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  • $695,000

    TBD 0.127 AC Sherman Street, Ridgway, CO 81432

    --beds
    --baths
    5,532.12Square Feet
    Unimproved Land
    Built in ----
    5,532.12 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Discover the pinnacle of investment opportunities with this exceptionally located parcel in the core of Ridgway. Spanning 5,557 square feet, this property offers unparalleled visibility, access, and development potential, making it a standout choice for discerning investors. Situated within the Historic Business Zone, this parcel is a prime candidate for mixed-use development, with zoning that allows for a substantial structure across up to three floors, including the potential for an additional rooftop patio. The flexibility is unmatched—there are virtually no setbacks, providing you with maximum buildable area. Access to the property is not only from Sherman Street, the main thoroughfare connecting Montrose and Telluride, but also from the alley and an adjacent commercial building parcel owned by the same seller. This dual access offers exceptional convenience and strategic value. Whether you envision a retail space, a professional office building, a boutique hotel, or a residential complex, this parcel offers the versatility to bring your vision to life. The zoning supports a variety of uses, including restaurants, breweries, distilleries, condominiums, townhomes, and even multi-unit residential developments such as duplexes or four-plexes. Additionally, nearby properties have successfully incorporated basement levels, adding even more potential for maximizing the space. This is more than just a parcel; it’s an opportunity to invest in one of the most desirable locations in Downtown Ridgway. It’s a rare find that aligns with your high standards and investment goals, offering a unique blend of location, flexibility, and potential returns. Take the next step towards realizing your Southwest Colorado dreams—explore this exceptional opportunity today. The commercial building and land on the corner is also for sale, giving you a total of 1/3 ac of Ouray County's most valuable property!
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    Zillow last checked: 7 hours ago

    Listing updated: February 23, 2026 at 11:38pm

    Listed by:

    Todd Schroedel 970-318-2160,

    United Country Sneffels Realty

    Source: CREN,MLS#: 831830MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s), Valley
      • Frontage type: Sherman
      • Frontage length: 50'-75' Frontage
      Lot
      • Size: 5,532.12 Square Feet
      • Dimensions: 58.5 x 95
      • Features: Near Golf Course, Foothills, Boundaries Surveyed, Skier Access
      • Topography: Level
      Details
      • Parcel number: 430516202004
      • Zoning description: Business,Commercial,Live/Work,Residential Multi Family,Residential Single Family

      Utilities & green energy

      • Sewer: Sewer Tap Available
      • Water: Public, Tap Available
      • Utilities for property: Electricity Connected, Electricity Available, Internet, Natural Gas Connected, Natural Gas Available, Phone Connected, Phone - Cell Reception, Phone - Landline, Phone Available

      Community & HOA

      Community
      • Subdivision: Town of Ridgway
      HOA
      • Has HOA: No
      Location
      • Region: Ridgway
      • Elevation: 7200

      Financial & listing details

      • Annual tax amount: $2,771
      • Date on market: 2/21/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/21/2026Listed for sale$695,000
        Source: CREN #831830 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

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        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 81432

        Getting around

        61 / 100
        Somewhat Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ridgway K-5
        • Middle: Ridgway 6-8
        • High: Ridgway 9-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Local experts in 81432

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