Listed by Coldwell Banker Distinctive Properties Telluride
$950,000
50% Ownership of the Rio Grand Bldg - Ridgway, CO
Details
Property Type Mixed Use
Sub Type Mixed Use, Other
Square Footage 9,995
Net Rentable (SqFt) 9,000
Units 26
Tenancy Multi
Year Built 2006
Buildings 1
Acreage 0.510
Zoning Multi Use
Parking Spaces 26 spaces
Parking Per SqFt 2.60
Investment Type Institutional
Ground Lease No
Ridgway, CO - 50% Ownership of Bldg w/ Great Location
Marketing description
THE ENTIRE BUILDING IS FOR SALE OR A 50% OWNERSHIPSEE MLS#: 81156. This is an investment opportunity in Southwest Colorado with possible partial owner financing. 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 positive cash flow presents an attractive option for investors anticipating future appreciation for long-term capital gains. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various uses, including office, retail, and dining. Crafted with superior construction and premium materials such as copper gutters and windows, the architecture pays homage to Ridgway's rich history of mining, ranching and railroad heritage. Ridgway, CO, is nestled amidst some of the world's most iconic 14,000 mountain peaks.
Investment highlights
Prime Commercial Building - 50% OWNERSHIP OPPORTUNITY.
Great location, junction of HWY 62 in Ridgway and HWY 550 heading to either Montrose or Ouray, and 50 minutes from Telluride, CO.
Listing Contacts
Listed by Coldwell Banker Distinctive Properties Telluride
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Zoning
GC CommercialGeneral CommercialGeneral Commercial District
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View all 75 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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