172 Laura St - Premium Mixed-Use Development 0.23 Acres of Commercial Land Offered at $1,135,000 in Ridgway, CO 81432

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!
Listing ID: 05056-822055