2 Prime Ridgway, Colorado Development Lots for Sale at Hwy 62

Prime Development Opportunity: Two In-Town Lots in Ridgway, CO (Sherman St / Hwy 62)

Positioned directly along Sherman Street (Highway 62) in the heart of downtown Ridgway, Colorado, this rare, cleared double-lot property represents an exceptional opportunity for builders, developers, investors, or owner-users. Featuring approximately 100 feet of prime street frontage by 142 feet of depth, this parcel combines high visibility, easy accessibility, and a leveled footprint—giving you a streamlined path to planning and construction in a high-demand, low-inventory mountain town market.

Flexible Downtown Service District Zoning

The property’s Downtown Service District zoning unlock versatile residential, light-commercial, and live/work development strategies. Whether you are looking to build high-density housing, a custom personal mountain residence, or a revenue-generating commercial footprint, the site’s flexible zoning adapts to a wide array of vision plans:

• Multi-Family Residential: Designed perfectly to accommodate two townhomes or two condominium-style residences.

• Custom Single-Family Residence: Build a spacious, modern, single-family home steps away from Ridgway’s vibrant shops, dining, and parks.

• Live/Work Concept: Combine ground-floor commercial or office workspace with premium residential living above.

• Light-Commercial Uses: Establish a boutique retail, professional office, or service-oriented space in a high-traffic corridor.

Key Investment Highlights

• Rare In-Town Land Availability: In-town parcels in Ridgway are exceptionally scarce; this lot provides an immediate entry point into San Juan Mountains real estate.

• Cleared & Site-Ready: Save time and site-prep overhead with two contiguous, cleared lots ready for utility hookups and design development.

• Accessible Price Point: A compact footprint and dynamic potential deliver high return-on-investment potential for spec builders or long-term investors.

• Unbeatable Access: Situated on Hwy 62/Sherman St, providing effortless routes to Ouray, Telluride, and Montrose.

Build Your Vision in Ridgway, Colorado

Known as the “Gateway to the San Juans,” Ridgway continues to see strong demand across residential housing and local commercial services. Whether your goal is to address local housing needs, build an artisanal live/work setup, or construct a valuable buy-and-hold commercial asset, this Sherman Street double lot provides the canvas to bring your vision to life.

Contact me today to review zoning guidelines, property surveys, or to schedule an on-site walkthrough.