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About This Property

Premier Ridgway development opportunity located on Sherman Street / Highway 62 in the heart of town. This rare, cleared parcel is approximately 10,375 sq. ft. (73 X 142 frontage) and offers a range of potential residential development concepts, including single-family with ADU potential, townhome-style residences, condominium-style residences, or a multi-unit residential structure.

The property's location also provides added flexibility under Ridgway's Downtown Service District framework, which is intended to allow residential use with compatible limited commercial or live/work possibilities while maintaining a residential character. The parcel size may also allow for subdivision into two qualifying residential lots, potentially creating the opportunity for two principal dwelling units with ADU potential.

With its manageable size, attractive price point, central Ridgway location, strong street visibility, and flexible development potential, this property offers an appealing opportunity for a builder, developer, investor, or owner-user seeking to create value in the Ridgway market.

Property Details

Location