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Investment Highlights

  • Flexible Commercial Space – Greenhouse Condo B offers adaptable retail, studio, or office space suitable for a variety of tenants and business concept
  • Historic Meets Modern – Originally built in 1907 and comprehensively redeveloped in 2024, combining historic charm with modern construction, systems,
  • Diverse Income Streams – Multiple revenue-generating components including retail, office, residential, restaurant, event, and hospitality uses.
  • Iconic Downtown Ridgway Asset – Rare opportunity to acquire a landmark mixed-use property in the heart of Ridgway, Colorado.

Executive Summary

The Old Firehouse presents a rare opportunity to acquire an iconic mixed-use investment property in the heart of Ridgway.?
Originally built in 1907 and extensively redeveloped in 2024, this landmark property blends historic character with modern
construction and infrastructure.? The offering includes a diverse mix of commercial, office, residential, and hospitality
components.? Greenhouse Condo B provides flexible retail, studio, or office space, while Condo C offers stable income
through an established office tenant.? Condo D consists of four deed-restricted residential units with strong workforce housing
demand and future upside potential.? Condo E, the Penthouse, is an unfinished luxury residence featuring a private rooftop
balcony, indoor/outdoor fireplace, and panoramic views of the San Juan and Cimarron Mountains.? Also included is a fully
built-out restaurant and event venue featuring a state-of-the-art commercial kitchen, handcrafted bar, integrated AV systems,
and flexible indoor/outdoor seating.? The space is turnkey and ready for a new hospitality concept.? Located within walking
distance of Ridgway's restaurants, shops, parks, and community amenities, the Old Firehouse benefits from strong regional
demand driven by tourism, recreation, and growth throughout Ridgway, Ouray, Telluride, and the surrounding San Juan
Mountain region.? Combining multiple income streams, redevelopment quality, and a highly visible downtown location, the
Old Firehouse is a one-of-a-kind investment and legacy asset in one of Colorado's most desirable mountain communities.?

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
30,000 SF
Building Class
C
Year Built
2024
Price
$11,500,000
Price Per SF
$383.33
Percent Leased
21%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.72
Lot Size
0.40 AC
Zoning
Commercial
Frontage
142’ on N. Lena

Amenities

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

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • San Juan Blooms, Llc
  • Public Administration
  • -
  • $9.99
  • Jan 0000
  • Vacant Off Market
  • Agriculture, Forestry, Fishing and Hunting
  • -
  • $9.99
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease End
San Juan Blooms, Llc Public Administration - $9.99 Jan 0000
Vacant Off Market Agriculture, Forestry, Fishing and Hunting - $9.99 Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • B
  • 1,615 SF
  • Retail
  • In-Line
  • Now

Now available for lease in Ridgway’s iconic Old Firehouse Building, Condo B – the Greenhouse offers a distinctive commercial environment defined by abundant natural light, panoramic views, and flexible functionality.? This approximately 1,615 square foot space provides an open layout well suited for professional office, studio, creative, wellness, or specialty retail uses.? Expansive windows line the space, creating a bright, airy atmosphere throughout and offering sweeping views of Ridgway and the surrounding mountain landscape.? The greenhouse-style design enhances both visibility and ambiance, making it an ideal setting for client-facing businesses seeking a welcoming and memorable presence.? Located at 185 N.? Lena Street, the Old Firehouse sits in the core of Ridgway’s commercial district with strong in-town access and proximity to restaurants, coffee shops, Town Park, trails, and community amenities.? The property benefits from steady year-round activity and a central location between Ouray and Telluride, adding regional appeal for both customers and employees.? The Old Firehouse is a thoughtfully redeveloped historic building that blends architectural character with modern infrastructure.? Tenants enjoy a professional, well-maintained setting that stands apart from typical commercial offerings in the market.?

Space Size Space Use Position Available
B 1,615 SF Retail In-Line Now

B

Size
1,615 SF
Space Use
Retail
Position
In-Line
Available
Now

B

Size 1,615 SF
Space Use Retail
Position In-Line
Available Now

Now available for lease in Ridgway’s iconic Old Firehouse Building, Condo B – the Greenhouse offers a distinctive commercial environment defined by abundant natural light, panoramic views, and flexible functionality.? This approximately 1,615 square foot space provides an open layout well suited for professional office, studio, creative, wellness, or specialty retail uses.? Expansive windows line the space, creating a bright, airy atmosphere throughout and offering sweeping views of Ridgway and the surrounding mountain landscape.? The greenhouse-style design enhances both visibility and ambiance, making it an ideal setting for client-facing businesses seeking a welcoming and memorable presence.? Located at 185 N.? Lena Street, the Old Firehouse sits in the core of Ridgway’s commercial district with strong in-town access and proximity to restaurants, coffee shops, Town Park, trails, and community amenities.? The property benefits from steady year-round activity and a central location between Ouray and Telluride, adding regional appeal for both customers and employees.? The Old Firehouse is a thoughtfully redeveloped historic building that blends architectural character with modern infrastructure.? Tenants enjoy a professional, well-maintained setting that stands apart from typical commercial offerings in the market.?

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41030661

  • Date on Market: 6/23/2026

  • Last Updated:

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

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