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116 S Mary Street, 
Ridgway, CO 81432

$500,000


2

Beds


2

Baths


949

Sq Ft


Single Family

Active

Listed by

Todd Schroedel

United Country Sneffels Realty

970-626-3555

Last updated:

October 23, 2026, 01:13 PM

MLS#

20265231

Source:

CO GJARA

About This Home

116 S Mary Street

Located along Ridgway’s highly visible Sherman Street Corridor—the main route connecting Ridgway to Telluride—this historic 1909 brick property offers an exceptional opportunity for homeowners, investors, entrepreneurs, and professionals seeking a flexible live/work property inone of Southwest Colorado’s most desirable mountain communities. Rich with history and character, this rare structure is one of only a handfulof original brick buildings still standing in Ridgway and combines historic charm, commercial flexibility, and future development potential in a trulyunique setting. Located within Ridgway’s Business Service Corridor zoning district, the property is ideal for a variety of residential, professional,or soft commercial uses including a single-family residence, attorney’s office, medical or wellness practice, psychologist’s office, real estateoffice, art gallery, design studio, counseling center, or other professional workspace. Inside, you’ll find original fir and oak hardwood flooring, exposed interior brick accents, abundant natural light, and inviting spaces full of warmth and authenticity. The main level includes a spacious living area, kitchen, bedroom, and two bathrooms, while the enclosed rear sunroom-style space is surrounded by windows and creates a bright,inspiring environment for living, working, or meeting with clients. The basement provides valuable storage and convenient utility access. The investment potential is especially attractive. The parcel includes three full Town lots plus a portion of the Sherman Street lot, totaling approximately 10,650 square feet and potentially allowing a split into two separate building sites. Retain and renovate the historic structure while building on the second lot, or potentially sell the additional parcel separately for added value. In a market where buildable in-town Ridgway lotsare increasingly scarce, this flexibility creates outstanding long-term opportunity. Sherman Street provides excellent visibility, easy access, andstrong exposure along Ridgway’s primary corridor toward Telluride. Whether you’re seeking a historic Ridgway home, Telluride corridor investment property, professional office, redevelopment project, or live/work opportunity, this remarkable property delivers location, versatility,and character rarely found in today’s market. Historic, spirit-filled, commercially flexible, and priced to sell, this is one of Ridgway’s standout opportunities.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1909

Subdivision & Development:

None

Price Summary

500,000

$526 per Sq. Ft.

MLS #:

20265231

Last Updated:

October 23, 2026, 01:13 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

949 Sq. Ft.


Structure

Structure

Building Area:

949 Sq. Ft.

Year Built:

1909


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$500,000

Price per Sq. Ft:

$526 per Sq. Ft.

Source:CO GJARA
The information being provided by Grand Junction Area REALTOR® Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Grand Junction Area REALTOR® Association All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.