Redeveloped Mixed-Use
For Sale
$8,750,000
185 N Lena Street, Ridgway, CO 81432
COMMERCIAL, Ridgway, CO
Property Size13,415 SF
Price / SF$652.25
Days on Market76
Property Features for 185 N Lena Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
9
Full bathrooms
6
Half bathrooms
3
Rooms
Bathroom 6, Bathroom 7, Bathroom 9, Bathroom 3, Bathroom 5, Bathroom 2, Bathroom 8, Bathroom 1, Bathroom 4
Directions
Town of Ridgway, North on Lena, Property on the left.
Standard status
Active
Size
13,415 SF
Building Details
Year built
2024
Listing Agency:
Keller Williams Realty Southwest Associates, LLC - Montrose
(970) 596-0870
Listed By:
Colleen Aller · License #FA100097828
(970) 901-7018
Added: Jul 13
Changed: Sep 18
Last Checked: Sep 26 at 9:06AM
MLS# 836359
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.
This 13,415-square-foot mixed-use property at 185 N Lena Street brings together several commercial and residential components. The offering includes flexible retail, studio, or office space in Greenhouse Condo B, an office unit with an established tenant in Condo C, and four deed-restricted residential units in Condo D. Condo E is an unfinished penthouse residence with a private rooftop balcony, indoor/outdoor fireplace, and views toward the San Juan and Cimarron Mountains.
A fully built-out restaurant and event venue adds a commercial kitchen, handcrafted bar, integrated AV systems, and adaptable indoor and outdoor seating. The property was extensively redeveloped in 2024 and is within walking distance of Ridgway restaurants, shops, parks, and community amenities. Its setting also places it within the broader regional area serving Ouray, Telluride, and the surrounding San Juan Mountain region.
A fully built-out restaurant and event venue adds a commercial kitchen, handcrafted bar, integrated AV systems, and adaptable indoor and outdoor seating. The property was extensively redeveloped in 2024 and is within walking distance of Ridgway restaurants, shops, parks, and community amenities. Its setting also places it within the broader regional area serving Ouray, Telluride, and the surrounding San Juan Mountain region.
Key Highlights
- 13,415 square feet of mixed‑use commercial and residential space
- Extensively redeveloped in 2024
- Four deed‑restricted residential units in Condo D
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines retail, office, residential, restaurant, and event uses within a downtown Ridgway setting.
Where is this mixed-use property located?
The property is located at 185 N Lena Street Ridgway, CO.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: 13,415 square feet of mixed‑use commercial and residential space; Extensively redeveloped in 2024; Four deed‑restricted residential units in Condo D
