 81432.
  • Currently leased to four tenants, generating positive cash flow.
  • Features over 28 parking spaces and potential for expansion.

Property Details for 257 Sherman St

Property type
Mixed-use properties
Square Feet
9,095 SF

Location Insight

City
Ridgway
County
Ouray
State
Colorado
Latitude
38.1518146
Longitude
-107.7530266
257 Sherman St, Ridgway, Colorado

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257 Sherman St
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