185 N Lena St - Retail CONDO FOR SALE


Ridgway, CO 81432
$925,000-$6,350,000 USD
970-901-7018
185 N Lena St, Ridgway, CO for Sale
$925,000-$6,350,000 USD
Retail CONDO - FOR SALE
1/79
1,471-5,293 SF | Request Cap Rate

NEW


185 N Lena St
Ridgway, CO 81432


HIGHLIGHTS

  • Iconic 1907 landmark building reimagined in 2024 with a stunning new addition and premium commercial construction
  • 5,293 SF turnkey restaurant and event venue combining historic character with modern hospitality infrastructure
  • State-of-the-art commercial kitchen designed for maximum efficiency, workflow, and production capacity

OVERVIEW

The Old Firehouse stands as one of Ridgway’s most remarkable commercial properties—an iconic 1907 structure elevated in 2024 with a stunning new addition and high-end commercial construction.? The result is a 5,293 SF, turnkey restaurant and event venue that blends historic character with modern performance-level infrastructure.? Originally constructed as part of the True Grit movie set, in 2024 is was redesigned for serious culinary and hospitality operations.? The property features a state-of-the-art commercial kitchen, exceptionally planned for efficiency, capacity, and workflow.? A handcrafted bar anchors the interior with warmth and craftsmanship, while integrated AV systems support private dining, live music, corporate events, and celebrations.? Indoor and outdoor seating areas offer flexibility for everything from intimate service to large groups, making this a versatile space for a variety of concepts.? The property is not currently operating, providing a rare blank slate for a visionary owner.? Every major component—from mechanicals to finishes—has been thoughtfully executed, eliminating the construction risk, time, and cost typically associated with launching a high-caliber restaurant or event venue.? This Grade-A commercial buildout is truly turnkey.? Ridgway’s year-round recreation, strong local community, proximity to Telluride and Ouray, and steady tourism activity create an exceptional environment for a destination restaurant, event center, brewery, distillery, or hybrid hospitality idea.? Few properties in Western Colorado offer this level of history, infrastructure, and design quality.? Located in the heart of Ridgway’s vibrant town core, 185 N.? Lena benefits from high visibility, pedestrian access, and a setting that captures the charm and energy of this mountain community.? The combination of historic brickwork, contemporary construction, and standout craftsmanship makes the Old Firehouse a signature asset that cannot be replicated.?

FOR SALE DETAILS

PRICE

$925,000-$6,350,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

5

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

30,000 SF

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

Commercial

APN/PARCEL ID

430516247001

ASK ABOUT THIS PROPERTY

Colleen AllerKeller Williams Realty Southwest AssociatesMore Info
970-901-7018

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Colleen AllerKeller Williams Realty Southwest AssociatesMore Info
970-901-7018

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.