Ridgway, CO
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    Ridgway, CO Multifamily Properties for Sale

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    Ouray, CO Montrose, CO Placerville, CO
    Historic Business Mixed-Use Building
    $1,595,000
    2,315 SF
    Historic Business Mixed-Use Building

    631 Sherman Street, Ridgway, CO 81432

    Single-level building with two separate retail spaces on a downtown development site zoned for mixed-use density.
    • 2,315 SF single‑level building built in 1993, currently set up as two separate commercial spaces
    • West unit functions as a fabric arts gallery and workshop; east unit is a retail office supply store
    • Historic Business zone in Ouray County allows multifamily, workforce/affordable housing, and mixed‑use commercial + residential development
    • Zoning includes up to a 35‑foot maximum building height and minimal setbacks to help maximize the lot footprint
    • Ample on‑site parking along the north side of the property supports commercial use
    Updated: Jun 10
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    Deed-Restricted Condo Building with Four Units
    $1,490,000
    3,424 SF
    Deed-Restricted Condo Building with Four Units

    185 N Lena Street, Ridgway, CO 81432

    Four newly finished deed-restricted condos with covered carports and storage, in an elevator-served historic building.
    • 4‑unit condo offering in the historic Old Firehouse building, including three 1‑bedroom/1‑bath units and one studio with a full bath.
    • Under construction (Year built 2024) with newly finished interiors in each unit.
    • Each unit includes kitchen appliances plus in‑unit washer and dryer: oven/range, refrigerator, dishwasher, washer, and dryer.
    • Residents have dedicated storage areas and covered carports, and an elevator provides access to the residential level.
    • Deed restriction is income‑based at 140% of Area Median Income, with approximately 17 years remaining before conversion to free‑market status.
    Updated: Jan 11
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    Iconic Ridgway Firehouse Reconstruction
    $8,500,000
    10,918 SF
    Iconic Ridgway Firehouse Reconstruction

    Turn-key restaurant and event center with employee housing.

    185 N Lena St, Ridgway, CO 81432

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Ridgway, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New 6-Plex Townhome Development
    $2,490,000
    8,352 SF
    New 6-Plex Townhome Development

    To-be-built 6-plex with individually deeded townhome units, each with three bedrooms, two-and-a-half baths, and a garage.

    738-748 E Star Court, Montrose, CO 81401

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    New Construction Montrose Townhome 6-Plex
    $2,490,000
    8,352 SF
    New Construction Montrose Townhome 6-Plex

    New construction 6-plex with townhome units in Montrose, Colorado.

    738-748 E Star Court, Montrose, CO 81401

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    Mixed-Use Multifamily Building
    $2,475,000
    12,098 SF
    Mixed-Use Multifamily Building

    Mixed-use building with 10 apartments and 3 street-level commercial units, plus separate utilities and covered parking.

    1428 Greene Street, Silverton, CO 81433

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    Silverton's Historic Old Town Square
    $1,300,000
    5,340 SF
    Silverton's Historic Old Town Square

    Charming commercial property with multiple income streams in Silverton, Colorado.

    1135 Blair Street, Silverton, CO 81433

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ridge-Top Development Land with Highway Frontage
    $2,450,000
    64.15 Acres
    Ridge-Top Development Land with Highway Frontage

    Large parcel offers multiple development pathways, including single-family, multi-family, and commercial uses along Highway 160.

    30135 E Highway 160, Durango, CO 81301

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    Mobile Home Park on Major Thoroughfare
    $3,200,000
    6.08 Acres
    Mobile Home Park on Major Thoroughfare

    Mobile home park for sale on a major thoroughfare with nearby community and hospital campus access in Durango.

    440 CR 232, Durango, CO 81303

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    Waterfront Development Land with RV Parking
    $585,000
    1.94 Acres
    Waterfront Development Land with RV Parking

    River-access land in a gated community with utilities available and approvals for cabins and garage bays.

    116 Big River Way Lot 9, South Fork, CO 81154

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    Land For Sale, Cortez, CO
    $100,000
    0.59 Acres
    Land For Sale, Cortez, CO

    Commercial land available in Cortez, Colorado.

    N Chestnut Street, Cortez, CO 81321

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    Off-Market Properties in Ridgway, CO

    Consider similar Off-Market properties in Ridgway, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    20748 Hwy 550
    MOBILE HOME PARK, TRAILER PARK
    924 SF Lot: 39.00 Acres
    Value Estimation by Request

    20748 Hwy 550, Ridgway, CO 81432-9663

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    675 Clinton St
    APARTMENT HOUSE (5+ UNITS)
    28,434 SF
    Estimated value
    $705,000

    675 Clinton St, Ridgway, CO 81432-5062

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    Ridgway, CO Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Ridgway, CO, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 16,657 square feet of properties for sale, with an estimated market value of $11,585,000.

    Sale prices for multifamily properties in Ridgway, CO start at $1,490,000, averaging $3,861,666, and reaching up to $8,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 3,150
    Population Growth (5Y) +5.1%
    Median Household Income $87,547
    College Educated 77.6%

    High-Yield Neighborhoods for Investment

    Identify Ridgway submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81432 $8.5M

    Taxes & Financing

    Tax Rate (average for all types) 6.09%
    Property Tax per SF $32.86 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ouray County

    New Delisted

    Total CRE Inventory on Market (SF)

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