Description
THIS IS A 50% OWNERSHIP OPPORTUNITY. THE ENTIRE BUILDING IS ALSO FOR SALE FOR $2,395,000a"SEE MLS#:81156. This is an investment opportunity in Southwest Colorado.This splendid Rio Grande Building is strategically positioned at the convergence of CO 550 and CO 62, nestled alongside the river. Currently leased to four thriving businesses, this property's positive cash flow presents an attractive option for investors anticipating future appreciation for long-term capital gains. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various uses, including office, retail, and dining. Crafted with superior construction and premium materials such as copper gutters and windows, the architecture pays homage to Ridgway's rich history.
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0BEDS
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0.51ACRES
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0BATHS
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51/2 BATHS
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9,995SQFT
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$110$/SQFT
School Ratings & Info
Description
THIS IS A 50% OWNERSHIP OPPORTUNITY. THE ENTIRE BUILDING IS ALSO FOR SALE FOR $2,395,000a"SEE MLS#:81156. This is an investment opportunity in Southwest Colorado.This splendid Rio Grande Building is strategically positioned at the convergence of CO 550 and CO 62, nestled alongside the river. Currently leased to four thriving businesses, this property's positive cash flow presents an attractive option for investors anticipating future appreciation for long-term capital gains. With over 28 parking spaces and potential expansion opportunities, the current zoning permits various uses, including office, retail, and dining. Crafted with superior construction and premium materials such as copper gutters and windows, the architecture pays homage to Ridgway's rich history.
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Data last updated: 2024-12-12T21:49:38.007.
Listing provided courtesy of Karen Mccarthy of Coldwell Banker Distinctive Properties-Telluride: .