116 S Mary Street, Ridgway, CO 81432
116 S Mary Street, Ridgway, CO 81432
116 S Mary Street, Ridgway, CO 81432
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$500,000
Est. payment /mo
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2 Beds
2 Baths
949 SqFt
Price Dropped by $75K

116 S Mary Street Ridgway, CO 81432

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Randy Collogan

Randy Collogan

+1(970) 732-1632

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 949 sqft

Price per Sqft $526

MLS Listing ID 20265231

Style Ranch

Bedrooms 2

HOA Y/N false

Year Built 1909

Acres 0.24

Lot Dimensions 75x142

Property Sub-Type Single Family Residence

Property Description

Located along Ridgway's highly visible Sherman Street Corridor—the main route connecting Ridgway to Telluride—this historic 1909 brick property offers an exceptional opportunity for homeowners, investors, entrepreneurs, and professionals seeking a flexible live/work property inone of Southwest Colorado's most desirable mountain communities. Rich with history and character, this rare structure is one of only a handfulof original brick buildings still standing in Ridgway and combines historic charm, commercial flexibility, and future development potential in a trulyunique setting. Located within Ridgway's Business Service Corridor zoning district, the property is ideal for a variety of residential, professional,or soft commercial uses including a single-family residence, attorney's office, medical or wellness practice, psychologist's office, real estateoffice, art gallery, design studio, counseling center, or other professional workspace. Inside, you'll find original fir and oak hardwood flooring, exposed interior brick accents, abundant natural light, and inviting spaces full of warmth and authenticity. The main level includes a spacious living area, kitchen, bedroom, and two bathrooms, while the enclosed rear sunroom-style space is surrounded by windows and creates a bright,inspiring environment for living, working, or meeting with clients. The basement provides valuable storage and convenient utility access. The investment potential is especially attractive. The parcel includes three full Town lots plus a portion of the Sherman Street lot, totaling approximately 10,650 square feet and potentially allowing a split into two separate building sites. Retain and renovate the historic structure while building on the second lot, or potentially sell the additional parcel separately for added value. In a market where buildable in-town Ridgway lotsare increasingly scarce, this flexibility creates outstanding long-term opportunity. Sherman Street provides excellent visibility, easy access, andstrong exposure along Ridgway's primary corridor toward Telluride. Whether you're seeking a historic Ridgway home, Telluride corridor investment property, professional office, redevelopment project, or live/work opportunity, this remarkable property delivers location, versatility,and character rarely found in today's market. Historic, spirit-filled, commercially flexible, and priced to sell, this is one of Ridgway's standout opportunities.

Location

State CO

County Ouray

Area Ridgway

Direction So easy to find--just head west on Highway 62 toward Telluride. Property is on the SE corner of Sherman and Mary Street

Rooms

Basement Partial

Interior

Interior Features Main Level Primary, None

Heating Propane, Space Heater

Cooling None

Flooring Carpet, Hardwood, Wood

Fireplaces Type None

Fireplace false

Appliance Refrigerator

Exterior

Exterior Feature None

Fence None

Roof Type Asphalt,Composition

Present Use Mixed Use

Street Surface Gravel

Handicap Access None

Porch None

Garage false

Building

Lot Description Corner Lot, None

Story 1

Foundation Stone

Sewer Connected

Water Public

Structure Type Brick,Other,See Remarks

Schools

Elementary Schools Ridgway

Middle Schools Ridgway Jr. High

High Schools Ridgway

Others

HOA Fee Include None

Tax ID 4305-174-08-001

Listed by UNITED COUNTRY SNEFFELS REALTY

NEARBY SCHOOL & BUSINESS

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Randy Collogan

Randy Collogan

+1(970) 732-1632

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116 S Mary Street