Overview

  • Updated On:
  • March 23, 2025
  • acre symbol
  • 0.23 acres

Prime Mixed-use Development Opportunity in the Heart Of Ridgway, Colorado

$ 1,135,000
172 N Laura St,
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Description

Prime Mixed-Use Development
Opportunity in the Heart of Ridgway, Colorado

This premium mixed-use development parcel is one of Ridgway’s most
desirable investment opportunities, offering unmatched potential in the
town’s Historic Business Zone. Spanning 71 feet wide by 142 feet deep,
this high-value lot is ideal for developers looking to create a dynamic blend
of residential and commercial spaces in the fast-growing
Ridgway-Ouray-Telluride corridor.

Unbeatable Zoning & Development
Flexibility

With no side or front setbacks and only a four-foot rear
setback, this property maximizes buildable space. The zoning allows for three-story
construction (up to 35 feet high), rooftop patios, and a variety of mixed-use
options, including:

Retail spaces,
galleries, and outdoor entertainment areas
Restaurants,
bars, and boutique shops
Luxury
townhomes and high-end condominiums

A conceptual design—developed in collaboration with Ridgway town
officials—is included with the listing, demonstrating the site’s limitless
possibilities.

Prime Location in Thriving Downtown
Ridgway

Situated steps from top local attractions like Taco Del Gnar,
Colorado Boy Brewery, Kate’s, and the Sherbino Theater, this property
ensures high visibility and walkability. Future residents and visitors
will love being within walking distance of:

Ridgway’s beautiful
parks, markets, and schools
Banks,
churches, and community hubs
Scenic trails
and outdoor recreation

Ridgway’s pedestrian-friendly infrastructure is already in place, with landscaped
walkways and street enhancements surrounding the property.

Ready-to-Build with Existing Utilities
& Rental Income

Developers will appreciate the fully connected infrastructure,
including:

Ouray municipal
water and sewer
Electricity and
natural gas
High-speed
internet

The property also includes a rented single-family home, providing immediate
rental income while you finalize development plans.

Invest in the Future of Southwest
Colorado

Ridgway has become a premier destination for developers and investors
thanks to its strategic location between Telluride, Ouray, Silverton, and
Montrose. With strong tourism, a growing community, and unparalleled
mountain views, this is a rare opportunity to bring your vision for
Colorado’s future to life.

Don’t miss this chance to secure one of Ridgway’s best mixed-use
development sites. Contact us today to explore the potential!

PROPERTY FEATURES:

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Commercial Property

Investment & Income

Land for Sale

Address: 172 N Laura St
City:
State/County:
Zip: 81432
Country: United States
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Property Id : 439880
Price: $ 1,135,000
County: Ouray County
Lot Size (AC): 0.23000
Listing ID: 05056-822055
Office ID: 3246
Listing Address: 172 N Laura

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Todd Schroedel