Mixed-Use Property with Covered
New
For Sale
$965,000
400 Palomino Trail, Ridgway, CO 81432
COMMERCIAL, Ridgway, CO
Property Size1,952 SF
Lot Size0.23 Acres
Price / SF$494.36
Days on Market7
Property Features for 400 Palomino Trail
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
1
Rooms
Bathroom 1, Bathroom 2
Directions
From Ouray's one and only stop light--turn east on Hunter Parkway and then turn south at the first intersection. The property will be on the eastside-and just beyond the Mountain Lodge Ridgway.
Standard status
Active
Size
1,952 SF
Lot size
0.23 Acres
Building Details
Year built
2006
Listing Agency:
United Country Sneffels Realty
(970) 626-3555
Listed By:
Todd Schroedel · License #ER40026092
(970) 318-2160
Added: Sep 30
Last Checked: Oct 6 at 9:06PM
MLS# 839465
Copyright © 2026 Colorado Real Estate Network Inc. 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 1,952-square-foot mixed-use building was constructed in 2006 on a 0.23-acre parcel. Commercial space occupies the lower level, with a finished residential floor above; separate entrances allow the two areas to function independently. Covered parking, RV parking, and additional off-street spaces serve the property. Porches and decks, landscaped grounds, mature trees, and a heat-pump system are also part of the improvements.
The property sits in Ridgway’s General Commercial district, at the town’s eastern edge. Its position provides access to the Town Core and the broader Telluride, Ouray, and Montrose regional market. The combination of commercial and residential areas, separate entry points, and varied parking accommodates distinct functions within one property.
The property sits in Ridgway’s General Commercial district, at the town’s eastern edge. Its position provides access to the Town Core and the broader Telluride, Ouray, and Montrose regional market. The combination of commercial and residential areas, separate entry points, and varied parking accommodates distinct functions within one property.
Key Highlights
- 1,952‑square‑foot building on a 0.23‑acre parcel
- Commercial lower level with finished residential space upstairs
- 10+ covered parking spaces, plus RV and additional off‑street parking
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
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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
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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 commercial ground floor and 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 building on a 0.23‑acre parcel; Commercial lower level with finished residential space upstairs; 10+ covered parking spaces, plus RV and additional off‑street parking
