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Mixed-Use Property with Live-Work Layout
New
For Sale
$965,000

400 Palomino Trail, Ridgway, CO 81432

Commercial space below and a finished residence above support separate business and residential functions.

Property Size1,952 SF
Price / SF$494.36
Days on Market6

Property Features for 400 Palomino Trail

General Information

Standard status Active
Size 1,952 SF
Property subtype Commercial
Zoning General Commercial

Amenities

covered parking
RV parking
off-street parking
separate entrances
expansive porches and decks
landscaped grounds
mature trees
heat-pump system

Building Details

Year Built 2006
Buildings 1
Stories 2
Listing Agency: United Country Sneffels Realty
Listed By: Todd Schroedel · License #183
Source: Destinationdro
Added: Oct 1 Last Checked: Oct 5 at 3:59PM

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 United Country Sneffels Realty

Investment Insights

Based on property information with market context.

This 1,952-square-foot mixed-use property has a commercial lower level and a finished residential upper level, with separate entrances. Built in 2006, it also features expansive porches and decks, landscaped grounds, mature trees, and a heat-pump system. Parking includes 10+ covered spaces, RV parking, and additional off-street spaces.

The property sits at Ridgway’s eastern edge, with access to the Town Core and the broader Telluride, Ouray, and Montrose region. It is in Ridgway’s General Commercial district; permitted uses should be verified with the Town.

Key Highlights

  • 1,952‑square‑foot mixed‑use property with commercial space below and a finished residence above
  • 10+ covered parking spaces, plus RV parking and additional off‑street parking
  • Separate entrances serve the commercial and residential levels

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Auto Repair Shop Plumbing Service Auto Parts Store (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

191
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space below and a finished residence above support separate business and residential functions.
Where is this mixed-use property located?
The property is located at 400 Palomino Trail Ridgway, CO.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 1,952‑square‑foot mixed‑use property with commercial space below and a finished residence above; 10+ covered parking spaces, plus RV parking and additional off‑street parking; Separate entrances serve the commercial and residential levels
More about this property
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