See Home Value
Ridgway 81432
220 S Lena Street
$1,086,809*
Commercial - Off Market

220 S Lena Street

Ridgway, CO 81432
bedrooms
Studio
bathrooms
0 Bath
square feet
3015 Sqft
$684,000 - $836,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Todd R Schroedel, United Country Sneffels Realty, C: , [email protected], http://www.toddssneffelsrealty.com: Great multi-use building located right in the heart of Ridgway!  Most of the locals remember it as their favorite place to go for a nice dinner-in those days it was known as Drake's-and whether you came for the great appetizers, duck, gourmet burgers, artisan pizza or the incredible desserts you knew you were in for something special!  The vast majority of the furnishings and equipment remain from those days, including the ideally designed kitchen, artistic booths, tables, bar and wine cellar. As a restaurant it is totally turn key-and its 'c' shape with bar/lounge off the entry area and larger dining room with 1000 sq. foot deck off the back makes it perfectly sized--not too large or too small for year round clientele. The 3000 plus square foot building could be used in so many different ways, including a simple residence. There are living quarters upstairs already, and it's easy to imagine converting the bar area into a living room, maintaining the beautiful kitchen, and creating a master suite with huge deck off the back.  Other uses abound-including a bed and breakfast, hostel, professional offices, pub, school, church, coffee house, wine bar, or retreat center.  Because the sale includes not only the main building-which sits on 2 Ridgway Town lots -but also the extra 25x142 lot directly to the south you have a myriad ways of expanding the use of the building.  Have a dream for a retreat center with meeting rooms?  What about building a ten unit boutique hotel on the additional lot and having the existing building be the central meeting facilities?  Perhaps you only need the main building?  Sell off the extra lot or hold it for future use?-There are so many possibilities for this special property, located in the Heart of Ridgway.Make an appointment to see it today.

The manager has listed the unit size as 3015 square feet.
Unit Size
3,015Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$252
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1995

Price History

Date / Event Date Event Price
Nov 22, 2022 Sold $775,000
Sold
Mar 10, 2020 No longer available -
No longer available
Sep 15, 2019 Listed $760,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190915
09/15/2019
Studio
-
3015 ft²
$760,000
bedrooms
Studio
bathrooms
-
square feet
3015 ft²
-
-
-
-
20180516
05/16/2018
1 Bed
3 Bath
3015 ft²
-
bedrooms
1 Bed
bathrooms
3 Bath
square feet
3015 ft²
-
-
-
-

Building Info

220 South Lena Street 220 South Lena Street, Ridgway, CO 81432
More about this Building
220 South Lena Street
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About Ridgway


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