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$965,000
Est. payment /mo
2 Baths
1,952 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Use w/Res
Listing Status Back on Market
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $494
MLS Listing ID 839465
Full Baths 1
Three Quarter Bath 1
HOA Fees $269/ann
Year Built 2006
Annual Tax Amount $2,612
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Multi-Use w/Res
Property Description
RARE RIDGWAY COMMERCIAL REAL ESTATE — TELLURIDE MARKET ACCESS WITH EXCEPTIONAL FLEXIBILITY Commercial real estate in the Telluride region is increasingly difficult to find, making 400 Palomino Trail a compelling opportunity for an owner-user, investor, or business serving Telluride and Mountain Village. Located in Ridgway's General Commercial district, this approximately 1,952-square-foot property offers something increasingly valuable in the region: commercial zoning, exceptional parking, a strategic location, and the ability to combine business and residential use—all without paying Telluride commercial real estate prices. For a Telluride-area business, 400 Palomino can provide an affordable ownership alternative to locating directly in Telluride while remaining strategically positioned to serve customers, projects, employees and clients throughout the Telluride–Ouray–Ridgway corridor. The property is particularly well suited to businesses that need more than an office: contractors, property-service companies, designers, architects, staging and furnishing companies, professional services, specialty retail, creative businesses, outdoor-oriented companies and other Telluride-serving enterprises may find the combination of space and accessibility especially attractive. Buyers should independently verify permitted uses with the Town of Ridgway. One of the property's greatest commercial advantages is its parking. With 10+ covered parking spaces, RV parking and additional off-street parking, there is room for vehicles, employees, customers, equipment and business operations—an increasingly valuable feature for a mountain-region business. The existing building is configured with a commercial lower level and a beautifully finished residential upper level, creating exceptional owner-user flexibility. Operate your business downstairs and live upstairs, lease one or both spaces, or adapt the configuration to your particular needs. The residential component can provide additional income potential or an on-site residence for an owner or employee. Thoughtfully designed and constructed, the property combines quality materials and craftsmanship with distinctive Western Victorian character. Separate entrances, expansive porches and decks, landscaped grounds, mature trees, covered parking and an efficient heat-pump system contribute to both functionality and long-term appeal. The location at the eastern edge of Ridgway provides convenient access to the Town Core while placing you within the broader Telluride, Ouray and Montrose regional market. For a business connected to Telluride, this is an opportunity to own the place where your business operates rather than simply rent space—and do so in a community where commercial property can offer substantially greater flexibility. Commercial ownership. Telluride-market access. Exceptional parking. Live/work flexibility. Ridgway value. Opportunities combining these characteristics are uncommon. If you have been searching for a commercial property to establish or expand a Telluride-serving business, 400 Palomino Trail deserves a close look.
Location
State CO
County Ouray
Interior
Heating Heat Pump
Flooring Carpet, Tile, Wood
Furnishings Partially Furnished
Exterior
Parking Features On Street, Off Street, 20 + Total Spaces
Garage Spaces 20.0
Utilities Available Electric, Internet, Sanitary Sewer, Water
Roof Type Metal
Building
Story 2
Foundation Stemwall
Sewer Public Sewer Installed
Water Tap Installed Paid
New Construction No
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Listed by United Country Sneffels Realty