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$8,750,000
81 Days On Site

185 N Lena Street
Ridgway, CO 81432

For Sale|Mixed Use|Active
0
Beds
7.5
Total Baths
6
Full Baths
3
Partial Baths
13,415
SqFt
$652
/SqFt
2024
Built
County:
Ouray
Listing courtesy of Colleen Aller of Keller Williams Realty Southwest Associates, LLC - Montrose
Call Now: 970-444-2570
Is this the listing for you? We can help make it yours.
970-444-2570
185 N Lena Street185 N Lena Street185 N Lena Street185 N Lena Street
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Monthly Payment (Est.)

$39,921
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$8,750,000
Days On Site 
81 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,415 sqft
Total Baths 
7.5
Full Baths 
6
Partial Baths 
3
Lot Size 
N/A
Year Built 
2024
MLS® Number 
836359
Status 
Active
Property Tax 
$10,857
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $8,750,000
3 months agoListing first seen on site
General Features
Parking 
On Street
Property Sub Type 
Mixed Use
SqFt Total 
13415
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Mixed Use
Interior Features
Cooling 
Central Air
Heating 
Electric
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Community Features
MLS Area 
Ridgway
Listing courtesy of Colleen Aller of Keller Williams Realty Southwest Associates, LLC - Montrose



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Last checked: 2026-09-11 04:15 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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445 San Juan St
Pagosa Springs, CO 81147
970-444-2570