{"id":541963,"date":"2026-04-10T04:18:05","date_gmt":"2026-04-10T09:18:05","guid":{"rendered":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/631-sherman-st\/"},"modified":"2026-04-10T04:18:06","modified_gmt":"2026-04-10T09:18:06","slug":"631-sherman-st","status":"publish","type":"estate_property","link":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/631-sherman-st\/","title":{"rendered":"Prime Investment Opportunity: Ridgway Historic Business District"},"content":{"rendered":"<h2>\n<p><!--StartFragment--><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 24pt; line-height: 107%;\">Prime<br \/>\nInvestment Opportunity in Ridgway\u2019s Historic Business District \u2013 Ideal for<br \/>\nMulti-Family, Commercial, or Creative Ventures<\/span><b><span style=\"font-size: 14pt; line-height: 107%; font-family: \"Open Sans\", sans-serif; color: rgb(51, 51, 51); background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><br \/><\/span><\/b><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\nline-height:normal\"><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\nmso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\nnone\">Investors, multi-family developers, and artists\u2014this is your chance to<br \/>\nown a versatile property in the heart of Ridgway, Colorado! Located in the <b>Historic<br \/>\nBusiness Zone<\/b>, this property offers some of the most flexible zoning<br \/>\nregulations in Western Colorado. Don&#8217;t be misled by the term<br \/>\n&#8220;Historic&#8221;\u2014there are <b>no architectural restrictions or requirements<br \/>\nto preserve old structures<\/b>. Instead, this zone provides expansive<br \/>\nopportunities for <b>mixed-use development<\/b>, including <b>commercial,<br \/>\nresidential, multi-family housing, retail, restaurants<\/b>, and more.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\nline-height:normal\"><b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\nmso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\nnone\">Key Features:<\/span><\/b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\nmso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\nnone\"><\/span><\/p>\n<ul type=\"disc\">\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\n     line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in\"><b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;mso-fareast-font-family:\n     \"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:none\">Mixed-use<br \/>\n     zoning<\/span><\/b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\n     mso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\n     none\">: Build residential units, art studios, galleries, restaurants,<br \/>\n     retail spaces, or professional offices all under one roof.<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\n     line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in\"><b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;mso-fareast-font-family:\n     \"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:none\">2315 sq. ft.<br \/>\n     single-level building<\/span><\/b><span style=\"font-size:12.0pt;font-family:\n     \"Times New Roman\",serif;mso-fareast-font-family:\"Times New Roman\";\n     mso-font-kerning:0pt;mso-ligatures:none\">: Currently divided into two<br \/>\n     separate spaces\u2014a <b>fabric arts gallery and workshop<\/b> on the west end<br \/>\n     and an office supply store on the east end.<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\n     line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in\"><b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;mso-fareast-font-family:\n     \"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:none\">35-foot maximum<br \/>\n     building height<\/span><\/b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\n     mso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\n     none\">: Ideal for <b>expanding upward<\/b>\u2014imagine adding additional floors<br \/>\n     for stunning <b>mountain views<\/b> and increased revenue potential.<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\n     line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in\"><b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;mso-fareast-font-family:\n     \"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:none\">Minimal<br \/>\n     setbacks<\/span><\/b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\n     mso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\n     none\">: Take full advantage of the lot\u2019s footprint to maximize building<br \/>\n     space.<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\n     line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in\"><b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;mso-fareast-font-family:\n     \"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:none\">Ample parking<\/span><\/b><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;mso-fareast-font-family:\n     \"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:none\">: Located on<br \/>\n     the north side of the lot, providing convenience for tenants, customers,<br \/>\n     or gallery visitors.<\/span><\/li>\n<\/ul>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\nline-height:normal\"><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\nmso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\nnone\">This property, built in 1993, offers the chance to completely reimagine<br \/>\nthe space. Whether you\u2019re looking to create <b>multi-family units<\/b>, a<br \/>\nthriving <b>art gallery<\/b>, or a combination of residential and commercial<br \/>\nspaces, this property is ready for your vision. With <b>high visibility<\/b> and<br \/>\n<b>foot traffic<\/b> in Ridgway&#8217;s core, it&#8217;s perfect for retail or dining<br \/>\nestablishments that cater to locals and tourists alike.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\nline-height:normal\"><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\nmso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\nnone\">For investors, the opportunity to expand is significant\u2014an additional <b>building<br \/>\nlot on the west side<\/b> (available separately) provides the possibility for<br \/>\nmore structures and parking, allowing you to scale your investment. The <b>creative<br \/>\npotential<\/b> for this property is limitless, from <b>artisan studios<\/b> to <b>boutique<br \/>\nhotels<\/b>, or a mix of <b>residential lofts<\/b> and <b>commercial spaces<\/b>.<\/span><\/p>\n<p class=\"MsoNormal\">\n<p><!--StartFragment--><\/p>\n<p><!--EndFragment--><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;\nline-height:normal\"><span style=\"font-size:12.0pt;font-family:\"Times New Roman\",serif;\nmso-fareast-font-family:\"Times New Roman\";mso-font-kerning:0pt;mso-ligatures:\nnone\">Unlock the potential of Ridgway\u2019s most desirable location. This <b>Ouray<br \/>\nCounty gem<\/b> is a blank canvas for your next <b>profitable venture<\/b>. Don\u2019t<br \/>\nmiss out on this unique opportunity in this fast-growing Colorado mountain<br \/>\ntown.<\/span><b><\/b><\/p>\n<p><!--EndFragment--><\/h2>\n<p><!--Features--><\/p>\n<div style=\"width: 1000px;\">\n<p><strong>PROPERTY HIGHLIGHTS:<\/strong><\/p>\n<table class=\"prop_table\" style=\"width: 1000px; ,border: 0px #fff;\">\n<tbody>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Historic Ridgway Asset<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Top District Investment<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Prime District Deal<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Investment &#038; Income<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Prime Ridgway Business<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Rare Ridgway Opportunity<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Ridgway Investment Gem<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Ridgway Historic Hub<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Historic Business Buy<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Commercial Property<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prime Investment Opportunity in Ridgway\u2019s Historic Business District \u2013 Ideal for Multi-Family, Commercial, or Creative Ventures Investors, multi-family developers, and artists\u2014this 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&#8217;t be misled by the term &#8220;Historic&#8221;\u2014there are no architectural &#8230;<\/p>\n","protected":false},"featured_media":541964,"comment_status":"closed","ping_status":"closed","template":"","property_category":[8687],"property_action_category":[8851],"property_city":[587],"property_area":[9123],"property_county_state":[7],"property_features":[],"property_status":[7427],"class_list":["post-541963","estate_property","type-estate_property","status-publish","has-post-thumbnail","hentry","property_category-united-states","property_action_category-commercial","property_city-ridgway","property_area-ouray","property_county_state-colorado","property_status-active"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Prime Investment Opportunity: Ridgway Historic Business District<\/title>\n<meta name=\"description\" content=\"Prime Investment Opportunity in Ridgway\u2019s Historic 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