Active

$1,300,000

590 Palomino Trail, Ridgway, CO 81432

3beds

4,488sqft

$8,166/mo

Get pre-qualified

Stick Built

Built in 2018

0.28 Acres Lot

$1,259,100 Zestimate^®

$290/sqft

$-- HOA

What's special

Heavy-duty steel beam constructionFreeze-proof dry sprinkler system

This F2-zoned mixed-use building with residence just off Highway 550in Ridgway is a smart setup for an owner-operator or investor. You can live upstairs and rent out the two ground-floor commercial units to easily offset your mortgage. The property stands out with impressive metal work inside and out. The exterior features durable metal siding designed for the mountain elements, while the interior commercial space is framed by heavy-duty steel beam construction anchored to an over-thickened concrete slab. The upper level features a spacious 1,404-square-foot, 3-bedroom, 1-bathroom apartment. Incredible views of Mt. Sneffels and the Cimarron Range. Downstairs, the fire safety infrastructure is top tier. It utilizes a freeze-proof dry sprinkler system fed by a 4-inch pipe and thrust block, guaranteeing instant water delivery with zero winter freezing risks. Complete with 14 dedicated parking spots, this property is a highly capable and turnkey setup ready for its next owner.

29 days
396
12

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 2

Primary bedroom

Level: Upper

Dining room

Features: Living Room Dining

Heating

Radiant Floor

Appliances

Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Features

Flooring: Laminate, Stained/Stamped Concrete
Windows: Double Pane Windows

Interior area

Total structure area: 4,488
Total interior livable area: 4,488 sqft

Property

Parking

Total spaces: 2
Parking features: Attached Garage
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Mountain(s), Valley
Frontage length: 75'-100' Frontage

Lot

Size: 0.28 Acres

Details

Additional structures: Metal Building, Shed(s), Shed/Storage
Parcel number: 430516401011
Zoning description: Commercial,Industrial,Residential Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Stick Built

Materials

Metal Frame, Metal Siding
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 2018

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Internet, Natural Gas Connected

Community & HOA

Community

Subdivision: Other

HOA

Has HOA: No

Location

Region: Ridgway
Elevation: 6995

Financial & listing details

Price per square foot: $290/sqft
Tax assessed value: $758,430
Annual tax amount: $7,959
Date on market: 9/4/2026
Electric utility on property: Yes

Estimated market value

$1,259,100

$1.20M - $1.32M

$5,842/mo

Price history

Date	Event	Price
9/4/2026	Listed for sale	$1,300,000+34%$290/sqft
Source: CREN #838811 Report a problem
4/23/2018	Sold	$970,000+1193.3%$216/sqft
Source: Public Record Report a problem
4/30/2012	Sold	$75,000$17/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,410 +0.6%	$116,730 +16.1%
2024	$6,371 +4.8%	$100,580 -14%
2023	$6,076 +8%	$117,000 +31.3%
2022	$5,628 +13.5%	$89,110 -0.6%
2021	$4,961	$89,650 +6%
2020	$4,961 +526.5%	$84,570 +146.1%
2019	$792 +1.5%	$34,360 +160.9%
2018	$780	$13,170
2017	--	$13,170 +17.4%
2016	--	$11,220
2015	--	$11,220 -29%
2012	--	$15,810