Tbd Sherman Street , Ridgway, CO 81432
Ridgway, CO 81432
Description
Discover the pinnacle of investment opportunities with this exceptionally located parcel in the core of Ridgway. Spanning 5,557 square feet, this property offers unparalleled visibility, access, and development potential, making it a standout choice for discerning investors. Situated within the Historic Business Zone, this parcel is a prime candidate for mixed-use development, with zoning that allows for a substantial structure across up to three floors, including the potential for an additional rooftop patio. The flexibility is unmatchedthere are virtually no setbacks, providing you with maximum buildable area. Access to the property is not only from Sherman Street, the main thoroughfare connecting Montrose and Telluride, but also from the alley and an adjacent commercial building parcel owned by the same seller. This dual access offers exceptional convenience and strategic value. Whether you envision a retail space, a professional office building, a boutique hotel, or a residential complex, this parcel offers the versatility to bring your vision to life. The zoning supports a variety of uses, including restaurants, breweries, distilleries, condominiums, townhomes, and even multi-unit residential developments such as duplexes or four-plexes. Additionally, nearby properties have successfully incorporated basement levels, adding even more potential for maximizing the space. This is more than just a parcel; it’s an opportunity to invest in one of the most desirable locations in Downtown Ridgway. It’s a rare find that aligns with your high standards and investment goals, offering a unique blend of location, flexibility, and potential returns. Take the next step towards realizing your Southwest Colorado dreamsexplore this exceptional opportunity today.
Details
| Mls | 816883 |
|---|---|
| Listing Type | For Sale |
| Style | Detachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 116 |
| Listing Provided By | United Country Sneffels Realty | Todd Schroedel |
Features
| Zoning | Business,Commercial,Residential |
|---|---|
| Acreage | 0.13 |
| Golf Course | Yes |
| Property View | Yes |
Market Activity 81432
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Learn More About This Property
| State | CO |
|---|---|
| County | Ouray |
| City | Ridgway |
| Zip Code | 81432 |
| Area | Ridgway |
| Community Name | Town of Ridgway |
| School District | Ridgway 9-12 |
| Elementary School | Ridgway K-5 |
| Middle School | Ridgway 6-8 |
| High School | Ridgway 9-12 |
| Listing VS Median (in Town of Ridgway) | |
Price: $820,000 low | high Med: $525,000 On Site: 116 low | high Med: 97.000000 | |