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185 N Lena St
Ridgway, CO 81432
Retail Property For Sale

Investment Highlights

  • Historic landmark thoughtfully restored and expanded with high-quality new construction, creating a one-of-a-kind hospitality asset.
  • Prime Ridgway Location – Positioned in the town core with strong destination appeal, walkability, and proximity to Ouray and Telluride.
  • Fully built-out commercial kitchen, bar, AV infrastructure, and indoor/outdoor seating; delivered vacant and ready for immediate operation.

Executive Summary

The Old Firehouse stands as one of Ridgway’s most remarkable commercial properties—an iconic 1907 structure elevated in 2024 with a stunning new addition and high-end commercial construction. The result is a 5,293 SF, turnkey restaurant and event venue that blends historic character with modern performance-level infrastructure. Originally part of the True Grit movie set, in 2024 it was redesigned for serious culinary and hospitality operations. The property features a state-of-the-art commercial kitchen, exceptionally planned for efficiency, capacity, and workflow. A handcrafted bar anchors the interior with warmth and craftsmanship, while integrated AV systems support private dining, live music, corporate events, and celebrations. Indoor and outdoor seating areas offer flexibility for everything from intimate service to large groups, making this a versatile space for a variety of concepts. The property is not currently operating, providing a rare blank slate for a visionary owner. Every major component—from mechanicals to finishes—has been thoughtfully executed, eliminating the construction risk, time, and cost typically associated with launching a high-caliber restaurant or event venue. This Grade-A commercial buildout is truly turnkey. Ridgway’s year-round recreation, strong local community, proximity to Telluride and Ouray, and steady tourism activity create an exceptional environment for a destination restaurant, event center, brewery, distillery, or hybrid hospitality idea. Few properties in Western Colorado offer this level of history, infrastructure, and design quality. Located in the heart of Ridgway’s vibrant town core, 185 N. Lena benefits from high visibility, pedestrian access, and a setting that captures the charm and energy of this mountain community. The combination of historic brickwork, contemporary construction, and standout craftsmanship makes the Old Firehouse a signature asset that cannot be replicated.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type
Retail
  • General Retail Bar
Building Class C
Lot Size 0.40 AC
Gross Leasable Area 5,293 SF
No. Stories 1
Year Built 2024
Clear Ceiling Height 22’
APN / Parcel ID 430516247001
Zoning Commercial - Historic Business District, Located on Town Park in downtown Ridgway.

Amenities

  • Conferencing Facility
  • Corner Lot
  • Fenced Lot
  • Restaurant
  • Security System
  • Storage Space
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet
  • Smoke Detector
  • Listing ID: 38986861

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 185 N Lena St, Ridgway, CO 81432

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