$950,000

257 Sherman Street Unit: Rio Grande Building, Ridgway CO, 81432

Price per sqft$95.05

Built in2006

Property size9,995 sqft

Property typeCommercial

Listed by Karen McCarthy with Coldwell Banker Distinctive Properties 970-946-0662

Overview

Active

Listed Jul 15, 2026

Updated Aug 6

Prime Commercial Building - 50% OWNERSHIP OPPORTUNITY. Seize this exceptional investment opportunity. Currently leased to four thriving businesses, this investment opportunity presents an attractive option for investors seeking the potential for significant long-term capital gains while benefiting from a small positive cash flow. Surrounded by breathtaking 14,000-foot peaks, the distinguished Rio Grande Building is strategically located in Ridgway's thriving commercial heart at the intersection of CO 550 and CO 62, midway between Montrose and Telluride, CO. On the river, the property has superior construction, features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial uses—including office, retail, and dining. 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.

Additional information

MLS^® ID: 837163

Interior Features

Bathrooms: 5
Basement: No

Exterior Features

Lot Size: 0.51 Acres

Other Property Details

Taxes: $37,358
Tax Frequency: Annually

Listed by Karen McCarthy with Coldwell Banker Distinctive Properties 970-946-0662

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Data last updated on: 8/6/2026