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Retail Condo with Historic Character
For Sale
$925,000

185 N Lena Street, Ridgway, CO 81432

COMMERCIAL, Ridgway, CO

Property Size1,615 SF
Price / SF$572.76
Days on Market190

Property Features for 185 N Lena Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Directions Town of Ridgway, North on Lena, Property on the left.
Standard status Active
Size 1,615 SF

Building Details

Year built 2024
Listing Agency: Keller Williams Realty Southwest Associates, LLC - Montrose
Listed By: Colleen Aller · License #FA100097828
Added: Feb 25 Changed: Aug 19 Last Checked: Sep 3 at 7:06AM
MLS# 830778

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.

Greenhouse Condo B is a 1,615-square-foot commercial condominium within the Old Firehouse, a recognizable historic building in Ridgway. The space is under construction and is planned with an efficient, adaptable layout, abundant natural light, contemporary finishes, and one bathroom. Its configuration supports retail, studio, office, and professional service uses, subject to buyer verification with the Town of Ridgway.

The property is positioned just off Ridgway’s main commercial corridor, with access to local restaurants, shops, parks, and community amenities. The Old Firehouse combines historic architectural character with updated commercial improvements, creating a customer-facing setting for a range of business operations. The property is located at 185 N Lena Street, Ridgway, CO 81432, in Ouray County.

Key Highlights

  • 1,615‑square‑foot commercial condo at Greenhouse Condo B
  • Located within Ridgway’s Old Firehouse historic building
  • Under construction with 2024 construction year

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

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial condo offering natural light, contemporary finishes, and an efficient layout for multiple business concepts.
Where is this retail space located?
The property is located at 185 N Lena Street Ridgway, CO.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 1,615‑square‑foot commercial condo at Greenhouse Condo B; Located within Ridgway’s Old Firehouse historic building; Under construction with 2024 construction year
More about this property
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