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$849,000
Est. payment /mo
0.49 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Back on Market
Purchase Type For Sale
Subdivision Town Of Ridgway
MLS Listing ID 839894
Annual Tax Amount $10,613
Tax Year 2025
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Residential
Property Description
Discover an exceptional mixed-use building lot strategically positioned in the heart of Ridgway, Colorado! This prime investment opportunity boasts unparalleled visibility and versatility, making it ideal for savvy investors and real estate buyers, especially those considering a 1031 Exchange. Zoned as the Business Service Corridor, this property offers a plethora of commercial and residential possibilities, making it a lucrative choice for various ventures. Picture a multi-unit residential complex with a commercial edge, catering to diverse needs such as professional offices for doctors, lawyers, and real estate agents, alongside options for duplexes, triplexes, apartment buildings, and in-demand affordable housing developments. Situated on a level, multi-lot parcel, this property offers flexibility with mixed-use potential and excellent accessibility from both Charlotte Street and the alley, accommodating both vehicular and pedestrian traffic. Enjoy breathtaking views spanning across the town and towards the majestic Cimarron Mountains, with southern vistas revealing glimpses of the renowned Sneffels Range. Included in the sale are valuable Town of Ridgway Water and Sewer Taps, enhancing the property's development potential. Don't miss out on this golden opportunity to acquire a prime investment property tailored to your Ridgway development aspirations, whether your vision is grand or modest. Seize the chance to turn your Ridgway real estate dreams into reality!
Location
State CO
County Ouray
Zoning Business,Commercial,Live/Work,Residential Multi Family,Residential Single Family
Rooms
Dining Room Yes
Exterior
Utilities Available Electricity, Internet, Natural Gas, Phone, Phone - Cell Reception, Phone - Landline
View Mountains, Other, Valley
Building
Sewer Sewer Tap Available, Sewer Tap Installed, Sewer Tap Paid
Water Domestic Installed/Paid, Public, Tap Available, Tap Installed, Tap Paid
Schools
Elementary Schools Ridgway K-5
Middle Schools Ridgway 6-8
High Schools Ridgway 9-12
Others
Read Less Info

Listed by United Country Sneffels Realty
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