Commercial Sale · Active
Ridgway, CO 81432
9 Baths · 13,415 Sq Ft
$8,750,000
Mixed Use
Property Type
2024
Year Built
$652
Price per Sq Ft
836359
MLS #
About This Property
The Old Firehouse presents a rare opportunity to acquire an iconic mixed-use investment property in the heart of Ridgway. Originally built in 1907 and extensively redeveloped in 2024, this landmark property blends historic character with modern construction and infrastructure. The offering includes a diverse mix of commercial, office, residential, and hospitality components. Greenhouse Condo B provides flexible retail, studio, or office space, while Condo C offers stable income through an established office tenant.
Condo D consists of four deed-restricted residential units with strong workforce housing demand and future upside potential. Condo E, the Penthouse, is an unfinished luxury residence featuring a private rooftop balcony, indoor/outdoor fireplace, and panoramic views of the San Juan and Cimarron Mountains. Also included is a fully built-out restaurant and event venue featuring a state-of-the-art commercial kitchen, handcrafted bar, integrated AV systems, and flexible indoor/outdoor seating. The space is turnkey and ready for a new hospitality concept.
Located within walking distance of Ridgway's restaurants, shops, parks, and community amenities, the Old Firehouse benefits from strong regional demand driven by tourism, recreation, and growth throughout Ridgway, Ouray, Telluride, and the surrounding San Juan Mountain region. Combining multiple income streams, redevelopment quality, and a highly visible downtown location, the Old Firehouse is a one-of-a-kind investment and legacy asset in one of Colorado's most desirable mountain communities.
120 days on market
Listed by Colleen Aller · Keller Williams Realty Southwest Associates, LLC - Montrose · 970-596-0870
Property Details
| Property Type | Commercial Sale |
| Sub Type | Mixed Use |
| Status | Active |
| Price per Sq Ft | $652 |
| MLS # | 836359 |
| Days on Market | 120 |
| Full Baths | 6 |
| Half Baths | 3 |
| Year Built | 2024 |
| Annual Taxes | $10,857 |
| Tax Year | 2025 |
| State | CO |
| County | Ouray |
| Zoning | Mixed Use |
| Cooling | Central Air |
| Flooring | Other |
| Parking Features | On Street |
| Roof | Other |
| Sewer | Public Sewer |
| Water Source | Public |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 8/25/2026 |
Price change Source: Colorado Real Estate Network (CREN) #836359 |
$8,750,000 +386.1% $652/sqft |
| 6/22/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #836359 |
$1,800,000 +20.0% $134/sqft |
| 11/17/2025 |
Listing removed Source: Telluride Association of REALTORS® #43099 |
— |
| 8/26/2025 |
Price change Source: Telluride Association of REALTORS® #43099 |
$1,500,000 $112/sqft |
| 12/7/2024 |
Listed for sale Source: Telluride Association of REALTORS® #43099 |
$1,500,000 +76.5% $112/sqft |
| 3/8/2017 |
Sold Source: Telluride Association of REALTORS® #34318 |
$850,000 -10.5% $63/sqft |
| 12/1/2016 |
Pending Source: Telluride Association of REALTORS® #34318 |
— |
| 10/13/2016 |
Listed for sale Source: Telluride Association of REALTORS® #34318 |
$950,000 $71/sqft |
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