Ridgway, CO
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Ridgway, CO Residential Income Properties for Sale

    Notify Me
    List
    Map
    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
    View details
    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
    View details
    Commercial Land Parcel with Dual Access
    $695,000
    0.13 Acres
    Commercial Land Parcel with Dual Access

    Corner parcel in the Historic Business Zone with street and alley access, offering flexibility for mixed-use development.

    TBD 0.127 AC Sherman Street, Ridgway, CO 81432

    View details
    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

    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 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

    View details
    Historic Downtown Mixed-Use Building
    $550,000
    2,939 SF
    Historic Downtown Mixed-Use Building

    Renovated 1898 building with flexible live-work and multi-tenant configuration, plus basement storage and alley-access garage.

    238 S 2nd Street, Montrose, CO 81401

    View details
    Downtown Telluride Mixed-Use Development Opportunity
    $5,600,000
    1,088 SF
    Downtown Telluride Mixed-Use Development Opportunity

    High-traffic location with development potential and existing lease income.

    121 W Colorado Avenue, Telluride, CO 81435

    View details
    Telluride Mixed-Use Building For Sale
    $13,000,000
    5,518 SF
    Telluride Mixed-Use Building For Sale

    Mixed-use property with residential and commercial units in Telluride.

    394 W Colorado A, B, C & D Avenue, Telluride, CO 81435

    View details

    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.

    Ready-to-Build Resort Development Land
    $299,000
    0.42 Acres
    Ready-to-Build Resort Development Land

    Utilities at lot line and zoning for multiple dwelling types make this Ouray lot build-ready.

    Hinkson Terrace lot: 16, Ouray, CO 81427

    View details
    Ready-to-Build Mountain Resort Lot
    $299,000
    0.42 Acres
    Ready-to-Build Mountain Resort Lot

    Buildable lot with utilities at the lot line and established streetscapes for flexible residential development.

    Hinkson Terrace lot: 17, Ouray, CO 81427

    View details
    Ready-to-Build Lot in Ouray
    $299,000
    0.42 Acres
    Ready-to-Build Lot in Ouray

    Resort city lot with utilities and National Forest access.

    Lot 16 Hinkson Terrace, Ouray, CO 81427

    View details
    Ready-to-Build Lot in Ouray
    $299,000
    0.42 Acres
    Ready-to-Build Lot in Ouray

    Resort city lot with utilities, forest access, and views.

    Lot 17 Hinkson Terrace, Ouray, CO 81427

    View details

    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

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

    675 Clinton St, Ridgway, CO 81432-5062

    View details

    Ridgway, CO Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income properties for sale in Ridgway, CO, showcased through 4 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 residential income 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Apartment buildings 1
    Quadplexes 1
    Single family properties 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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings