257 Sherman St Ridgway, CO 81432
- Retail space
- 3,136 SF
- 0.51 lot acres
Current Use by Public Records
- TheraTogs / Manufacturer
- River Peak Dental / Dental Implants Periodontist / Dentist
- Coldwell Banker Distinctive Properties / Real Estate Agency / Real Estate Consultant
- Ouray Brokers Serving ALL of Ouray County / Real Estate Agency
- Rainbow Accounting Services LLC / Accountant
Property Details for 257 Sherman St
- Year built
- 2006
- Lot size
- 0.51 lot acres
- Property size
- 3,136 SF
- Property type
- Retail space
- APN
- 430516322002
- APU
- 430516322002
Description
This exceptional mixed-use property in Ridgway, Colorado, presents a unique investment opportunity. Located at 257 Sherman Street, this 9,995 square foot building sits on a 0.51-acre lot at the strategic intersection of CO 550 and CO 62, offering unparalleled visibility and accessibility. Currently generating positive cash flow from four established tenants, this property is an ideal choice for investors seeking long-term capital appreciation. The building boasts over 28 parking spaces, a significant advantage in this vibrant town. Constructed with high-quality materials, including copper gutters and windows, the architecture reflects Ridgway's rich history. The current zoning allows for a variety of uses, including office, retail, and dining establishments, providing flexibility for future development and expansion. This offering represents a 50% ownership stake
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ridgway
- County
- Ouray
- State
- Colorado
- Longitude
- -107.753
- Latitude
- 38.1517
- CBSA code
- 33940
- CBSA name
- MONTROSE, CO MICROPOLITAN STATISTICAL AREA
