185 N Lena Street, Ridgway, CO 81432
185 N Lena Street, Ridgway, CO 81432
185 N Lena Street, Ridgway, CO 81432
185 N Lena Street, Ridgway, CO 81432
185 N Lena Street, Ridgway, CO 81432
185 N Lena Street, Ridgway, CO 81432
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$ 11,500,000
Est. payment | /mo

9 Baths

13,415 SqFt


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$ 11,500,000
Est. payment | /mo
Save

9 Baths

13,415 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Use w/Res

Listing Status Active

Purchase Type For Sale

Square Footage 13,415 sqft

Price per Sqft $857

MLS Listing ID 836359

Full Baths 6

Half Baths 3

Year Built 1907

Annual Tax Amount $10,857

Tax Year 2025

Property Sub-Type Multi-Use w/Res

Property Description

The Old Firehouse presents a rare opportunity to acquire an iconic mixed-use investment property in the heart of Ridgway. Originally built in 1907 and extensively redeveloped in 2024, this landmark property blends historic character with modern construction and infrastructure. The offering includes a diverse mix of commercial, office, residential, and hospitality components. Greenhouse Condo B provides flexible retail, studio, or office space, while Condo C offers stable income through an established office tenant. Condo D consists of four deed-restricted residential units with strong workforce housing demand and future upside potential. Condo E, the Penthouse, is an unfinished luxury residence featuring a private rooftop balcony, indoor/outdoor fireplace, and panoramic views of the San Juan and Cimarron Mountains. Also included is a fully built-out restaurant and event venue featuring a state-of-the-art commercial kitchen, handcrafted bar, integrated AV systems, and flexible indoor/outdoor seating. The space is turnkey and ready for a new hospitality concept. Located within walking distance of Ridgway's restaurants, shops, parks, and community amenities, the Old Firehouse benefits from strong regional demand driven by tourism, recreation, and growth throughout Ridgway, Ouray, Telluride, and the surrounding San Juan Mountain region. Combining multiple income streams, redevelopment quality, and a highly visible downtown location, the Old Firehouse is a one-of-a-kind investment and legacy asset in one of Colorado's most desirable mountain communities.

Location

State CO

County Ouray

Interior

Heating Electric

Cooling Central A/C

Flooring Other

Furnishings Unfurnished

Exterior

Parking Features On Street

Utilities Available Electric, Internet, Natural Gas, Other, Sanitary Sewer

Roof Type Other

Building

Story 3

Foundation Brick

Sewer Public Sewer Installed

Water Public

New Construction No

Colorado Real Estate Network (CREN) + Sold
Listed by Keller Williams Realty Southwest Associates, LLC - Montrose

Nearby Locations

Kelsey Loftis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 784-6768

kelseyloftis@gmail.com

PO Box 7053 Gunnison, CO 81230

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185 N Lena Street