The Keep on Log Hill (Ridgway/ Telluride)


Ridgway, CO   Offered for sale at $1,275,000
 

Introducing "The Keep" Ridgway CO (Telluride) Simply put, there is nothing else like it in the Telluride/Ouray region. Zoned Commercial Multi-Use or Mixed Use or 100% Residential, this substantial 14,500+foot structure is ready for your vision! Just 38 miles to Telluride, as you pass Ralph Lauren's Ranch or 14 minutes to the local Hot Springs resort. The lot is 3.2+ acres with future building potential (country store or garages etc ) The lot borders open space to the North and the Golf Course abuts it to the East. This stellar location includes a breathtaking backdrop of the jagged Cimmarron’s and San Juans and the 14,000 ft Mt Sneffels. The lot also borders/ abuts the Divide Ranch & Clubs Award-winning 18 hole Golf Course (3rd-4th Hole). This parcel was the original corporate residences of the developer and golf clubhouse built in 1983,(formally Fairway Pines), and has been resurrected with many recent improvements: a fitness center /Gym /ADU-rental unit /residence / new flooring / turf /decking/ Bar / flooring / entertainment area and stage /indoor basketball, 2 tennis courts / putt putt / 2 climbing walls and batting cages and golf driving. The extensive improvements include, but not limited to ADA compliance modification in 2012, new roof 2012 , newly engineered septic and conversion to natural gas. The possibilities for highest and best use include but are not limited to...Brewery/Restaurant/Distillery/Medical Marijuana MMJ/, Country Store, General Office, Commercial Lodging, Professional/Medical, basically you can name it! A wedding planner and events/retreat /music live work play layout seems very easy! The prior sprawling indoor salt water pool (2,400 feet) can easily be brought back to life.
3.3 acres 10+ rooms plus ADU



Property Details
  • Potential Inn
  • 10 Guest Rooms
  • 9 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1983
  • Last Renovated in 2018
  • Opened in 2012
  • Building is 14,528 SQFT
  • Lot is 3.3 Acres
  • Photo Gallery
Financial Details
  • Offered for sale at $1,275,000
  • Occupancy Rate: 0
  • Average Daily Rate: 0
  • Annual revenue is $120,000
  • Terms: currently vacant, can airbnb and rent oiut gym also and the ADU
  • Prequalify for Financing
Contact Information