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    1. Home
    2. Property for sale
    3. Colorado
    4. Ridgway, CO
    5. Tbd Sherman St
    Tbd Sherman St Ridgway, CO 81432  | Land/Lot
    1 / 21

    $845,000

    Tbd Sherman St Ridgway, CO 81432
    5,532
    sqft
    Land/Lot
    Property Type
    offer icon

    Special Offer:

    (If you do not have an agent and work directly with the listing agent)

    No

    About This Home

    Discover the pinnacle of investment opportunities with this exceptionally located parcel in the core of Ridgway. Spanning 5,557 square feet, this property offers unparalleled visibility, access, and development potential, making it a standout choice for discerning investors. Situated within the Historic Business Zone, this parcel is a prime candidate for mixed-use development, with zoning that allows for a substantial structure across up to three floors, including the potential for an additional rooftop patio. The flexibility is unmatched'there are virtually no setbacks, providing you with maximum buildable area. Access to the property is not only from Sherman Street, the main thoroughfare connecting Montrose and Telluride, but also from the alley and an adjacent commercial building parcel owned by the same seller. This dual access offers exceptional convenience and strategic value. Whether you envision a retail space, a professional office building, a boutique hotel, or a residential complex, this parcel offers the versatility to bring your vision to life. The zoning supports a variety of uses, including restaurants, breweries, distilleries, condominiums, townhomes, and even multi-unit residential developments such as duplexes or four-plexes. Additionally, nearby properties have successfully incorporated basement levels, adding even more potential for maximizing the space. This is more than just a parcel; it's an opportunity to invest in one of the most desirable locations in Downtown Ridgway. It's a rare find that aligns with your high standards and investment goals, offering a unique blend of location, flexibility, and potential returns. Take the next step towards realizing your Southwest Colorado dreams'explore this exceptional opportunity today.

    Location

    Tbd Sherman St Ridgway, CO 81432

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    Listing Agent

    Todd Schroedel

    Todd Schroedel

    United country Sneffels realty

    (94 reviews)
    Avg Price Sold$1.1M
    Years Experience24
    Total Transactions652