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220 Lena St Ridgway, CO 81432

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For Sale
$875,000

Historic Restaurant, Endless Potential

Property size:
3,015 SF

Property Features for 220 Lena St

General Information

Property type
Other commercial real estate
Square Feet
3,015 SF
Lot Size
10,890 SF

Building Details

Year Built
1992

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Listing Contact
Alan Stapleton
Alan Stapleton

Listing Agency: Re/Max Cimarron Listing Agent: Alan Stapleton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 3,015 square foot commercial property at 220 S Lena Street, Ridgway, CO, presents a unique investment opportunity in a thriving market. Situated on a 0.25-acre lot in Ridgway's Historic Business Zone, this building boasts a rich history as a high-quality restaurant, dating back to the early 1990s. The property's zoning allows for a multitude of uses, including continuing its successful operation as a restaurant, or adapting it to accommodate a bakery, deli, office space, retail store, or even a small hotel. The versatility of this property is further enhanced by the inclusion of the adjacent lot to the south, adding significant potential for expansion or separate development. This additional land could seamlessly integrate into an existing business or be sold independently, maximizing the return on investment. The building's prime location within Ridgway's vibrant business district ensures high visibility and accessibility, making it an ideal choice for entrepreneurs seeking to capitalize on the town's growth and burgeoning tourism sector. This is a rare chance to acquire a well-established property with significant upside in a desirable Colorado location. The asking price is $875,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bella Vino Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Spa & Massage Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ridgway
County
Ouray County
State
Colorado
Longitude
-107.756
Latitude
38.15026

FAQs

What type of property is this?
Commercial real estate - Historic Restaurant, Endless Potential
Where is this commercial real estate located?
The property is located at 220 Lena St Ridgway, CO.
What is the asking price?
The asking price for this property is $875,000.
More about this property
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