Tbd Sherman Street

Ridgway, CO 81432

$820,000
Price
5,532 / 0.13
Lot Size / Acres

Description

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...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.
  1. Listed by Todd Schroedel • United Country Sneffels Realty

Property Details for Tbd Sherman Street

Water Front
No
Zoning
Business, Commercial, Live/Work, Residential Multi Family, Residential Single Family
Views
Mountains, Valley
Subdv Name
Town of Ridgway
LISTING UPDATED: 09/13/2024 10:53 AM

Property Details for Tbd Sherman Street

StatusActive
MLS #816883
Days on Market136
Taxes$2,214 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLAND / Residential
Year Built-
Lot Size0.13 AC
CountyOuray County

Building Information for Tbd Sherman Street

Building Size-Lot Size0.13 AC

Property Information for Tbd Sherman Street

Summary
Location and General Information
  • Directions: Right in the middle of Downtown Ridgway--On Sherman Street-Next to Dragonfly, the Business Store and across from Taco Del Gnar.
  • Fronts: Sherman
Owner
  • Owner Name: Coman
School Information
  • Elementary School: Ridgway K-5
  • Middle School: Ridgway 6-8
  • High School: Ridgway 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2023
  • Total Taxes $: 2214.40
Property
Property and Assessments
  • FIPS Code: 08091
  • Legal/Lot Block: Subd: TOWN OF RIDGWAY Lot: 4 Block: 27 Subd: TOWN OF RIDGWAY Lot: 5 Block: 27 S: 16 T: 45 R: 8 SOUTH 95 FEET
  • Photo Count: 20
  • Disclosures: Pets Allowed
  • Covenants Y/N: NO
  • Board Name: MONTROSE ASSOCIATION OF REALTORS
  • Acres Source: Assessor
  • Income Producing: No
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 0-.25 Acres
  • Current Property Use: Other-see remarks, Residential Single family, Commercial
  • Possible Property Use: Commercial, Residential Single Family, Mountain Recreation, Other-see remarks, Recreation, Skier Access
  • Lot Dimension: 58.5x95
  • Parcel ID #: 4.30516202004E11
  • Elevation: 7200
  • Property Description: Golf Course Near, Foothills, Boundaries Surveyed, Skier Access
Utilities
  • Utilities: Electricity, Electricity Near, Phone, Phone Near, Natural Gas, Natural Gas Near, Internet, Phone - Landline, Phone - Cell Reception
  • Sewer Tap Avail: Yes
  • Sewer/Septic In: No
  • Sewer Paid: No
  • Water Tap Avail: Yes
  • Water Tap Installed: No
  • Water Tap Paid: No
  • Mineral Rights: Unknown
  • Modular/Mobile Allow: No
  • DOMESTIC WATER: Public, Tap Available
  • DOMESTIC SEWER: Sewer Tap Available
  • Water Well: No
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
Exterior Features
  • Horse Setup: No
  • Fence: Split Rail
  • Topography: Level

Property History for Tbd Sherman Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Tbd Sherman Street

This home is within Ridgway R-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ridgway Elementary School
PublicPK to 5

Ridgway Middle School
Public6 to 8

Ridgway High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Tbd Sherman Street is a 0.13 ac of land for sale in Ridgway, CO 81432. This property was listed for sale on August 8, 2024 by United Country Sneffels Realty, it's currently listed at $820,000. It has been on the market for a total of 136 days and was last sold on December 29, 2014. This listing's school district is Ridgway R-2 School District. Nearby schools include Ridgway Elementary School, Ridgway Middle School and Ridgway High School. Tbd Sherman Street is a 0-bed, 0-bath, 0.13 ac of land on a 5,532 sq. ft. / 0.13 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Country Sneffels Realty, Todd Schroedel

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.