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    Ridgway, CO
    Creative Space

    Ridgway, CO Creative Space for Sale

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    Ouray, CO Silt, CO Montrose, CO Placerville, CO Telluride, CO Mountain Village, CO Cimarron, CO Silverton, CO
    Single-Level Mixed-Use Building
    Updated: Feb 24
    Single-Level Mixed-Use Building

    631 Sherman Street, Ridgway, CO 81432

    $949,000
    2,315 sqft 0.16 AC lot
    Built in 1993, 2,315 SF single‑level building currently split into two spaces: a fabric arts gallery/workshop and an office supply store.
    Located in the Historic Business Zone with flexible mixed‑use zoning for uses including commercial, residential, multi‑family housing, retail, restaurants, and professional offices.
    35‑ft maximum building height, with minimal setbacks to help maximize building space on the lot.
    Ample parking on the north side of the lot for tenants, customers, and visitors.
    Includes two on‑site bathrooms (Bathroom 1 and Bathroom 2).
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    Mixed-Use Retail Building with Parking
    Updated: Feb 24
    Mixed-Use Retail Building with Parking

    631 Sherman Street, Ridgway, CO 81432

    $1,595,000
    2,315 sqft
    2,315 SF single‑level building built in 1993, currently set up as two separate commercial spaces.
    West unit operates as a fabric arts gallery and workshop; east unit operates as a retail office supply store.
    Historic Business zoning in Ouray County with no architectural preservation requirements, supporting redevelopment and mixed‑use design flexibility.
    Historic Business Zone allows multifamily, workforce/affordable housing configurations, and mixed‑use commercial + residential projects.
    35‑foot maximum building height and minimal setbacks support vertical development and maximizing lot footprint.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ridgway, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Performance and Arts Building
    Historic Performance and Arts Building

    165 W Bridge Street, Hotchkiss, CO 81419

    $565,000
    7,320 sqft

    Historic building with a gift shop, pottery studio, classroom space, and performance stage, plus outdoor patio and public parking.

    View details
    Retail-Office Building with Expansion
    Retail-Office Building with Expansion

    88 W Hwy 149, South Fork, CO 81154

    $110,000
    800 sqft 0.19 AC lot

    Updated commercial building off Hwy 149 with ample parking, bathroom, and space to expand.

    View details
    Ground-Floor Retail/Office with Mezzanine
    Ground-Floor Retail/Office with Mezzanine

    1-178 E Bridge St, Hotchkiss, CO 81419

    $325,000

    Ground-floor commercial unit with an open mezzanine, updated electrical and plumbing, new LED lighting, and ADA-compliant bathroom.

    View details
    Versatile Retail/Office Building Updates
    Versatile Retail/Office Building Updates

    88 W Hwy 149, South Fork, CO 81154

    $110,000
    800 sqft

    Commercial building with a bathroom, ample parking, and recent exterior and electrical improvements, plus included remodel materials.

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    Ridgway, CO Creative Space Market Trends and Statistics

    Explore 2 creative space for sale in Ridgway, CO on our real estate platform. These investment opportunities span a total of 4,630 square feet of properties for sale, with an estimated market value of $2,544,000.

    Sale prices for creative space in Ridgway, CO start at $949,000, averaging $1,272,000, and reaching up to $1,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 12
    Creative space 4
    Coworking space 2
    Medical Office Space 1

    Demographics Overview

    Population 3,150
    Population Growth (5Y) +5.1%
    Median Household Income $87,547
    College Educated 77.6%

    High-Yield Neighborhoods for Investment

    Identify Ridgway submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81432 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 6.09%
    Property Tax per SF $32.86 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ouray County

    New Delisted

    Total CRE Inventory on Market (SF)

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