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

185 N Lena Street Unit Condo "A", Ridgway, CO 81432

A commercial kitchen, bar, AV systems, and indoor-outdoor seating support dining and private gatherings.

Property Size5,293 SF
Price / SF$1,199
Days on Market295

Property Features for 185 N Lena Street Unit Condo "A"

General Information

Standard status Active
Size 5,293 SF
Property subtype Business

Additional Details

Patio Yes

Amenities

integrated AV systems

Building Details

Building Size 5,293 SF
Year Built 1907
Year Renovated 2024
Listing Agency: Keller Williams Realty Southwest Associates, LLC - Montrose
Listed By: Colleen Aller · License #FA100097828
Source: Ellisonmacintire
Added: Jan 6 Changed: Oct 28 Last Checked: Oct 28 at 1:41AM

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 Keller Williams Realty Southwest Associates, LLC - Montrose

Rey
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Investment Insights

Based on property information with market context.

This 5,293-square-foot restaurant and event property combines a 1907 structure with a new addition completed in 2024. The interior includes a commercial kitchen, handcrafted bar, integrated AV systems, and indoor seating; outdoor seating adds another service area. The property is not currently operating, and its existing restaurant and event features are in place.

Situated in Ridgway’s town core, the property offers pedestrian access. The building pairs historic brickwork with contemporary construction and includes infrastructure for restaurant and hospitality operations.

Key Highlights

  • 5,293 SF restaurant and event venue
  • 1907 structure with a new addition completed in 2024
  • Commercial kitchen, handcrafted bar, and integrated AV systems

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A commercial kitchen, bar, AV systems, and indoor-outdoor seating support dining and private gatherings.
Where is this conventional restaurant located?
The property is located at 185 N Lena Street Unit Condo "A" 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 a new addition completed in 2024; Commercial kitchen, handcrafted bar, and integrated AV systems
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