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. This great opportunity in Southwestern Colorado is a rare find. Just about 30 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.
AreaRidgway - 71 (Major Area 70)
DirectionsTake Sherman Street (Hwy 62) to Lena Street and turn north to property.
LegalSubd: TRUE GRIT Lot: B S: 16 T: 45 R: 8
Open Area ParkingOn Street Only
Common UtilitiesRegular Phone
Primary HeatForced Air, Gas
Utility Info Phone LinesRegular Phone
Utility Info Primary HeatForced Air
Source Sq FtAssessor
Listed by Kari Girard of Ponderosa Real Estate The Source for Real Estate