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 unmatched—there 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 dreams—explore this exceptional opportunity today.
Active
$795,000
TBD Sherman Street, Ridgway, CO 81432
--beds
--baths
5,532.12Square Feet
Unimproved Land
Built in ----
5,532.12 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Unparalleled visibilityMaximum buildable area
- 300 days |
- 27 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: August 04, 2025 at 02:33pm
Listed by:
Todd Schroedel 970-318-2160,
United Country Sneffels Realty
Source: CREN,MLS#: 821170
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Mountain(s), Valley
- Frontage type: Sherman
- Frontage length: 50'-75' Frontage
Lot
- Size: 5,532.12 Square Feet
- Dimensions: 58.5 x 95
- Features: Boundaries Surveyed, Foothills, Near Golf Course, Skier Access
- Topography: Level
Details
- Parcel number: 430516202004
- Zoning description: Business,Commercial,Live/Work,Residential Multi Family,Residential Single Family
Utilities & green energy
- Sewer: Sewer Tap Available
- Water: Public, Tap Available
- Utilities for property: Electricity Connected, Electricity Available, Internet, Natural Gas Connected, Natural Gas Available, Phone Connected, Phone - Cell Reception, Phone - Landline, Phone Available
Community & HOA
Community
- Subdivision: Town of Ridgway
HOA
- Has HOA: No
Location
- Region: Ridgway
- Elevation: 7200
Financial & listing details
- Annual tax amount: $2,214
- Date on market: 2/13/2025
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2025 | Price change | $795,000-3% |
Source: | ||
| 2/13/2025 | Listed for sale | $820,000 |
Source: | ||
| 2/6/2025 | Listing removed | $820,000 |
Source: | ||
| 9/13/2024 | Price change | $820,000-3% |
Source: | ||
| 8/9/2024 | Listed for sale | $845,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 81432
Nearby schools
GreatSchools rating
- 6/10Ridgway Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 9/10Ridgway Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Ridgway High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Ridgway K-5
- Middle: Ridgway 6-8
- High: Ridgway 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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