398 W Colorado Avenue

    Telluride, CO 81435
    • $7,000,000
    • STATUS: Active Under Contract
    • ON SITE: 61 days
    • MLS #: 35732
    Under Contract
    UPDATED: 79 min ago
    $7,000,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 4
      BATHS
    • 3
      1/2 BATHS
    • 10,069
      SQFT
    • $695
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1992
    County:

    School Ratings & Info

    Description

    A very rare opportunity to purchase a commercial building in downtown Telluride that includes HARC and Town approved full plans by Narcis Tudor to complete a 6,705 s.f. residential penthouse. (Town rules are currently being updated so that future projects will not allow for any penthouses larger than 4,000 s.f.) 2,477 sq ft of decks on the Penthouse. 3,364 sq ft of Commercial space. 1,176 sq ft of covered parking. The permit cost of $376K has been paid for and is included in the price. Located on the corner of Aspen and Colorado, just 1.5 blocks from the Gondola, the building sits on a double lot at the entry to Telluride's business district. Properties to the west of the building are residential and dramatically lower in height. From the future penthouse, views will encompass Ajax Peak, Ballard Mountain, the Telluride Ski Resort, and the iconic San Miguel County Courthouse. Under Construction and NO one is allowed to enter without notifying Listing Broker.

    Monthly Payment Calculator

    © Copyright 2018 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Telluride Properties. Data last updated: 2018-04-19T23:49:40.133.

    www.searchtelluriderealestate.com/homes/80860565

    398 W Colorado Avenue Telluride, CO 81435

    • Price: $7,000,000
    • Status: Active Under Contract
    • Updated: 79 min ago
    • MLS #: 35732
    0
    Beds
    4
    Baths
    3
    ½ Baths
    0.13
    Acres
    10,069
    SQFT
    $695
    $/SQFT
    1992
    Built
    Neighborhood:
    None
    County:
    San Miguel
    Area:
    Town Of Telluride - 11 (Major Area 10)
    Property Description
    A very rare opportunity to purchase a commercial building in downtown Telluride that includes HARC and Town approved full plans by Narcis Tudor to complete a 6,705 s.f. residential penthouse. (Town rules are currently being updated so that future projects will not allow for any penthouses larger than 4,000 s.f.) 2,477 sq ft of decks on the Penthouse. 3,364 sq ft of Commercial space. 1,176 sq ft of covered parking. The permit cost of $376K has been paid for and is included in the price. Located on the corner of Aspen and Colorado, just 1.5 blocks from the Gondola, the building sits on a double lot at the entry to Telluride's business district. Properties to the west of the building are residential and dramatically lower in height. From the future penthouse, views will encompass Ajax Peak, Ballard Mountain, the Telluride Ski Resort, and the iconic San Miguel County Courthouse. Under Construction and NO one is allowed to enter without notifying Listing Broker.
    Exterior Features

    Construction Frame Covered Parking 7 Or More Cars Exterior Finish Wood (Painted) Land Sq Ft 5875.00 Open Area Parking 3 Car + Parking Design Open Roof Tar & Gravel/Memb Special Location Close To GondolaMain StreetSouth Of Colorado Substructure Finished Basement View Box Canyon BallardSki Area Courthouse

    Interior Features

    Primary Heat GasRadiant in Floor Total Units 3

    Property Features

    Commercial Type Multi-Family Common Utilities Regular Phone Disclosures Flood PlainRett Electric Power Company Gas Natural Historical Qualification No Hoa Dues 0.00 Major Area 10 Possession At Closing REO No RETT 3% Telluride Rett Sanitation Sewer Short Sale No Sq Ft Source Architect Tax Year 2016 Taxes 33314.00 Tenants 0 Under Contract Status Under Contract - Soft Utility Phone Lines Regular Phone Utility Primary Heat In-Floor Water City Year Remodeled 2017.00 Zoning Commercial

    Listing provided courtesy of Rick Fusting of Telluride Sotheby's International Realty.
    © Copyright 2018 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Telluride Properties. Data last updated: 2018-04-19T23:49:40.133.

     
    Telluride Properties
    237 South Oak Street
    Telluride CO, 81435