$375,000
 $2,013 est/mo Sourced by Back At You

Tbd Sherman Street,Ridgway, CO 81432

Ridgway, CO 81432

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Description

Premier Ridgway development opportunity located on Sherman Street / Highway 62 in the heart of town. This rare, cleared parcel is approximately 10,375 sq. ft. (73 X 142 frontage) and offers a range of potential residential development concepts, including single-family with ADU potential, townhome-style residences, condominium-style residences, or a multi-unit residential structure. The property's location also provides added flexibility under Ridgway's Downtown Service District framework, which is intended to allow residential use with compatible limited commercial or live/work possibilities while maintaining a residential character. The parcel size may also allow for subdivision into two qualifying residential lots, potentially creating the opportunity for two principal dwelling units with ADU potential. With its manageable size, attractive price point, central Ridgway location, strong street visibility, and flexible development potential, this property offers an appealing opportunity for a builder, developer, investor, or owner-user seeking to create value in the Ridgway market.

Details

MLS #837467
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site91
Listing Provided ByUnited Country Sneffels Realty | Judi Snelling

Features

ZoningBusiness,Residential Multi Famil
Acreage0.25
Property ViewYes

Exterior

Lot FeaturesCleared, Corner Lot, Level

Utilities

UtilitiesElectricity Available, Fiber Optic Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Other

List AorMontrose Association Of Realtors

Taxes

Property5487

Area Information

StateCO
CountyOuray
CityRidgway
Zip Code81432
AreaRidgway
Community NameOther
School DistrictRidgway 9-12
Elementary SchoolRidgway K-5
High SchoolRidgway 9-12
Listing VS Median (in Other)
Price:
$375,000
low | high
Med:
$555,000
2% of Average
On site:
91
low | high
Med:
8
100% of Average
Sourced by Back At You

Market Activity 81432

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Learn More About This Property

StateCO
CountyOuray
CityRidgway
Zip Code81432
AreaRidgway
Community NameOther
School DistrictRidgway 9-12
Elementary SchoolRidgway K-5
High SchoolRidgway 9-12
Listing VS Median (in Other)
Price:
$375,000
low | high
Med:
$555,000
2% of Average
On site:
91
low | high
Med:
8
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $281K - $468K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
TBD Sherman Street Property Photo 1
$375,000
Tbd Sherman Street
Ridgway, CO 81432
TBD W Sherman N Laura Street Property Photo 1
$399,000
Tbd W Sherman N Laura Street
Ridgway, CO 81432
Listing Updated: September 28, 2026 at 8:34:20 PM PDT
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