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    Ridgway, CO
    Quadplex

    Ridgway, CO Quadplexes for Sale

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    Ouray, CO Silt, CO Montrose, CO
    Landmark Mixed-Use Firehouse Property
    Updated: Jun 26
    Landmark Mixed-Use Firehouse Property

    185 N Lena Street, Ridgway, CO 81432

    $11,500,000
    13,415 sqft
    Originally built in 1907 and extensively redeveloped in 2024, blending historic character with modern construction and infrastructure
    Mixed‑use offering includes commercial, office, residential, and hospitality components across multiple condos
    Condo D includes four deed‑restricted residential units
    Condo E penthouse is unfinished and features a private rooftop balcony plus an indoor/outdoor fireplace
    Restaurant and event venue is fully built out with a state‑of‑the‑art commercial kitchen and handcrafted bar
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    Deed-Restricted Condo Building with Four Units
    Updated: Jan 11
    Deed-Restricted Condo Building with Four Units

    185 N Lena Street, Ridgway, CO 81432

    $1,490,000
    3,424 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ridgway, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Well-Maintained 4-Plex with Off-Street Parking
    Well-Maintained 4-Plex with Off-Street Parking

    216 N Taylor Street, Gunnison, CO 81230

    $1,295,000
    3,757 sqft · 0.21 AC lot

    Four two-bedroom units with private entrances and full kitchens, plus off-street parking and shared laundry for resident convenience.

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    Multi-Business Hospitality Property
    Multi-Business Hospitality Property

    10900 Highway 65, Mesa, CO 81643

    $1,500,000
    3,216 sqft · 1.70 AC lot

    High-visibility Mesa property combines a motel, restaurant and lounge with rental and service income components.

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    Motel and Restaurant Income Property
    Motel and Restaurant Income Property

    10900 Highway 65, Mesa, CO 81643

    $1,500,000
    3,216 sqft · 1.70 AC lot

    Multi-business hospitality setup with a motel, restaurant, lounge, laundromat, and four rental units under commercial zoning.

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    Four Townhome Residential Income
    Four Townhome Residential Income

    235 S 7th Street, Gunnison, CO 81230

    $2,250,000
    5,856 sqft · 0.19 AC lot

    Four townhomes in a single package offer HOA-free, three-bedroom layouts with private yard space and updated interiors.

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    Ridgway, CO Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Ridgway, CO on our real estate platform. These investment opportunities span a total of 16,839 square feet of properties for sale, with an estimated market value of $12,990,000.

    Sale prices for four-unit buildings in Ridgway, CO start at $1,490,000, averaging $6,495,000, and reaching up to $11,500,000 — 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

    Quadplexes 2

    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 $6.5M

    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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