Versatile Mixed-Use Development in Ridgway, CO

For Sale

631 Sherman St., Ridgway, CO 81432

This Ridgway property for sale is located at 631 Sherman St.. The current listed sale price for Versatile Mixed-Use Development in Ridgway, CO is $1,025,000. Versatile Mixed-Use Development in Ridgway, CO is situated on a lot that is 0.1 acre in size.

Contacts

broker
United Country Real Estate

United Country Real Estate

Property Details

  • 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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Getting around

  • 59/100

    Walk Score ®

  • 66/100

    Bike Score ®

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Location

  • 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

  • Mountain Market

    0.11 miles

  • Lupitas Bizarre Bizarre

    0.13 miles

  • Family Dollar

    0.59 miles

  • KOA General Store

    5.63 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
United Country Real Estate

United Country Real Estate

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