Discover an exceptional mixed-use building lot strategically positioned in the heart of Ridgway, Colorado! This prime investment opportunity boasts unparalleled visibility and versatility, making it ideal for savvy investors and real estate buyers, especially those considering a 1031 Exchange. Zoned as the Business Service Corridor, this property offers a plethora of commercial and residential possibilities, making it a lucrative choice for various ventures. Picture a multi-unit residential complex with a commercial edge, catering to diverse needs such as professional offices for doctors, lawyers, and real estate agents, alongside options for duplexes, triplexes, apartment buildings, and in-demand affordable housing developments. Situated on a level, multi-lot parcel, this property offers flexibility with mixed-use potential and excellent accessibility from both Charlotte Street and the alley, accommodating both vehicular and pedestrian traffic. Enjoy breathtaking views spanning across the town and towards the majestic Cimarron Mountains, with southern vistas revealing glimpses of the renowned Sneffels Range. Included in the sale are valuable Town of Ridgway Water and Sewer Taps, enhancing the property's development potential. Don't miss out on this golden opportunity to acquire a prime investment property tailored to your Ridgway development aspirations, whether your vision is grand or modest. Seize the chance to turn your Ridgway real estate dreams into reality!
Data as of May 08, 2024.
Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
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