REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 6,350,000
Est. payment /mo
Active
185 N Lena Street #Condo A Ridgway, CO 81432
2 Baths
5,293 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 5,293 sqft
Price per Sqft $1,199
MLS Listing ID 830773
Half Baths 2
Year Built 1907
Tax Year 2025
Property Sub-Type Restaurant
Property Description
The Old Firehouse stands as one of Ridgway's most remarkable commercial properties—an iconic 1907 structure elevated in 2024 with a stunning new addition and high-end commercial construction. The result is a 5,293 SF, turnkey restaurant and event venue that blends historic character with modern performance-level infrastructure. Designed for serious culinary and hospitality operations, the property features a state-of-the-art commercial kitchen, exceptionally planned for efficiency, capacity, and workflow. A handcrafted bar anchors the interior with warmth and craftsmanship, while integrated AV systems support private dining, live music, corporate events, and celebrations. Indoor and outdoor seating areas offer flexibility for everything from intimate service to large groups, making this a versatile space for a variety of concepts. The property is not currently operating, providing a rare blank slate for a visionary owner. Every major component—from mechanicals to finishes—has been thoughtfully executed, eliminating the construction risk, time, and cost typically associated with launching a high-caliber restaurant or event venue. This Grade-A commercial buildout is truly turnkey. Ridgway's year-round recreation, strong local community, proximity to Telluride and Ouray, and steady tourism activity create an exceptional environment for a destination restaurant, event center, brewery, distillery, or hybrid hospitality idea. Few properties in Western Colorado offer this level of history, infrastructure, and design quality. Located in the heart of Ridgway's vibrant town core, 185 N. Lena benefits from high visibility, pedestrian access, and a setting that captures the charm and energy of this mountain community. The combination of historic brickwork, contemporary construction, and standout craftsmanship makes the Old Firehouse a signature asset that cannot be replicated.
Location
State CO
County Ouray
Interior
Heating Forced Air
Cooling Central A/C
Equipment $3 Million in FFE
Furnishings Furnished
Exterior
Parking Features On Street
Utilities Available Electric, Internet, Natural Gas, Sanitary Sewer, Water
Roof Type Metal
Building
Story 1
Foundation Concrete, Stemwall, Stone
Sewer Public Sewer Installed
Water Public
New Construction Yes
Listed by Keller Williams Realty Southwest Associates, LLC - Montrose
NEARBY SCHOOLS & PROPERTIES