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257 Sherman Street

Ridgway, CO 81432
  • $1,100,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 43076
$1,100,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 5
    1/2 BATHS
  • 9,995
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:

School Ratings & Info

Description

THIS IS A 50% OWNERSHIP OPPORTUNITY. THE ENTIRE BUILDING IS ALSO FOR SALE FOR $2,395,000a"SEE MLS#:81156. This is an investment opportunity in Southwest Colorado.This splendid Rio Grande Building is strategically positioned at the convergence of CO 550 and CO 62, nestled alongside the river. Currently leased to four thriving businesses, this property's positive cash flow presents an attractive option for investors anticipating future appreciation for long-term capital gains. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various 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.

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Teullride Board of Realtors logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or Telluride Realty & Investment. Data last updated: 2024-12-04T23:49:38.003.

www.telluriderealtyhome.com/homes/158106867
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257 Sherman Street Ridgway, CO 81432

  • Price: $1,100,000
  • Status: Active
  • On Site: 13 Days
  • MLS #: 43076
0
Beds
0
Baths
5
½ Baths
0.51
Acres
9,995
SQFT
$110
$/SQFT
2006
Built
Neighborhood:
None
County:
Ouray
Area:
Ridgway - 71 (Major Area 70)
Property Description
THIS IS A 50% OWNERSHIP OPPORTUNITY. THE ENTIRE BUILDING IS ALSO FOR SALE FOR $2,395,000a"SEE MLS#:81156. This is an investment opportunity in Southwest Colorado.This splendid Rio Grande Building is strategically positioned at the convergence of CO 550 and CO 62, nestled alongside the river. Currently leased to four thriving businesses, this property's positive cash flow presents an attractive option for investors anticipating future appreciation for long-term capital gains. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various 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.
Exterior Features

Covered Parking 7 or More Cars Exterior Finish Wood (Natural) Parking Design Open Special Location Borders River Substructure Unfinished

Interior Features

Primary Heat Forced AirGas

Property Features

Commercial Type Business Disclosures None Electric Power Company Gas Natural Major Area 70 Possession At closing/funding REO No RETT None Short Sale No Sq Ft Source Developer Taxes 41279.00 Tenant Charges Include ElectricGas Tenants 4 Utility Phone Lines Regular Phone Utility Primary Heat Gas Base Water City Zoning Commercial

Teullride Board of Realtors logo Listing provided courtesy of Karen Mccarthy of Coldwell Banker Distinctive Properties-Telluride: .
Teullride Board of Realtors logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or Telluride Realty & Investment. Data last updated: 2024-12-04T23:49:38.003.

 
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Telluride Realty & Investment
747 W. Pacific Ave. Suite 416
Telluride CO, 81435