Versatile Mixed-Use Development in Ridgway, CO

631 Sherman St., Ridgway, CO 81432

  • For Sale $1,025,000
  • Property Type Mixed Use
  • Property Size 2,315 SF
  • Lot Size 0.1 Acre
  • # of Floors 1
  • Property Tenancy Single Tenant
  • Year Built 1993
  • Date Updated Mar 13, 2025

Investors, multi-family developers, and artists—this is your chance to own a versatile property in the heart of Ridgway, Colorado! Located in the Historic Business Zone, this property offers some of the most flexible zoning regulations in Western Colorado. Don't be misled by the term "Historic"—there are no architectural restrictions or requirements to preserve old structures. Instead, this zone provides expansive opportunities for mixed-use development, including commercial, residential, multi-family housing, retail, restaurants, and more.

Key Features:

  • Mixed-use zoning: Build residential units, art studios, galleries, restaurants, retail spaces, or professional offices all under one roof.
  • 2315 sq. ft. single-level building: Currently divided into two separate spaces—a fabric arts gallery and workshop on the west end and an office supply store on the east end.
  • 35-foot maximum building height: Ideal for expanding upward—imagine adding additional floors for stunning mountain views and increased revenue potential.
  • Minimal setbacks: Take full advantage of the lot’s footprint to maximize building space.
  • Ample parking: Located on the north side of the lot, providing convenience for tenants, customers, or gallery visitors.
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Contacts

broker

United Country Real Estate

Location

Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable
  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Ridgway, CO
  • Zip Code 81432

Points of Interest

  • Shell

    0.48 miles

  • ChargePoint

    0.49 miles

  • Conoco

    0.54 miles

  • Ridgway Area Trails Parking

    2.11 miles

  • Chipeta Lodge Resort and Spa

    0.22 miles

  • MTN Lodge Ridgway

    0.62 miles

  • Ouray Riverside Inn and Cabins

    9.02 miles

  • Bridal Veil Bed and Breakfast

    9.19 miles

  • Timber Ridge Lodge

    9.30 miles

  • Hot Springs Inn

    9.37 miles

  • River's Edge Lodge and Resort

    9.93 miles

  • Historic Western Hotel

    9.97 miles

  • Black Bear Manor

    9.99 miles

  • Gnar Tacos

    0.02 miles

  • Thai Paradise

    0.03 miles

  • El Agave Azul

    0.04 miles

  • Kismet Cafe

    0.05 miles

  • Colorado Boy

    0.05 miles

  • Provisions Cafe & Catering

    0.05 miles

  • Eatery 66

    0.07 miles

  • Kate's Place

    0.08 miles

  • Ouray KOA Mountain Top Resort Restaurant and Bakery

    5.63 miles

  • Miner's Cafe

    7.70 miles

  • Ridgway Elementary School

    0.40 miles

  • Ridgway Secondary School

    0.85 miles

Frequently Asked Questions

How much does Versatile Mixed-Use Development in Ridgway, CO cost?

The space currently listed for sale at Versatile Mixed-Use Development in Ridgway, CO asks for $1,025,000.

What is the total square footage of Versatile Mixed-Use Development in Ridgway, CO?

Versatile Mixed-Use Development in Ridgway, CO totals 2,315 square feet.

When was this property built?

Versatile Mixed-Use Development in Ridgway, CO was built in 1993.

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Contact Listing Broker
broker

United Country Real Estate

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