116 S Mary Street, Ridgway, CO 81432
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116 S Mary Street, Ridgway, CO 81432
116 S Mary Street, Ridgway, CO 81432
116 S Mary Street, Ridgway, CO 81432
116 S Mary Street, Ridgway, CO 81432
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Lee Roufa

Lee Roufa

+1(970) 729-0526
$ 575,000
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116 S Mary Street Ridgway, CO 81432

1 Bed

2 Baths

949 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Stick Built

Listing Status Active

Purchase Type For Sale

Square Footage 949 sqft

Price per Sqft $605

Subdivision Town Of Ridgway

MLS Listing ID 835006

Style Bungalow

Bedrooms 1

Half Baths 2

Year Built 1909

Tax Year 2025

Lot Size 10650.000 Acres

Acres 10650.0

Property Sub-Type Stick Built

Property Description

Located along Ridgway's highly visible Sherman Street Corridor—the main route connecting Ridgway to Telluride—this historic 1909 brick property offers an exceptional opportunity for homeowners, investors, entrepreneurs, and professionals seeking a flexible live/work property in one of Southwest Colorado's most desirable mountain communities. Rich with history and character, this rare structure is one of only a handful of original brick buildings still standing in Ridgway and combines historic charm, commercial flexibility, and future development potential in a truly unique setting. Located within Ridgway's Business Service Corridor zoning district, the property is ideal for a variety of residential, professional, or soft commercial uses including a single-family residence, attorney's office, medical or wellness practice, psychologist's office, real estate office, art gallery, design studio, counseling center, or other professional workspace. Inside, you'll find original fir and oak hardwood flooring, exposed interior brick accents, abundant natural light, and inviting spaces full of warmth and authenticity. The main level includes a spacious living area, kitchen, bedroom, and two bathrooms, while the enclosed rear sunroom-style space is surrounded by windows and creates a bright, inspiring environment for living, working, or meeting with clients. The basement provides valuable storage and convenient utility access. The investment potential is especially attractive. The parcel includes three full Town lots plus a portion of the Sherman Street lot, totaling approximately 10,650 square feet and potentially allowing a split into two separate building sites. Retain and renovate the historic structure while building on the second lot, or potentially sell the additional parcel separately for added value. In a market where buildable in-town Ridgway lots are increasingly scarce, this flexibility creates outstanding long-term opportunity. Sherman Street provides excellent visibility, easy access, and strong exposure along Ridgway's primary corridor toward Telluride. Whether you're seeking a historic Ridgway home, Telluride corridor investment property, professional office, redevelopment project, or live/work opportunity, this remarkable property delivers location, versatility, and character rarely found in today's market. Historic, spirit-filled, commercially flexible, and priced to sell, this is one of Ridgway's standout opportunities.

Location

State CO

County Ouray

Area Ridgway

Zoning Commercial,Live/Work,Mixed-Use,Other,Residential Single Family

Rooms

Basement Basement-unfinished

Interior

Heating Space Heater

Flooring Carpet-Partial, Hardwood, Linoleum

Inclusions Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator

Furnishings Unfurnished

Exterior

Utilities Available Electric, Phone - Cell Reception, Phone - Landline, Propane-Tank Leased

View Mountains, Valley

Roof Type Composition

Building

Story One Story

Foundation Basement-unfinished

Sewer Public Sewer

Water City Water

New Construction No

Schools

Elementary Schools Ridgway K-5

Middle Schools Ridgway 6-8

High Schools Ridgway 9-12

Others

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Colorado Real Estate Network (CREN) + Sold
Listed by United Country Sneffels Realty

NEARBY SCHOOLS & PROPERTIES

Lee Roufa

Lee Roufa

Broker License Partner Engel & Volkers Telluride | License ID: ec100033234

+1(970) 729-0526

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116 S Mary Street