$375,000
 $2,013 est/mo Sourced by Back At You

Tbd Sherman Street,Ridgway, CO 81432

Ridgway, CO 81432

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Description

Premier Ridgway development opportunity located on Sherman Street / Highway 62 in the heart of town. This rare, cleared parcel is approximately 10,375 sq. ft. (73 X 142 frontage) and offers a range of potential residential development concepts, including single-family with ADU potential, townhome-style residences, condominium-style residences, or a multi-unit residential structure. The property's location also provides added flexibility under Ridgway's Downtown Service District framework, which is intended to allow residential use with compatible limited commercial or live/work possibilities while maintaining a residential character. The parcel size may also allow for subdivision into two qualifying residential lots, potentially creating the opportunity for two principal dwelling units with ADU potential.With its manageable size, attractive price point, central Ridgway location, strong street visibility, and flexible development potential, this property offers an appealing opportunity for a builder, developer, investor, or owner-user seeking to create value in the Ridgway market.

Details

MLS #44779
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site40
Listing Provided ByUnited Country Sneffels Realty | Judi Snelling

Features

Acreage0.25

Taxes

Tax Annual Amount5587.16

Area Information

StateCO
CountyOuray County
CityRidgway
Zip Code81432
AreaRidgway
SubareaOuray County
Community NameRidgway Town Of
Listing VS Median (in Ridgway Town Of)
Price:
$375,000
low | high
Med:
$0
On site:
40
low | high
Med:
Sourced by Back At You

Market Activity 81432

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Learn More About This Property

StateCO
CountyOuray County
CityRidgway
Zip Code81432
AreaRidgway
SubareaOuray County
Community NameRidgway Town Of
Listing VS Median (in Ridgway Town Of)
Price:
$375,000
low | high
Med:
$0
On site:
40
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $281K - $468K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
25565 Road U.8 Property Photo 1
$895,000
25565 Road U.8
Dolores, CO 81323
TBD W Sherman N Laura Street Property Photo 1
$399,000
Tbd W Sherman N Laura Street
Ridgway, CO 81432
Listing Updated: August 12, 2026 at 9:50:23 AM PDT
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