116 S Mary Street , Ridgway, CO 81432

$575,000
  • 116 S Mary Street , Ridgway, CO 81432 Main Photo

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New to the Market Active
BEDS2 BATHS SQUARE FEET949 MLS#20265231
STATUSActive PROPERTY TYPEResidential - Single Family

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.

116 S Mary Street | MLS# 20265231

This single family home located at 116 S Mary Street , Ridgway, CO 81432 is currently listed for sale with an asking price of $575,000. This property was built in 1909 and has 2 bedrooms with 949 sq. ft. Search Ridgway real estate on www.blrealtygj.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Partial
Cooling: None
Heating: Propane, Space Heater
Home Style: Ranch
Lot Size: 0.24 Acres
Roof Type: Asphalt, Composition
Stories: 1.0
Year Built: 1909

Amenities

Main Level Primary
None

Feature Descriptions

Appliances: Refrigerator
Exterior: Brick, Other, See Remarks
Flooring: Carpet, Hardwood, Wood
Lot: Corner Lot, None
Lot Dimensions: 75x142
Parcel#: 4305-174-08-001
Sewer: Connected
Water: Public
Zoning: Downtown Service Corridor

Room Sizes

Living Room: 12x15 Level - Main
Laundry: 3x4 Level - Main
Kitchen: 8x12 Level - Main
Family Room: N/ A
Dining Room: 8x12 Level - Main
Primary Bedroom: 12x20 Level - Main

Local Schools

High School: Ridgway
Middle School: Ridgway Jr. High
Elementary School: Ridgway

Listed By / Shown By

Listed By

Agency Name: UNITED COUNTRY SNEFFELS REALTY
Agency Phone: 970-626-3555

Shown By

Agency Title: B.L. Realty, Inc.
Agency Phone: 970-623-0596

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Estimated Payment

$ 3,531.06 per month $3,363.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $167.71 Homeowner's Insurance

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