590 Palomino Trail, Ridgway, CO 81432
590 Palomino Trail, Ridgway, CO 81432
590 Palomino Trail, Ridgway, CO 81432
590 Palomino Trail, Ridgway, CO 81432
590 Palomino Trail, Ridgway, CO 81432
590 Palomino Trail, Ridgway, CO 81432
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Kelsey Loftis

Kelsey Loftis

+1(970) 784-6768
$ 1,300,000
Est. payment | /mo

3 Baths

4,488 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

3 Baths

4,488 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Use w/Res

Listing Status Active

Purchase Type For Sale

Square Footage 4,488 sqft

Price per Sqft $289

MLS Listing ID 838330

Full Baths 1

Half Baths 2

HOA Fees $250/ann

Year Built 2018

Annual Tax Amount $7,959

Tax Year 2025

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Multi-Use w/Res

Property Description

This F2-zoned mixed-use building with residence just off Highway 550in Ridgway is a smart setup for an owner-operator or investor. You can live upstairs and rent out the two ground-floor commercial units to easily offset your mortgage. The property stands out with impressive metal work inside and out. The exterior features durable metal siding designed for the mountain elements, while the interior commercial space is framed by heavy-duty steel beam construction anchored to an over-thickened concrete slab. The upper level features a spacious 1,404-square-foot, 3-bedroom, 1-bathroom apartment. Incredible views of Mt. Sneffels and the Cimarron Range. Downstairs, the fire safety infrastructure is top tier. It utilizes a freeze-proof dry sprinkler system fed by a 4-inch pipe and thrust block, guaranteeing instant water delivery with zero winter freezing risks. Complete with 14 dedicated parking spots, this property is a highly capable and turnkey setup ready for its next owner.

Location

State CO

County Ouray

Interior

Heating In-Floor Radiant

Flooring Concrete, Vinyl

Furnishings Unfurnished

Exterior

Parking Features 10-20 Total Spaces

Utilities Available Electric, Natural Gas, Water

Roof Type Metal

Building

Story 2

Foundation Concrete

Sewer Public Sewer Installed

Water Water Installed

New Construction No

Colorado Real Estate Network (CREN) + Sold
Listed by Ridgway Real Estate

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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590 Palomino Trail