123 N Lena Street
123 N Lena Street Ridgway, Colorado 81432 United States

$1,200,000
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The historic building located right in the heart of downtown Ridgway. Just across from the park where lots of great events and activities happen, it's a great location with high visibility. Established Tenant in place with Lease for 7% CAP rate....

Listing Courtesy of Ponderosa Real Estate The Source For Real Estate

Listing Courtesy of Ponderosa Real Estate The Source For Real Estate
$1,200,000
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2
Partial Baths
2,808 Sq Ft.
Interior
.1 Acres
Exterior
Commercial
Property type
1986
Year Built
779003
Web Id
779003
MLS ID
152
days ago

About 123 N Lena Street

The historic building located right in the heart of downtown Ridgway. Just across from the park where lots of great events and activities happen, it's a great location with high visibility. Established Tenant in place with Lease for 7% CAP rate. This listing does NOT include the restaurant business, inventory, fixtures or anything else involved with the current business. Building is being offered for the Investor who wants an established Tenant, who takes care with great pride and upkeep of the asset. Recent building (real estate) appraisal available which supports value! This great opportunity in Southwestern Colorado is a rare find. Just about 20 minutes to beautiful Ouray, Little Switzerland of American and 45 minutes to Telluride and the ski resort plus all the festivities that Telluride hosts year round. And 30 minutes north to the Montrose Regional Airport you have easy access to travel year round too. Possibility of a residence space so you could have the option to work/live right here. Don't miss this amazing opportunity!

Listing Courtesy of Ponderosa Real Estate The Source For Real Estate, CREN MLS

Amenities

  • Wood Heating

features

lot description
Public Transportation

PROPERTY INFORMATION

Heating
Natural Gas
Parking Description
On Street
Sewer
Public Sewer Installed

INTERIOR

Flooring
Tile, Wood

ADDITIONAL INFORMATION

Number of Units
1
Listing Courtesy of Ponderosa Real Estate The Source For Real Estate

Listing Courtesy of Ponderosa Real Estate The Source For Real Estate

Listing Courtesy of Ponderosa Real Estate The Source For Real Estate

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