Historic Restaurant and Event
For Sale
$6,350,000
185 N Lena Street, Ridgway, CO 81432
CommercialSale, Ridgway, CO
Property Size5,293 SF
Price / SF$1,199
Days on Market240
Property Features for 185 N Lena Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Commercial
Directions
Town of Ridgway, North on Lena, Property on the left.
Subdivision
Ridgway
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
52057
Listing Agency:
KELLER WILLIAMS SOUTHWEST ASSOC · Keller Williams Realty
(970) 375-3212
Listed By:
Colleen Aller · License #FA100097828
(970) 901-7018
Added: Jan 6
Changed: Sep 2
Last Checked: Sep 3 at 2:06PM
MLS# 20260050
Copyright © 2026 Grand Junction Area Association of Realtors. 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.
This 5,293-square-foot conventional restaurant property combines a 1907 structure with a new addition completed in 2024. The commercial buildout includes a high-end kitchen planned for operational workflow, a handcrafted bar, integrated audiovisual systems, and seating areas both indoors and outdoors. The layout supports restaurant service as well as private dining, live music, corporate gatherings, and celebrations.
Located at 185 N. Lena Street in Ridgway’s town core, the property offers pedestrian access and high visibility. Its setting provides proximity to Telluride and Ouray, along with year-round recreation and tourism activity in the surrounding area. The building is not currently operating, allowing the next owner to establish a restaurant, event venue, brewery, distillery, or related hospitality concept within the existing commercial infrastructure.
Located at 185 N. Lena Street in Ridgway’s town core, the property offers pedestrian access and high visibility. Its setting provides proximity to Telluride and Ouray, along with year-round recreation and tourism activity in the surrounding area. The building is not currently operating, allowing the next owner to establish a restaurant, event venue, brewery, distillery, or related hospitality concept within the existing commercial infrastructure.
Key Highlights
- 5,293 SF restaurant and event venue
- 1907 structure elevated in 2024 with a new addition
- State‑of‑the‑art commercial kitchen with planned workflow and capacity
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Historic brick construction pairs with a commercial kitchen, bar, event AV, and indoor-outdoor seating.
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 elevated in 2024 with a new addition; State‑of‑the‑art commercial kitchen with planned workflow and capacity
