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123 N Lena Street

Ridgway, CO 81432
  • $1,200,000
  • STATUS: Active
  • ON SITE: 155 days
  • MLS #: 779003
UPDATED: 57 min ago
$1,200,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 2,808
    SQFT
  • $427
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1986
County:
Area:

School Ratings & Info

Listing courtesy of Ponderosa Real Estate The Source For Real Estate.


Description

The historic building located right in the heart of downtown Ridgway. Just across from the park where lots of great events and activities happen, it's a great location with high visibility. Established Tenant in place with Lease for 7% CAP rate. This listing does NOT include the restaurant business, inventory, fixtures or anything else involved with the current business. Building is being offered for the Investor who wants an established Tenant, who takes care with great pride and upkeep of the asset. Recent building (real estate) appraisal available which supports value! This great opportunity in Southwestern Colorado is a rare find. Just about 20 minutes to beautiful Ouray, Little Switzerland of American and 45 minutes to Telluride and the ski resort plus all the festivities that Telluride hosts year round. And 30 minutes north to the Montrose Regional Airport you have easy access to travel year round too. Possibility of a residence space so you could have the option to work/live right here. Don't miss this amazing opportunity!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dawn Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-07-30T07:56:23.32.
www.crestedbutteliving.com/homes/114487402
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123 N Lena Street Ridgway, CO 81432

  • Price: $1,200,000
  • Status: Active
  • Updated: 57 min ago
  • MLS #: 779003
0
Beds
0
Baths
2
½ Baths
0.1
Acres
2,808
SQFT
$427
$/SQFT
1986
Built
Neighborhood:
None
County:
Ouray
Area:
Ridgway
Property Description
The historic building located right in the heart of downtown Ridgway. Just across from the park where lots of great events and activities happen, it's a great location with high visibility. Established Tenant in place with Lease for 7% CAP rate. This listing does NOT include the restaurant business, inventory, fixtures or anything else involved with the current business. Building is being offered for the Investor who wants an established Tenant, who takes care with great pride and upkeep of the asset. Recent building (real estate) appraisal available which supports value! This great opportunity in Southwestern Colorado is a rare find. Just about 20 minutes to beautiful Ouray, Little Switzerland of American and 45 minutes to Telluride and the ski resort plus all the festivities that Telluride hosts year round. And 30 minutes north to the Montrose Regional Airport you have easy access to travel year round too. Possibility of a residence space so you could have the option to work/live right here. Don't miss this amazing opportunity!
Exterior Features

Acreage Range Less Than 1/2 Carport No Construction Frame Lot Dimension 4285 Sq Ft Parking On Street Property Attached Yes Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

Interior Features

Cooling No Finished Sq Ft 2808 Flooring TileWood Foundation Basement-Partial Finish Furn Fixt Equip No Heating Fuel Source Natural Gas Heating System Forced Air Heating System1 Forced Air Lower Sq Ft 0 Main Sq Ft 1767 One Quarter Baths 0 Total Offices 1 Upper Sq Ft 1041

Property Features

Available Utilities ElectricFiber OpticsInternetNatural GasPhoneSanitary SewerWater Books Available No Cam No Covenants No Current Business Resturant Current Use RestaurantBar Desc Of Business Resturant Documents On File LeasesLegal DescriptionProfit/Loss Enterprise Zone No Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included No Inventory Included No Lease Included Yes Monthly Cam Charges -0- Monthly Insurance Charges -0- New Construction YN No Owners Association No Possible Property Use Bar/LoungeConvenience StoreGeneral OfficeMixed-UseOtherProfessional/MedicalRestaurantRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Total Electric Meters 1 Total Gas Meters 1 Total Taxes 5560.08 Total Water Meters 1 Type Multi-Use Type Of Sale Asset Variable Rate Yes Water Rights No Year Started 1986 Zoning Type Commercial

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dawn Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-07-30T07:56:23.32.
 
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Dawn Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Ponderosa Real Estate The Source For Real Estate.