609 Clinton St, Ridgway, CO 81432-5010
- Office buildings
- 2,968 SF
- 0.24 lot acres
Current Use by Public Records
- Billings Artworks / Factory / Production Facility
- Mountain Girl Gallery / Art Gallery
- Kiitellä / Art Studio
- The Vault Vintage and Consignment / (Bike/Boat/Book/etc) Store
Property Details for 609 Clinton St
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 0.24 lot acres
- Property type
- Office buildings
- APN
- 430516209004
- APU
- 430516209004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 17, 2023 | — | 609 Clinton Street LLC | — | Deed · related | $1.3M · North Valley Bank |
| Jun 14, 2021 | $1,225,000 | 609 Clinton Street LLC | Laura L Hagert | Special Warranty Deed | $1.1M · Tbjfm LLC |
Description
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. Ridgway's strategic position as a gateway to Telluride, Ouray, and Montrose attracts a steady stream of tourists and outdoor enthusiasts. The area boasts abundant recreational opportunities, including nearby hot springs, mountain biking trails, live music venues, and the popular Ridgway State Park, a stunning mountain lake setting just 15 minutes away. The high volume of traffic on Highway 550, including the start of the renowned Million Dollar Highway, ensures significant visibility and accessibility. Furthermore, the property offers potential for expansion
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,280,000
- ML approach
- $1,240,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,179,000
- AI Estimate
- $1,393,000
Market price range: $746k - $1.18MMarket price range: $523k - $1.39M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ridgway
- County
- Ouray
- State
- Colorado
- Longitude
- -107.758
- Latitude
- 38.1527
- CBSA code
- 33940
- CBSA name
- MONTROSE, CO MICROPOLITAN STATISTICAL AREA
