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Historic Restaurant with Commercial Kitchen
For Sale
$6,350,000

185 N Lena Street, Ridgway, CO 81432

COMMERCIAL, Ridgway, CO

Property Size5,293 SF
Price / SF$1,199
Days on Market237

Property Features for 185 N Lena Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Directions Town of Ridgway, North on Lena, Property on the left.
Standard status Active
Size 5,293 SF

Amenities

integrated AV systems

Building Details

Year built 1907
Listing Agency: Keller Williams Realty Southwest Associates, LLC - Montrose
Listed By: Colleen Aller · License #FA100097828
Added: Jan 9 Changed: Sep 2 Last Checked: Sep 3 at 5:06AM
MLS# 830773

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a 5,293-square-foot restaurant and event venue centered in a 1907 structure with a new addition and high-end commercial construction. A state-of-the-art commercial kitchen, handcrafted bar, integrated audiovisual systems, and both indoor and outdoor seating support restaurant service, private dining, live music, corporate events, and celebrations. The property is currently not operating and is identified as under construction.

Located at 185 N. Lena Street in Ridgway, the property sits within the town core with high visibility and pedestrian access. Its historic brickwork is paired with contemporary construction and updated mechanical systems, creating a distinctive hospitality setting with substantial infrastructure already in place.

Key Highlights

  • 5,293 SF restaurant and event venue
  • 1907 structure with a new addition elevated in 2024
  • State‑of‑the‑art commercial kitchen with planned workflow and capacity

Property Analytics

Current Use

The Old Firehouse Restaurant

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Home Improvements & Furnishings 10%
Shell Shops & Services
7,177 visits/mo 0.5 miles
Conoco Shops & Services
6,523 visits/mo 0.5 miles
Ridgway Hardware Home Improvements & Furnishings
1,456 visits/mo 0.2 miles

Demographics for 81432, CO

3,061
Population
2,058
Households
1.5
Avg Household Size
54
Median Age
56%
College-Educated
99%
High-School Grad
300.4 sq mi
ZIP Area
10
Density / Sq Mi
$87,547
Median Household Income
$46,643
Median Earnings
$1,469
Median Rent
$771,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with event infrastructure, indoor and outdoor seating, and a handcrafted bar in Ridgway’s town core.
Where is this conventional restaurant located?
The property is located at 185 N Lena Street Ridgway, CO.
What is the asking price?
The asking price for this property is $6,350,000.
What are key features of this property?
This property features: 5,293 SF restaurant and event venue; 1907 structure with a new addition elevated in 2024; State‑of‑the‑art commercial kitchen with planned workflow and capacity
More about this property
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