Financial
Distress signals
Property profile

609 Clinton St Ridgway, CO 81432

OFF-MARKET
Office buildings
Property ID
US13-1401049
2,968 SF 0.24 ac lot Built 1990
Last sale Jun 2021 · $1,225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 9,580 square foot retail property, situated on a 0.18-acre lot at 609 CLINTON Street in the heart of downtown Ridgway, Colorado, presents a unique investment opportunity. Currently fully leased, the building generates strong rental income from a mix of commercial spaces on the main level and Airbnb rooms on the second floor. Known locally as the "Centennial Building," this iconic structure benefits from its central location in a thriving town experiencing significant growth.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$346k
Assessed land$34k
Assessed improvement$312k
Effective rate6.26%

Value estimate

· Sep 2026
$1.28M
$1.15M – $1.41M
AI approach$1.24M
Submarket $/SF estimate$1.18M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$332/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$251 – $397

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOURAY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.0
HVAC Service9.0
Auto Parts Store8.7

Location

609 Clinton St Ridgway, CO 81432-5010
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 12 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
177 Sherman, Ridgway, CO 81432 $4,250,000 Sep 2024 14,085 SF
672 Cora, Ridgway, CO 81432-6708 $1,050,000 Mar 2024 2,220 SF
380 Palomino, Ridgway, CO 81432-9214 $600,000 Aug 2022 1,584 SF
160 Amelia, Ridgway, CO 81432-9518 $582,000 Nov 2021 3,180 SF
218 Sherman, Ridgway, CO 81432-8731 $750,000 Jun 2020 3,710 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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