$1,100,000
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257 SHERMAN Street Ridgway, CO 81432
Mixed Use
Residence
Beds
5
Baths
...
Bed/Bath
9,995
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
THIS IS A 50% OWNERSHIP OPPORTUNITY. THE ENTIRE BUILDING IS ALSO FOR SALE FOR $2,395,000â??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. Curre...ntly 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 of mining, ranching and railroad heritage. Ridgway, CO, is nestled amidst some of the world's most iconic 14,000 mountain peaks.
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MLS#
819489
Property Type
Mixed Use
Bathrooms
5 Half
Year Built
2006
Square Feet
9,995
sq. ft
Price per Sq. Ft.
$110.06
Lot Size
0.51
Stories
1.0
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