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Office Condominium with Coworking Tenant
New
For Sale
$1,145,000

185 N Lena Street #Condo "C", Ridgway, CO 81432

Currently leased to Alt Space, a coworking operator serving professionals, freelancers, entrepreneurs, and small teams.

Property Size1,471 SF
Price / SF$778.38
Days on Market5

Property Features for 185 N Lena Street #Condo "C"

General Information

Standard status Active
Size 1,471 SF
Property subtype Commercial
Zoning Business, General Commercial

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Building Size 1,471 SF
Year Built 2024
Year Renovated 2024
Buildings 1
Units 1
Construction brick
Tenancy Single
Owner Occupied No
Listing Agency: Grand Mesa Real Estate Services
Listed By: Lucinda Stanley
Source: Grandmesares
Added: Oct 21 Changed: Oct 24 Last Checked: Oct 24 at 3:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grand Mesa Real Estate Services

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office condominium is part of the Old Firehouse redevelopment in Ridgway. The original 1907 building underwent a major renovation and expansion in 2024, with updated electrical, mechanical, insulation, window, and life-safety systems. The unit is currently leased to Alt Space, a coworking operator. Its interior includes collaborative work areas, private meeting space, and flexible workspaces, with modern finishes and natural light.

The property is at 185 N Lena Street in Ridgway and is zoned Business, General Commercial. Restaurants, coffee shops, retail, parks, pathways, and civic amenities are nearby.

Key Highlights

  • Office condominium at 185 N Lena Street in Ridgway
  • Currently leased to Alt Space, a coworking operator
  • Part of the Old Firehouse redevelopment, completed in 2024

Property Analytics

Current Use

Office Units

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2
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

Frequently Asked Questions

What type of property is this?
Office unit - Currently leased to Alt Space, a coworking operator serving professionals, freelancers, entrepreneurs, and small teams.
Where is this office unit located?
The property is located at 185 N Lena Street #Condo "C" 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: Office condominium at 185 N Lena Street in Ridgway; Currently leased to Alt Space, a coworking operator; Part of the Old Firehouse redevelopment, completed in 2024
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