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123 N Lena

  
Property Info
123 N Lena
Ridgway, CO 81432
$1,200,000
2808 Square Feet
Commercial
MLS# 779003
County: Ouray
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Property Details

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!

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Interior Features
  • 2808 Square Feet
  • Number of Units: 1
  • Zoning: Commercial
  • Building Use: Restaurant, Bar
Exterior Features
  • 0.10 Acres

Courtesy of Kari Girard

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This data was last updated: 2021-06-14 12:16pm

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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.