Premier Ridgway development
opportunity located on Sherman Street / Highway 62 in the heart of town. This
rare, cleared
parcel is approximately 10,375 sq.
ft. (73 X 142 frontage) and offers a range of potential residential development
concepts,
including single-family with ADU
potential, townhome-style residences, condominium-style residences, or a
multi-unit
residential structure. The
property’s location also provides added flexibility under Ridgway’s Downtown
Service District
framework, which is intended to
allow residential use with compatible limited commercial or live/work
possibilities while
maintaining a residential
character. The parcel size may also allow for subdivision into two qualifying
residential lots,
potentially creating the
opportunity for two principal dwelling units with ADU potential. With its
manageable size, attractive
price point, central Ridgway
location, strong street visibility, and flexible development potential, this
property offers an
appealing opportunity for a
builder, developer, investor, or owner-user seeking to create value in the
Ridgway market.
