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2 Beds
2 Baths
949 sqft

$500,000

116 S Mary Street, Ridgway CO, 81432

Price per sqft$526.87
Built in1909
Property size949 sqft
Property typeResidential

Overview

Active

Listed Oct 22, 2026

Updated 3 days ago

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 inone of Southwest Colorado’s most desirable mountain communities. Rich with history and character, this rare structure is one of only a handfulof original brick buildings still standing in Ridgway and combines historic charm, commercial flexibility, and future development potential in a trulyunique 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 estateoffice, 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 lotsare increasingly scarce, this flexibility creates outstanding long-term opportunity. Sherman Street provides excellent visibility, easy access, andstrong 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.

$3,327/mo

Est. mortgage payment based on a $500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20265231

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.24 Acres
MLS provider logo

Courtesy of UNITED COUNTRY SNEFFELS REALTY, ,
Listing Contact: 970-626-3555 

Based on information from Grand Junction Area REALTORS Association as of 10/24/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Grand Junction Area REALTORS Association. . All rights reserved.

Data last updated 2:39 AM UTC, 10/24/2026

 

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