Exceptional Commercial Investment & Development Opportunity in Downtown Ridgway, Colorado! Discover the remarkable flexibility of Ridgway's Historic Business Zone, offering some of the most desirable mixed-use development opportunities in Southwest Colorado. Located in the heart of Ridgway's thriving Town Core, this 2,315-square-foot, single-level commercial building offers outstanding visibility, pedestrian traffic, convenient parking, and exceptional potential for retail, restaurants, professional offices, galleries, residential conversion, or mixed-use redevelopment. Constructed in 1993, the building has a successful history of retail use, including an antique store, upscale furniture showroom, specialty shops, and offices. Currently configured into three distinct commercial spaces, it accommodates a popular T-shirt and souvenir shop, a fine fabric arts gallery and workshop, and an office supply business. Continue its established commercial uses or reimagine the property to suit your investment or business vision. Ridgway's flexible Historic Business zoning offers exciting possibilities for commercial, residential, and multifamily uses, with a maximum building height of 35 feet and minimal side setbacks. Consider expanding the existing structure, adding upper-level residential or commercial space, or pursuing an entirely new development concept, subject to Town approval. Covered porches provide beautiful mountain scenery, while potential upper levels could capture spectacular San Juan Mountain views. An additional separate building lot to the west is included, creating opportunities for further development, expanded parking, or potential resale. With its strategic downtown location, versatile zoning, and proximity to Ouray, Telluride, and Montrose, this property presents an exceptional opportunity for entrepreneurs, investors, developers, and businesses serving Southwest Colorado. Own a prime piece of downtown Ridgway commercial real estate and bring your vision to life!
| MLS # | 839807 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Building Name | Southwest Spirit Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1993 |
| Days On Site | 8 |
| Listing Provided By | United Country Sneffels Realty | Todd Schroedel |
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 2,315 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | Mixed Use |
| Acreage | 0.31 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Natural Gas |
| Furnished | Unfurnished |
| Roof | Metal |
|---|---|
| Lot Features | Corner Lot, Corners Marked |
| Parking Features | Common, Gravel, Off Street, Parking Spaces, Rear Side Off Street |
|---|
| Utilities | Electricity Connected, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Water Connected |
|---|
| List Aor | Montrose Association Of Realtors |
|---|
| State | CO |
|---|---|
| County | Ouray |
| City | Ridgway |
| Zip Code | 81432 |
| Area | Ridgway |
| Listing VS Median (in 81432) | |
Price: $1,425,000 low | high Med: $957,500 sqft: 2,315 low | high Med: 5,575 $ / sqft: $616 low | high Med: $466 On site: 8 low | high Med: 98 | |
| State | CO |
|---|---|
| County | Ouray |
| City | Ridgway |
| Zip Code | 81432 |
| Area | Ridgway |
| Listing VS Median (in 81432) | |
Price: $1,425,000 low | high Med: $957,500 sqft: 2,315 low | high Med: 5,575 $ / sqft: $616 low | high Med: $466 On site: 8 low | high Med: 98 | |
![]() | $1,599,000185 N Lena StreetRidgway, CO 81432 |