Historic Office Condominium in
185 N Lena Street Ridgway, CO 81432
185 N Lena Street, Ridgway, CO, 81432
$1,145,000
For Sale
$1,145,000
COMMERCIAL - Ridgway, CO
Property Size1,471 SF
Price / SF$778.38
Days on Market174
Property Features for 185 N Lena Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Property condition
- Under Construction
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- Size
- 1,471 SF
Building Details
- Year built
- 2024
Listing Agency
Keller Williams Realty Southwest Associates, LLC - Montrose
(970) 596-0870
Durango, CO
Listed by
Colleen Aller · License #FA100097828
(970) 901-7018
Added: Jan 24 Checked: Jul 17 at 11:06 am
MLS# 831132
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Investment Insights
Based on property information with market context.
Condo C is a leased office condominium within Ridgway’s Old Firehouse project, an iconic 1907 structure redeveloped in 2024 with an architecturally sensitive approach. The space is configured for professional use with a versatile mix of open collaborative areas, private meeting areas, and adaptable work zones. The unit is designed to take advantage of natural light and includes modern finishes. As part of the 2024 expansion and rebuild, the space benefits from upgraded electrical, mechanical, insulation, windows, and life-safety systems.
The condominium is located along North Lena Street, providing visibility and walkable access to restaurants, coffee shops, retail, parks, pathways, and civic amenities in Ridgway’s town center. The setting also draws regional traffic associated with Ouray, Telluride, and Montrose, supporting consistent visitor and professional movement tied to year-round recreation.
Condo C is currently leased to Alt Space, a coworking operator serving remote professionals, freelancers, entrepreneurs, and small teams throughout the region. For investors, the existing lease provides in-place income with minimal day-to-day management oversight. For owner-users, the updated infrastructure and flexible office layout support a range of professional office needs while remaining within a landmark, restored building.
The condominium is located along North Lena Street, providing visibility and walkable access to restaurants, coffee shops, retail, parks, pathways, and civic amenities in Ridgway’s town center. The setting also draws regional traffic associated with Ouray, Telluride, and Montrose, supporting consistent visitor and professional movement tied to year-round recreation.
Condo C is currently leased to Alt Space, a coworking operator serving remote professionals, freelancers, entrepreneurs, and small teams throughout the region. For investors, the existing lease provides in-place income with minimal day-to-day management oversight. For owner-users, the updated infrastructure and flexible office layout support a range of professional office needs while remaining within a landmark, restored building.
Key Highlights
- Condo C is a 1,145 SF office condominium in Ridgway’s Old Firehouse project, rebuilt in 2024 from the 1907 structure
- Space is currently leased to Alt Space, a coworking operator serving remote professionals, freelancers, entrepreneurs, and small teams
- 2024 expansion and rebuild includes upgraded electrical, mechanical, insulation, windows, and life‑safety systems
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Old Firehouse
Restaurant
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FAQs
What type of property is this?
Coworking space - Leased office condo in a 2024 Old Firehouse redevelopment, offering a turnkey setup with coworking tenant continuity.
Where is this coworking 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 $1,145,000.
What are key features of this property?
This property features: Condo C is a 1,145 SF office condominium in Ridgway’s Old Firehouse project, rebuilt in 2024 from the 1907 structure; Space is currently leased to Alt Space, a coworking operator serving remote professionals, freelancers, entrepreneurs, and small teams; 2024 expansion and rebuild includes upgraded electrical, mechanical, insulation, windows, and life‑safety systems