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Prime Mixed-Use Development Opportunity in the Heart of Ridgway, Colorado

172 N Laura, Ridgway, Colorado, 81432

Photos

* FOR SALE

$1,135,000

MLS: 05056-822055

0.23 Acres

What You Should Know

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Why You'll Love It

Prime Mixed-Use Development Opportunity in the Heart of Ridgway, Colorado

This premium mixed-use development parcel is one of Ridgway’s most desirable investment opportunities, offering unmatched potential in the town’s Historic Business Zone. Spanning 71 feet wide by 142 feet deep, this high-value lot is ideal for developers looking to create a dynamic blend of residential and commercial spaces in the fast-growing Ridgway-Ouray-Telluride corridor.

Unbeatable Zoning & Development Flexibility

With no side or front setbacks and only a four-foot rear setback, this property maximizes buildable space. The zoning allows for three-story construction (up to 35 feet high), rooftop patios, and a variety of mixed-use options, including:

  • Retail spaces, galleries, and outdoor entertainment areas
  • Restaurants, bars, and boutique shops
  • Luxury townhomes and high-end condominiums

A conceptual design—developed in collaboration with Ridgway town officials—is included with the listing, demonstrating the site’s limitless possibilities.

Prime Location in Thriving Downtown Ridgway

Situated steps from top local attractions like Taco Del Gnar, Colorado Boy Brewery, Kate’s, and the Sherbino Theater, this property ensures high visibility and walkability. Future residents and visitors will love being within walking distance of:

  • Ridgway’s beautiful parks, markets, and schools
  • Banks, churches, and community hubs
  • Scenic trails and outdoor recreation

Ridgway’s pedestrian-friendly infrastructure is already in place, with landscaped walkways and street enhancements surrounding the property.

Ready-to-Build with Existing Utilities & Rental Income

Developers will appreciate the fully connected infrastructure, including:

  • Ouray municipal water and sewer
  • Electricity and natural gas
  • High-speed internet

The property also includes a rented single-family home, providing immediate rental income while you finalize development plans.

Invest in the Future of Southwest Colorado

Ridgway has become a premier destination for developers and investors thanks to its strategic location between Telluride, Ouray, Silverton, and Montrose. With strong tourism, a growing community, and unparalleled mountain views, this is a rare opportunity to bring your vision for Colorado’s future to life.

Don’t miss this chance to secure one of Ridgway’s best mixed-use development sites. Contact us today to explore the potential!

Where You'll Find It

  • Street Address: 172 N Laura
  • City: Ridgway
  • State: Colorado
  • County: Ouray

Todd Schroedel

Owner/Broker
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