#820233, Charles Mueller, Listing Office: Ridgway Real Estate
TBD Sherman St Ridgway, CO 81432
Property details
About TBD Sherman St
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.
Highlights
Summary
- MLS Number: 821170
- Office Name: United Country Sneffels Realty
- Listing Agent: Todd Schroedel
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Last updated on: 3/13/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$795,000
TBD Sherman St
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Price information
Property sales
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Nearby schools
6
Ridgway Elementary School
Public District PK-5
0.7 mi
•1115 Clinton St
8
Telluride Intermediate School
Public District 3-6
14.9 mi
•447 W Columbia Ave
7
Cottonwood Elementary School
Public District KG-5
21.2 mi
•3500 Woodgate Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $56,078. The most common annual income of people living in Ridgway, CO is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About TBD Sherman St
This home is located at TBD Sherman St in Ridgway, CO and zip code 81432. Features: 0 bathroom. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $795,000.
The number of homes for sale in Ridgway, CO increased by 17.2% between January and February 2025. The median list price of listings available in February 2025 was $967,000, while the average time on the real estate market was 153 days.