185 South Lena Street

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185 South Lena Street

Ridgway, CO 81432
Asking Price
$11.50M
Asset Type
Restaurant Office
Class
Class B

What's Special

Historic character meets modern investment performance in this mixed-use legacy asset <p><strong>Iconic Downtown Ridgway Asset</strong> – Rare opportunity to acquire a landmark mixed-use property in the heart of Ridgway, Colorado.</p><p><strong>Historic Meets Modern</strong> – Originally built in 1907 and comprehensively redeveloped in 2024, combining historic charm with modern construction, systems, and infrastructure.</p><p><strong>Diverse Income Streams</strong> – Multiple revenue-generating components including retail, office, residential, restaurant, event, and hospitality u

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NOI
$80,000
Cap Rate
0.70%
DSCR
0.12
Underwater
Cash-on-Cash
-17.47%
Monthly Payment
$56,895.725
Annual Cash Flow
$-602,748.705

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