$1,300,000
( $289.66Per Sq Foot )
 $6,979 est/mo Sourced by Back At You

590 Palomino Trail,Ridgway, CO 81432

Ridgway, CO 81432

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Description

This F2-zoned mixed-use building with residence just off Highway 550in Ridgway is a smart setup for an owner-operator or investor. You can live upstairs and rent out the two ground-floor commercial units to easily offset your mortgage. The property stands out with impressive metal work inside and out. The exterior features durable metal siding designed for the mountain elements, while the interior commercial space is framed by heavy-duty steel beam construction anchored to an over-thickened concrete slab. The upper level features a spacious 1,404-square-foot, 3-bedroom, 1-bathroom apartment. Incredible views of Mt. Sneffels and the Cimarron Range. Downstairs, the fire safety infrastructure is top tier. It utilizes a freeze-proof dry sprinkler system fed by a 4-inch pipe and thrust block, guaranteeing instant water delivery with zero winter freezing risks. Complete with 14 dedicated parking spots, this property is a highly capable and turnkey setup ready for its next owner.

Details

MLS #838330
Listing TypeFor Sale
StyleMixeduse
HOA Dues$250
Sub-TypeResale
StatusActive
Year2018
Days On Site63
Listing Provided ByRidgway Real Estate | Quay Reinert

Features

Bath(s) 3 Total
SQ Feet4,488
Story(s)2
Units3
ZoningCommercial
Acreage0.28

Interior

Heating Yes / NoYes
HeatingNatural Gas, Radiant Floor
FurnishedUnfurnished

Exterior

RoofMetal
Foundation DetailsConcrete Perimeter

Parking

Parking FeaturesParking Spaces

Utilities

UtilitiesElectricity Connected, Natural Gas Available, Water Available

Other

List AorMontrose Association Of Realtors

Taxes

Property7959

Area Information

StateCO
CountyOuray
CityRidgway
Zip Code81432
AreaRidgway
Listing VS Median (in 81432)
Price:
$1,300,000
low | high
Med:
$957,500
76.346153846154% of Average
sqft:
4,488
low | high
Med:
5,575
25.790998217469% of Average
$ / sqft:
$290
low | high
Med:
$466
10.751418903693% of Average
On site:
63
low | high
Med:
99
63.636363636364% of Average
Sourced by Back At You

Market Activity 81432

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Learn More About This Property

StateCO
CountyOuray
CityRidgway
Zip Code81432
AreaRidgway
Listing VS Median (in 81432)
Price:
$1,300,000
low | high
Med:
$957,500
76.346153846154% of Average
sqft:
4,488
low | high
Med:
5,575
25.790998217469% of Average
$ / sqft:
$290
low | high
Med:
$466
10.751418903693% of Average
On site:
63
low | high
Med:
99
63.636363636364% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 8:36:15 PM PDT