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    Ridgway, CO Creative Space for Sale

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    Ouray, CO Montrose, CO Placerville, CO
    Single-Level Mixed-Use Building
    $949,000
    2,315 SF
    Single-Level Mixed-Use Building

    631 Sherman Street, Ridgway, CO 81432

    Single-level building with flexible Historic Business Zone zoning and ample north-side parking for multiple business concepts.
    • 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).
    Updated: Feb 24
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    Historic Business Mixed-Use Building
    $1,595,000
    2,315 SF
    Historic Business Mixed-Use Building

    631 Sherman Street, Ridgway, CO 81432

    Single-level building with two separate retail spaces on a downtown development site zoned for mixed-use density.
    • 2,315 SF single‑level building built in 1993, currently set up as two separate commercial spaces
    • West unit functions as a fabric arts gallery and workshop; east unit is a retail office supply store
    • Historic Business zone in Ouray County allows multifamily, workforce/affordable housing, and mixed‑use commercial + residential development
    • Zoning includes up to a 35‑foot maximum building height and minimal setbacks to help maximize the lot footprint
    • Ample on‑site parking along the north side of the property supports commercial use
    Updated: Jun 10
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    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

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    Ground floor retail unit with a licensed commercial kitchen and built-in cabinetry for creative and food-focused concepts.

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    9097 Flats
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    9097 Flats
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    Ridgway, CO Creative Space Investment Opportunities Market Analysis

    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 8
    Coworking space 2
    Creative space 2
    Office buildings 1

    Demographics Overview

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

    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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