Commercial Sale · Active
Ridgway, CO 81432
5 Baths
$950,000
Business
Property Type
0.51 acres
Lot Size
2006
Year Built
44365
MLS #
About This Property
Prime Commercial Building - 50% OWNERSHIP OPPORTUNITY. Seize this exceptional investment opportunity. Currently leased to four thriving businesses, this investment opportunity presents an attractive option for investors seeking the potential for significant long-term capital gains while benefiting from a small positive cash flow. Surrounded by breathtaking 14,000-foot peaks, the distinguished Rio Grande Building is strategically located in Ridgway's thriving commercial heart at the intersection of CO 550 and CO 62, midway between Montrose and Telluride, CO.
On the river, the property has superior construction, features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial uses—including office, retail, and dining.
203 days on market
Listed by Karen McCarthy · CB Distinctive Properties Tell · 970-728-4454
Property Details
| Property Type | Commercial Sale |
| Sub Type | Business |
| Status | Active |
| Subdivision | None |
| MLS # | 44365 |
| Days on Market | 203 |
| Half Baths | 5 |
| Year Built | 2006 |
| Lot Size (Sq Ft) | 22,216 |
| Acres | 0.51 |
| Annual Taxes | $41,279 |
| State | CO |
| County | Ouray County |
| Heating | Natural Gas, Forced Air |
| Basement | Unfinished |
| Construction | Wood (Natural) |
| Sewer | Septic Tank |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 3/31/2026 |
Listed for sale Source: Telluride Association of REALTORS® #44365 |
$950,000 -60.4% |
| 4/24/2025 |
Listing removed Source: Colorado Real Estate Network (CREN) #823175 |
— |
| 4/21/2025 |
Listing removed Source: Telluride Association of REALTORS® #42354 |
— |
| 4/20/2025 |
Listed for sale Source: Colorado Real Estate Network (CREN) #823175 |
$2,400,000 +118.2% |
| 3/24/2025 |
Listing removed Source: Colorado Real Estate Network (CREN) #822177 |
— |
| 3/19/2025 |
Listing removed Source: Telluride Association of REALTORS® #43076 |
— |
| 3/18/2025 |
Listed for sale Source: Colorado Real Estate Network (CREN) #822177 |
$1,100,000 |
| 11/21/2024 |
Listed for sale Source: Telluride Association of REALTORS® #43076 |
$1,100,000 -54.2% |
| 3/13/2024 |
Listed for sale Source: Telluride Association of REALTORS® #42354 |
$2,400,000 |
© Copyright 2026 by Telluride Association of REALTORS, Inc.
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