Prime Investment Opportunity: Ridgway Historic Business District

Prime
Investment Opportunity in Ridgway’s Historic Business District – Ideal for
Multi-Family, Commercial, or Creative Ventures

Investors, multi-family developers, and artists—this is your chance to
own a versatile property in the heart of Ridgway, Colorado! Located in the Historic
Business Zone, this property offers some of the most flexible zoning
regulations in Western Colorado. Don’t be misled by the term
“Historic”—there are no architectural restrictions or requirements
to preserve old structures. Instead, this zone provides expansive
opportunities for mixed-use development, including commercial,
residential, multi-family housing, retail, restaurants, and more.

Key Features:

• Mixed-use
  zoning: Build residential units, art studios, galleries, restaurants,
  retail spaces, or professional offices all under one roof.
• 2315 sq. ft.
  single-level building: Currently divided into two
  separate spaces—a fabric arts gallery and workshop on the west end
  and an office supply store on the east end.
• 35-foot maximum
  building height: Ideal for expanding upward—imagine adding additional floors
  for stunning mountain views and increased revenue potential.
• Minimal
  setbacks: Take full advantage of the lot’s footprint to maximize building
  space.
• Ample parking: Located on
  the north side of the lot, providing convenience for tenants, customers,
  or gallery visitors.

This property, built in 1993, offers the chance to completely reimagine
the space. Whether you’re looking to create multi-family units, a
thriving art gallery, or a combination of residential and commercial
spaces, this property is ready for your vision. With high visibility and
foot traffic in Ridgway’s core, it’s perfect for retail or dining
establishments that cater to locals and tourists alike.

For investors, the opportunity to expand is significant—an additional building
lot on the west side (available separately) provides the possibility for
more structures and parking, allowing you to scale your investment. The creative
potential for this property is limitless, from artisan studios to boutique
hotels, or a mix of residential lofts and commercial spaces.

Unlock the potential of Ridgway’s most desirable location. This Ouray
County gem is a blank canvas for your next profitable venture. Don’t
miss out on this unique opportunity in this fast-growing Colorado mountain
town.