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$375,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 837467
Annual Tax Amount $5,487
Tax Year 2026
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Residential
Property 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.
Location
State CO
County Ouray
Zoning Business,Residential Multi Family,Residential Single Family
Rooms
Dining Room No
Exterior
Utilities Available Electricity Near, Fiber Optics, Natural Gas Near, Phone Near
View Mountains
Building
Sewer Sewer Tap Available
Water Tap Available
Schools
Elementary Schools Ridgway K-5
Middle Schools Ridgway 6-8
High Schools Ridgway 9-12
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Listed by United Country Sneffels Realty




