631 Sherman

Ridgway, CO 81432
Square Ft.
2,315
$1,595,000
Prime Mixed-Use Development Opportunity in Downtown Ridgway Historic Business Zone Multifamily & Commercial Upside Investors, multifamily developers, and commercial owner-operators — this is a rare value-add and redevelopment opportunity in the core of downtown Ridgway, Colorado, located in highly flexible Historic Business zoning within Ouray County. Unlike many “historic” districts,Read MoreRead Less
Market LogoCourtesy of Todd Schroedel, United Country Sneffels Realty 970-318-2160
Listing Snapshot
Days Online
4
Last Updated
Property Type
Multi-Use W/Res
Square Ft.
2,315
Lot Size
0.31 Acres
Year Built
1993
MLS Number
831835
30 Days Snapshot Of 81432
$833k
-40%
(avg) sold price
2
-33%
homes sold
107
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Street description/access: City/Town, Paved, 75'-100' Frontage
Building
Built in 1993, 2,315 apx total sqft, 2,315 finished sqft, 2,315 main sqft, 3 total offices, 3 of units, Building construction: Stick Blt, Furnished: Unfurnished
Floors
1, Carpet
Water Features
Water rights/Irrigation: No, Tap Installed Paid, Public
Heating
Natural Gas
Income
Gross scheduled income : $4,950
Lot
0.31 approximate total acres, Size/Acerage: Less than 1/2
Parking
20 Parking Spaces, Off Street, Gravel, 20 + Total Spaces, Common, In Rear of Building
Property
Property attached, Zoning: Multi Use Comm Res, Property description: Corner, Boundaries Surveyed, Possible property use: Bar/Lounge, Convenience Store, General Office, Lodging, Manufacturing, Mixed-Use, Multi-Flex/R & D, Office Warehouse, Other, Professional/Medical, Restaurant, Retail Storefront, Retail Warehouse, Showroom, Special Use, Warehouse, Mixed Use, Retail Storefront, Retail Warehouse, Showroom, Mixed Use
Roof
Metal
Sewer
Public Sewer Installed, Sewer Tap Paid
Taxes
Total taxes : 11,691.48, Tax year: 2025
Utilities
Internet service, Internet provider: Clearnetworx, 1 total water meter, 1 total gas meter, 1 total electric meter, Existing utilities: Sanitary Sewer, Water, Natural Gas, Electric, Phone, Internet, Available utilities: Sanitary Sewer, Water, Natural Gas, Electric, Phone, Fiber Optics, Internet
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