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Top-Floor Penthouse with Rooftop Balcony
For Sale
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185 North Lena Street, Ridgway, CO 81432

Unfinished 3-bedroom, 2-bath penthouse with glass walls to a private rooftop balcony and panoramic mountain views.

Property Size2,026 SF
Price / SF$887.96
Days on Market64

Property Features for 185 North Lena Street

General Information

Standard status Active
Size 2,026 SF
Class A
Property subtype Retail, Mixed Use, Special Purpose
Zoning Mixed Use
Occupancy 25%

Building Details

Year Built 1907
Year Renovated 2024
Buildings 1
Stories 3
Units 1
Listing Agency: Keller Williams Realty Southwest Associates, LLC
Listed By: Colleen Aller · License #FA 100097828
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Jun 24 at 2:10AM

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

Investment Insights

Based on property information with market context.

This top-floor penthouse in the Old Firehouse offers a luxury shell designed for indoor/outdoor living. The layout includes three bedrooms and two bathrooms with high ceilings and abundant natural light. Along the east side, full-height glass walls open directly to a private rooftop balcony overlooking Ridgway Town Park. A two-sided indoor/outdoor fireplace is positioned to create a seamless transition between the great room and the terrace. Construction is already underway, with major systems in place; the remaining scope includes trim, flooring, kitchen installation, fixtures, and final finishes, allowing you to tailor the interior to your preferences.

Set within a carefully restored historic building, the residence is positioned for in-town convenience, within steps of restaurants, shops, parks, and the creative district. Ridgway’s location also supports easy access to the Ouray, Telluride, and San Juan region.

For buyers looking for a distinctive finished-to-order residence, this penthouse combines premium outdoor space with expansive Cimarron and San Juan Mountain views. It’s especially well-suited to an owner-occupant or lifestyle-minded buyer who wants to control the final material and finish selections while starting from a high-end architectural shell with key building systems already in place.

Key Highlights

  • Unfinished 3‑bedroom, 2‑bath penthouse in the Old Firehouse (Year built: 1907)
  • Top‑floor condo with full‑height glass walls opening to a private rooftop balcony
  • Panoramic views of the Cimarron and San Juan Mountains

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Unfinished 3-bedroom, 2-bath penthouse with glass walls to a private rooftop balcony and panoramic mountain views.
Where is this residential income 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 $1,799,000.
What are key features of this property?
This property features: Unfinished 3‑bedroom, 2‑bath penthouse in the Old Firehouse (Year built: 1907); Top‑floor condo with full‑height glass walls opening to a private rooftop balcony; Panoramic views of the Cimarron and San Juan Mountains
(970) 901-7018 Call to check price and availability
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