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Historic Restaurant and Event Venue
For Sale
$6,350,000

185 N Lena Street, Ridgway, CO 81432

COMMERCIAL - Ridgway, CO

Property Size5,293 SF
Price / SF$1,199
Days on Market225

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
Listed By: Colleen Aller · License #FA100097828
Added: Jan 6 Changed: Aug 18 Last Checked: Aug 19 at 6:06AM
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 restaurant and event property combines a 1907 structure with an addition completed in 2024. The buildout includes a commercial kitchen planned for professional foodservice, a handcrafted bar, integrated audiovisual systems, and seating both inside and outside. The property is not currently operating, allowing a new owner to establish a restaurant, event venue, or related hospitality concept without an existing operation in place.

Located at 185 N. Lena Street in the town core of Ridgway, the property offers high visibility and pedestrian access. Its design retains historic brickwork while incorporating contemporary construction and updated mechanical systems. The venue can accommodate private dining, live music, corporate functions, celebrations, and larger gatherings through its flexible seating and event infrastructure.

Key Highlights

  • 5,293 SF restaurant and event venue
  • 1907 structure with an addition completed in 2024
  • Commercial kitchen with professional foodservice infrastructure

Property Analytics

Current Use

The Old Firehouse Restaurant

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic restaurant property 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 with an addition completed in 2024; Commercial kitchen with professional foodservice infrastructure
More about this property
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