Skip main navigation
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
    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.
    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#: 821170MLS Logo

    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
    DateEventPrice
    2/17/2025Price change$795,000-3%
    Source: CREN #821170 Report a problem
    2/13/2025Listed for sale$820,000
    Source: CREN #821170 Report a problem
    2/6/2025Listing removed$820,000
    Source: CREN #816883 Report a problem
    9/13/2024Price change$820,000-3%
    Source: CREN #816883 Report a problem
    8/9/2024Listed for sale$845,000
    Source: CREN #816883 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 81432

    Nearby schools

    GreatSchools rating
    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.

    Similar homes

    Skip to the end of the carouselSkip to the beginning of the carousel
    • Loading