400 Palomino Trail Ridgway CO Real Estate

Unique Multi-Use Property in Ridgway �' Prime Commercial & Residential Opportunity in recently constructed building! Seize this rare opportunity to own one of Ridgway�'s most versatile and intelligently designed properties! This exceptional Residential/Commercial/Multi-Use building is a testament to thoughtful planning, blending contemporary residential features with Western Victorian charm. Whether you're an entrepreneur, investor, or someone seeking a live/work space in the Ridgway, Ouray and Telluride area, this property offers unparalleled flexibility. Maximize Income Potential with Smart Zoning Strategically built within Ridgway�'s General Commercial zoning, this property is currently configured as two distinct residential and commercial units: Lower Level: A commercial space that allows for short-term rentals (up to 29 days) or a variety of business uses, including retail, office space, professional services, breweries, art or antique galleries, or even light manufacturing. Upper Level: A beautifully finished residential unit, ideal for long-term living or short-term vacation rentals (VRBO/Airbnb) under a Ridgway short-term rental license. With this dual-purpose setup, you can generate rental income from both floors or utilize one as a residence while running a business from the other�'a rare find in Ridgway! Designed for Efficiency & Timeless Appeal This custom-built flexible property blends perfectly into the vibrant Ridgway community while offering: High-quality materials & craftsmanship, covered parking & dual entrances for convenience, expansive porches & decks designed for privacy and stunning views, landscaped grounds with mature trees & perennials, state-of-the-art heat pump system for efficient heating, cooling, and air filtration. With an impressive building footprint and room to expand, this property presents a prime opportunity for growth. Add another rental unit, increase commercial capacity, or reconfigure the space to match your unique vision�'all while maintaining ample off-street parking and accessibility. Located at the very eastern edge of Ridgway, just a quick walk to the center of Town, and just minutes from Ouray�'s hot springs and Telluride�'s world-class skiing, this property places you in one of Colorado�'s most sought-after areas for both tourism and year-round living. Whether you dream of running a business, investing in Ridgway�'s thriving market, or creating the ultimate live/work space, this multi-use property offers unmatched potential. Schedule a showing today and start building your future in Ridgway, Telluride, and Ouray!