Two-Suite Mixed-Use
New
For Sale
$1,425,000
631 Sherman St, Ridgway, CO 81432
The existing single-level structure contains two separate commercial spaces and on-site parking.
Property Size2,315 SF
Price / SF$615.55
Days on Market7
Property Features for 631 Sherman St
General Information
Standard status
Active
Size
2,315 SF
Property subtype
Commercial
Zoning
Historic Business Zone
Building Details
Year Built
1993
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
United Country Sneffels Realty
Listed By:
Todd Schroedel · License #ER40026092
(970) 318-2160
Source:
Mountainmeadowrealestate
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 20 at 9:32PM
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
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Investment Insights
Based on property information with market context.
At 631 Sherman St in Ridgway, this 2,315-square-foot property has a single-level building constructed in 1993. Its two commercial spaces are currently configured as a fabric arts gallery and workshop, and a retail office supply store. On-site parking is located along the north side of the property.
The site is in the Historic Business Zone in Ouray County. The stated zoning parameters include a maximum building height of 35 feet and minimal setbacks. The zone allows multifamily residential, commercial, and mixed-use development, among other uses. The adjoining lot to the west is available separately, providing an option to acquire additional land alongside the property.
The site is in the Historic Business Zone in Ouray County. The stated zoning parameters include a maximum building height of 35 feet and minimal setbacks. The zone allows multifamily residential, commercial, and mixed-use development, among other uses. The adjoining lot to the west is available separately, providing an option to acquire additional land alongside the property.
Key Highlights
- 2,315‑square‑foot building constructed in 1993
- Two commercial spaces: a fabric arts gallery and workshop, and a retail office supply store
- Located in Ridgway’s Historic Business Zone, with a 35‑foot maximum building height
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The existing single-level structure contains two separate commercial spaces and on-site parking.
Where is this mixed-use property located?
The property is located at 631 Sherman St Ridgway, CO.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: 2,315‑square‑foot building constructed in 1993; Two commercial spaces: a fabric arts gallery and workshop, and a retail office supply store; Located in Ridgway’s Historic Business Zone, with a 35‑foot maximum building height
