Historic Firehouse Mixed-Use
For Sale
$11,500,000
185 North Lena Street, Ridgway, CO 81432
A 2024 redeveloped mixed-use firehouse combining retail, office, residential, and a turnkey restaurant/event venue.
Property Size30,000 SF
Days on Market62
Property Features for 185 North Lena Street
General Information
Standard status
Active
Size
30,000 SF
Class
A
Property subtype
OFC, RES, MU
Zoning
Mixed Use
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Building Size
30,000 SF
Year Built
1907
Year Renovated
2024
Stories
3
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS SOUTHWEST ASSOC
(970) 901-7018
Listed By:
Colleen Aller · License #FA100097828
(970) 901-7018
Source:
Realnex
Added: Jun 23
Changed: Aug 14
Last Checked: Aug 14 at 7:08AM
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 SOUTHWEST ASSOC
Investment Insights
Based on property information with market context.
The Old Firehouse is an iconic mixed-use property originally built in 1907 and extensively redeveloped in 2024. The offering includes multiple condo-style components spanning commercial, office, residential, and hospitality uses, designed to support a mix of income streams and operating concepts. Greenhouse Condo B provides flexible space suited for retail, studio, or office uses, while Condo C is supported by an established office tenant. Condo D consists of four deed-restricted residential units. Condo E, the penthouse, is unfinished and includes a private rooftop balcony, an indoor/outdoor fireplace, and panoramic views described of the San Juan and Cimarron Mountains.
A fully built-out restaurant and event venue is also included, described as turnkey and ready for a new hospitality concept. The venue features a state-of-the-art commercial kitchen, a handcrafted bar, integrated AV systems, and flexible indoor/outdoor seating. The property is located within walking distance of Ridgway’s restaurants, shops, parks, and community amenities.
For buyers and operators seeking a recognizable downtown asset with diverse uses under one umbrella, The Old Firehouse offers a consolidated platform across office, residential, and hospitality. The 2024 redevelopment and ready-to-operate restaurant/event venue component support straightforward transition for hospitality-driven business models, while the additional office and flexible commercial space can accommodate complementary tenant needs.
A fully built-out restaurant and event venue is also included, described as turnkey and ready for a new hospitality concept. The venue features a state-of-the-art commercial kitchen, a handcrafted bar, integrated AV systems, and flexible indoor/outdoor seating. The property is located within walking distance of Ridgway’s restaurants, shops, parks, and community amenities.
For buyers and operators seeking a recognizable downtown asset with diverse uses under one umbrella, The Old Firehouse offers a consolidated platform across office, residential, and hospitality. The 2024 redevelopment and ready-to-operate restaurant/event venue component support straightforward transition for hospitality-driven business models, while the additional office and flexible commercial space can accommodate complementary tenant needs.
Key Highlights
- Mixed‑use firehouse originally built in 1907 and extensively redeveloped in 2024.
- Includes multiple income components: commercial retail/office, an office tenant, deed‑restricted residential units, and a restaurant/event venue.
- Greenhouse Condo B offers flexible space for retail, studio, or office use.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A 2024 redeveloped mixed-use firehouse combining retail, office, residential, and a turnkey restaurant/event venue.
Where is this mixed-use property located?
The property is located at 185 North Lena Street Ridgway, CO.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Mixed‑use firehouse originally built in 1907 and extensively redeveloped in 2024.; Includes multiple income components: commercial retail/office, an office tenant, deed‑restricted residential units, and a restaurant/event venue.; Greenhouse Condo B offers flexible space for retail, studio, or office use.
