Commercial Sale · Active

400 Palomino

Ridgway, CO 81432

2 Baths · 1,952 Sq Ft

$965,000

Mixed Use

Property Type

0.23 acres

Lot Size

2006

Year Built

$494

Price per Sq Ft

$269

HOA Fee

839465

MLS #

About This Property

RARE RIDGWAY COMMERCIAL REAL ESTATE — TELLURIDE MARKET ACCESS WITH EXCEPTIONAL FLEXIBILITY Commercial real estate in the Telluride region is increasingly difficult to find, making 400 Palomino Trail a compelling opportunity for an owner-user, investor, or business serving Telluride and Mountain Village. Located in Ridgway’s General Commercial district, this approximately 1,952-square-foot property offers something increasingly valuable in the region: commercial zoning, exceptional parking, a strategic location, and the ability to combine business and residential use—all without paying Telluride commercial real estate prices. For a Telluride-area business, 400 Palomino can provide an affordable ownership alternative to locating directly in Telluride while remaining strategically positioned to serve customers, projects, employees and clients throughout the Telluride–Ouray–Ridgway corridor. The property is particularly well suited to businesses that need more than an office: contractors, property-service companies, designers, architects, staging and furnishing companies, professional services, specialty retail, creative businesses, outdoor-oriented companies and other Telluride-serving enterprises may find the combination of space and accessibility especially attractive.

Buyers should independently verify permitted uses with the Town of Ridgway. One of the property’s greatest commercial advantages is its parking. With 10+ covered parking spaces, RV parking and additional off-street parking, there is room for vehicles, employees, customers, equipment and business operations—an increasingly valuable feature for a mountain-region business. The existing building is configured with a commercial lower level and a beautifully finished residential upper level, creating exceptional owner-user flexibility.

Operate your business downstairs and live upstairs, lease one or both spaces, or adapt the configuration to your particular needs. The residential component can provide additional income potential or an on-site residence for an owner or employee. Thoughtfully designed and constructed, the property combines quality materials and craftsmanship with distinctive Western Victorian character. Separate entrances, expansive porches and decks, landscaped grounds, mature trees, covered parking and an efficient heat-pump system contribute to both functionality and long-term appeal.

The location at the eastern edge of Ridgway provides convenient access to the Town Core while placing you within the broader Telluride, Ouray and Montrose regional market. For a business connected to Telluride, this is an opportunity to own the place where your business operates rather than simply rent space—and do so in a community where commercial property can offer substantially greater flexibility. Commercial ownership. Telluride-market access.

Exceptional parking. Live/work flexibility. Ridgway value. Opportunities combining these characteristics are uncommon. If you have been searching for a commercial property to establish or expand a Telluride-serving business, 400 Palomino Trail deserves a close look.

20 days on market

Listed by Todd Schroedel · United Country Sneffels Realty · 970-626-3555

Last updated: 10/3/2026 1:38 AM · Source: Colorado Real Estate Network (CREN), MLS#: 839465

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
Price per Sq Ft $494
MLS # 839465
Days on Market 20
Full Baths 1
Three-Quarter Baths 1

More Details

Year Built 2006
Lot Size (Sq Ft) 10,019
Acres 0.23
HOA Fee $269
Annual Taxes $2,613
Tax Year 2025
State CO
County Ouray
Zoning Commercial,Mixed Use

Interior

Heating Heat Pump
Flooring Carpet, Tile, Wood

Exterior & Parking

Parking Features On Street, Off Street, 20 + Total Spaces
Roof Metal

Building & Lot

Sewer Public Sewer
Water Source Tap Installed Paid
New Construction No

Location

Price History

DateEventPrice
9/30/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #839465
$1,025,000 +6.2% $525/sqft
9/12/2026 Price change
Source: Colorado Real Estate Network (CREN) #832733
$965,000 -1.0% $494/sqft
7/19/2026 Price change
Source: Colorado Real Estate Network (CREN) #832733
$975,000 +1.0% $499/sqft
3/20/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #832733
$965,000 $494/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 October 3, 2026 at 1:38 AM.

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