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Two-Suite Mixed-Use Building
New
For Sale
$1,425,000

631 Sherman Street, Ridgway, CO 81432

COMMERCIAL, Ridgway, CO

Property Size2,315 SF
Lot Size0.31 Acres
Price / SF$615.55
Days on Market2

Property Features for 631 Sherman Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions Located at the corner of Sherman Street and Cora--right across from Taco Del Gnar-and on the east side of the White Church.
Standard status Active
Size 2,315 SF
Lot size 0.31 Acres

Building Details

Year built 1993
Listing Agency: United Country Sneffels Realty
Listed By: Todd Schroedel · License #ER40026092
Added: Oct 15 Last Checked: Oct 16 at 8:06PM
MLS# 839807

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.

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Investment Insights

Based on property information with market context.

At 2,315 square feet, this 1993 single-level building is divided into two commercial suites. The west space is used as a fabric arts gallery and workshop, while the east space houses a retail office supply store. The 0.31-acre parcel has on-site parking along its north side.

The property is in the Historic Business zone, which allows multifamily residential, commercial, and combined residential-commercial development. The stated maximum building height is 35 feet. An adjoining lot to the west is offered separately.

Key Highlights

  • 2,315‑square‑foot building on a 0.31‑acre parcel
  • Two commercial spaces: a fabric arts gallery and workshop, and a retail office supply store
  • Constructed in 1993; single‑level configuration

Property Analytics

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Current Use

Crunch status confirmed Agricultural Supply Dragonfly Creative Art Studio UPS Authorized Shipping ... Courier Service Ridgway Office & Mercantile (Bike/Boat/Book/etc) Store

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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
15k
Monthly Visits Nearby

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

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A single-level property combines two commercial spaces within Ridgway’s Historic Business zoning district.
Where is this mixed-use property located?
The property is located at 631 Sherman Street 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 on a 0.31‑acre parcel; Two commercial spaces: a fabric arts gallery and workshop, and a retail office supply store; Constructed in 1993; single‑level configuration
More about this property
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