$795,000

TBD Sherman St Ridgway, CO 81432

0.1 acres
Land

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

Home typeResidential Land
StatusActive
Lot size0.127 Acres
MLS #821170
ViewMountain(s), Valley

Summary

  • MLS Number: 821170
  • Office Name: United Country Sneffels Realty
  • Listing Agent: Todd Schroedel

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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
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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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Tax history

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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.

How much money do the neighbors make?

27%
<35k
57%
35k-100k
9%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
8%
Single, with Kids
35%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
49%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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