Return to Previous Page

    140 & 150 Palamino Trail

    Ridgway, CO 81432
    • $800,000
    • STATUS: Active
    • ON SITE: 42 days
    • MLS #: 768679
    UPDATED: 84 min ago
    $800,000
    • 0
      BEDS
    • 1.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,861
      SQFT
    • $207
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1992
    County:
    Area:

    School Ratings & Info

    Listing courtesy of The Rock Group Real Estate Professionals, Llc.


    Description

    Excellent opportunity in Ridgway Colorado! Two buildings with courtyard area, ample off street parking on paved city streets. Mature landscaping with irrigation. Old west character with towering facades and rough hewn wood beam work, wood boardwalks. There are 4 leased spaces in the north building and two spaces in the south building one leased and one currently vacant. Perfect for the buyer wanting to move a business in and profit from existing leases on the other units. Vacant unit has wood floors, separate office space with its own entrance and a restroom inside. There are two, mens/womens, public restrooms outside accessed from the courtyard. Current tenants include two small restaurants, a smoke shop, legal office and massage therapist. Courtyard is perfect for more picnic tables to increase outdoor seating options. When fully rented this property can pay for itself and only has one vacancy currently. Bathrooms recently painted, and all units save the smallest have been remodeled and are in great condition. This is a great location in Ridgway, superb visibility without being right on the highway. Next door to the busy Conoco gas station. Great way to get a business going in the area!

    Monthly Payment Calculator

    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 2020. 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 The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2020-06-04T22:56:30.14.
    www.crestedbutteliving.com/homes/105285001

    140 & 150 Palamino Trail Ridgway, CO 81432

    • Price: $800,000
    • Status: Active
    • Updated: 84 min ago
    • MLS #: 768679
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.06
    Acres
    3,861
    SQFT
    $207
    $/SQFT
    1992
    Built
    Neighborhood:
    Ridgway
    County:
    Ouray
    Area:
    Ridgway
    Property Description
    Excellent opportunity in Ridgway Colorado! Two buildings with courtyard area, ample off street parking on paved city streets. Mature landscaping with irrigation. Old west character with towering facades and rough hewn wood beam work, wood boardwalks. There are 4 leased spaces in the north building and two spaces in the south building one leased and one currently vacant. Perfect for the buyer wanting to move a business in and profit from existing leases on the other units. Vacant unit has wood floors, separate office space with its own entrance and a restroom inside. There are two, mens/womens, public restrooms outside accessed from the courtyard. Current tenants include two small restaurants, a smoke shop, legal office and massage therapist. Courtyard is perfect for more picnic tables to increase outdoor seating options. When fully rented this property can pay for itself and only has one vacancy currently. Bathrooms recently painted, and all units save the smallest have been remodeled and are in great condition. This is a great location in Ridgway, superb visibility without being right on the highway. Next door to the busy Conoco gas station. Great way to get a business going in the area!
    Exterior Features

    Acreage Range 1-1.99 Carport No Construction Framed Lot Dimension irregular Parking DirtOff StreetGravel10-20 Total SpacesCommon Parking Spaces 20 Property Description CornerLandscapedWooded Lot Roof CompositionMetalShake/ShingleWood Shingle Sewer Public Sewer Installed Stories 1 Street Description 150'+ FrontageCity/TownPaved Water Public Water Well No Waterfront YN No

    Interior Features

    Finished Sq Ft 3861 Foundation Slab Heating Fuel Source Electric Heating System1 Electric Loading Dock No Main Sq Ft 3861 One Quarter Baths 4 Total Offices 0

    Property Features

    Books Available Yes Cam No Covenants Yes Current Use General OfficeRestaurantRetail Storefront Documents On File Leases Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Bar/LoungeConvenience StoreGeneral OfficeProfessional/MedicalRestaurantRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2019 Total Electric Meters 8 Total Gas Meters 6 Total Taxes 9336.78 Total Water Meters 2 Type Multi-Use Type Of Sale Asset Variable Rate No Water Rights No 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 2020. 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 The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2020-06-04T22:56:30.14.
     
    https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_768679-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_768679-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_768679-2.jpg
    Logo
    The Dawn Howe Group | Keller Williams Realty
    PO Box 2142
    Crested Butte CO, 81224
    Listing courtesy of The Rock Group Real Estate Professionals, Llc.