Active
257 Sherman Street
Ridgway Colorado, 81432
$2,395,000
$239.62 per sqft
Active
5 Baths
9,995 sqft
Other
Built in 2006
Seeking an investment opportunity in Southwest Colorado? Fifty Percent ownership is also available. This splendid Rio Grande Building is strategically positioned at the convergence of CO 550 and CO 62, nestled alongside the river. Currently leased to four thriving businesses, this property's current positive cash flow presents an attractive option for investors anticipating future appreciation. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various uses, including office, retail, and dining.
42354
MLSⓇ ID
November 22, 2024
Updated
Map
257 Sherman Street
Ridgway Colorado, 81432
Interior Features
Total Bathrooms
5
Half Bathrooms
5
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.51 Acres
Exterior Features
Log, Stone, Wood (Natural)
Roof
Asphalt Shingles
Other Property Details
Taxes
$44,982
Tax Frequency
Annually
Garage
No
Parking
Design Open
View
No
County
Ouray County
Water Source
City
Pool
No
Zoning
Commercial
Listing History
Date | Event | Price |
|---|---|---|
11/17/2024 | Price change | $2,395,000 -5% |
Courtesy of Coldwell Banker Distinctive Properties-Telluride, Karen McCarthy,
Listing Contact:
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Eric Saunders shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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The data was last updated on 11/22/2024 3:27 PM UTC
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