Commercial Sale · Active

185 N Lena

Ridgway, CO 81432

2 Baths · 5,293 Sq Ft

$6,350,000

Business

Property Type

1907

Year Built

$1,200

Price per Sq Ft

830773

MLS #

About This Property

The Old Firehouse stands as one of Ridgway’s most remarkable commercial properties—an iconic 1907 structure elevated in 2024 with a stunning new addition and high-end commercial construction. The result is a 5,293 SF, turnkey restaurant and event venue that blends historic character with modern performance-level infrastructure. Designed for serious culinary and hospitality operations, the property features a state-of-the-art commercial kitchen, exceptionally planned for efficiency, capacity, and workflow. A handcrafted bar anchors the interior with warmth and craftsmanship, while integrated AV systems support private dining, live music, corporate events, and celebrations.

Indoor and outdoor seating areas offer flexibility for everything from intimate service to large groups, making this a versatile space for a variety of concepts. The property is not currently operating, providing a rare blank slate for a visionary owner. Every major component—from mechanicals to finishes—has been thoughtfully executed, eliminating the construction risk, time, and cost typically associated with launching a high-caliber restaurant or event venue. This Grade-A commercial buildout is truly turnkey.

Ridgway’s year-round recreation, strong local community, proximity to Telluride and Ouray, and steady tourism activity create an exceptional environment for a destination restaurant, event center, brewery, distillery, or hybrid hospitality idea. Few properties in Western Colorado offer this level of history, infrastructure, and design quality. Located in the heart of Ridgway’s vibrant town core, 185 N. Lena benefits from high visibility, pedestrian access, and a setting that captures the charm and energy of this mountain community.

The combination of historic brickwork, contemporary construction, and standout craftsmanship makes the Old Firehouse a signature asset that cannot be replicated.

287 days on market

Listed by Keller Williams Realty Southwest Associates, LLC - Montrose · 970-596-0870

Last updated: 1/9/2026 12:38 AM · Source: Colorado Real Estate Network (CREN), MLS#: 830773

Property Details

Key Details

Property Type Commercial Sale
Sub Type Business
Status Active
Price per Sq Ft $1,200
MLS # 830773
Days on Market 287
Half Baths 2

More Details

Year Built 1907
Annual Taxes $52
Tax Year 2025
State CO
County Ouray
Zoning Business

Interior

Heating Fireplace(s), Forced Air
Cooling Central Air

Exterior & Parking

Parking Features On Street
Roof Metal

Building & Lot

Sewer Public Sewer
Water Source Public
New Construction Yes

Location

Price History

DateEventPrice
1/6/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #830773
$6,350,000 $1,200/sqft

SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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Listing information last updated January 9, 2026 at 12:38 AM.

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