631 Sherman Street, Ridgway, CO 81432

This 2,315-square-foot single-level building was constructed in 1993 and is currently configured as two separate commercial spaces. The west unit is set up as a fabric arts gallery and workshop, while the east unit operates as a retail office supply store. The property sits on a 0.31-acre lot and includes on-site parking along the north side, supporting day-to-day commercial usability.

Located in Ridgway’s downtown area within Ouray County, the site falls under the Historic Business zoning district. According to the listing remarks, this zone offers flexible development for mixed commercial and residential projects, with a stated maximum building height of 35 feet and minimal setbacks. The remarks also note that there are no architectural preservation requirements in this zone, which can allow for design and redevelopment flexibility. An additional adjoining lot to the west is available separately for potential assemblage.

The current layout provides an option for maintaining existing commercial tenants or repositioning the building for alternative mixed-use and residential configurations. With parking in place and a zoning framework intended for density and mixed use, the property may appeal to owner-operators, multifamily developers, or commercial investors seeking a redevelopment pathway within a walkable downtown setting.