$950,000

257 Sherman Street, Rio Grande Building, Ridgway CO, 81432

Price per sqft$95.05

Built in2006

Property size9,995 sqft

Property typeCommercial

Overview

Active

Listed Mar 31, 2026

Updated 7 days ago

Prime Commercial Building - 50% OWNERSHIP OPPORTUNITY. Seize this exceptional investment opportunity. Currently leased to four thriving businesses, this investment opportunity presents an attractive option for investors seeking the potential for significant long-term capital gains while benefiting from a small positive cash flow. Surrounded by breathtaking 14,000-foot peaks, the distinguished Rio Grande Building is strategically located in Ridgway's thriving commercial heart at the intersection of CO 550 and CO 62, midway between Montrose and Telluride, CO. On the river, the property has superior construction, features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial uses—including office, retail, and dining.

Additional information

MLS^® ID: 44365

Interior Features

Bathrooms: 5
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.51 Acres

Other Property Details

Taxes: $41,279
Tax Frequency: Annually
Waterfront: Yes

Courtesy of CB Distinctive Properties Tell, Karen McCarthy,
Listing Contact:

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The data was last updated on 9/10/2026 1:25 PM UTC