Address
119 W Colorado Avenue, Telluride, CO
Price
$ 4,699,000
Property Attributes
- MLS#43129
- TypeCommercial
- Listing Status Active
- CountySAN MIGUEL
- CityTelluride
- AreaTown of Telluride - 11
- NeighborhoodMain Street
- Zip81435
- StyleCommercial Spaces
- Year Built1973
- Taxes$ 43990
- Price$ 4,699,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms2
- Sqr Footage2858
- Lot Size0.07 Acres
Data Source:
Telluride MLS (TRIDEMLS)
Property Description
A newly conceived commercial offering for retailers, developers, or penthouse end users for a building located in the heart of the 100 block of Colorado Ave., with heavy pedestrian traffic. Although not an approval, a very positive consensus by the HARC board of a schematic proposal was achieved without objection for creating a condominium land subdivision of a lot to the rear of the existing, non-historic structure. The eventual owner would be required to present more refined drawings of a proposed building on the vacant land, and subsequently for approval by HARC along with a replat of the existing underlying lot. The end result is that potentially two owners could individually control in a condominium regime the existing building and the newly created lot for construction of a luxury penthouse condominium. For an owner controlling the entire assemblage, cost savings for development are significant with substantial value added.
| Price History | |
|---|---|
| 1/7/2025 | Listed $5,200,000 |
| 7/20/2025 | 4$4,995,000 |
| 1/5/2026 | 3$4,850,000 |
| 6/15/2026 | 4$4,699,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Electric,Baseboard |
| Construction Materials | Block,Frame |
| Year Built | 1973 |
| Property Subtype | Commercial Spaces |
| Tax Year | 2025 |
| Parcel Number | 1010001730 |
| County | San Miguel County |
| New Construction | No |
| Property Type | Commercial/Industry |
| Subdivision Name | Main Street |
| Full Baths | 1 |
| Status | Active |
| Directions | West Colorado Avenue |
| City | Telluride |
| MLS Area | Town of Telluride - 11 (Major Area 10) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 3125.0 |
| Tax Annual Amount | 43990.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| MLS Area Minor | Town of Telluride - 11 (Major Area 10) |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Senior Community | None |
| Utilities@Core.Permissions | None |
| Water Body Access Y/N | None |
| Accessibility Features Y/N | None |
Interior Features
| Basement | Unfinished |
|---|---|
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Half Baths | 2 |
| Total Baths | 3 |
Exterior Features
| Lot Size Area | 3125.0 |
|---|---|
| Lot Size Acres | 0.07 |
| Crops Included Y/N | No |
| Irrigation Water Rights Y/N | No |
| ExteriorFeatures@Core.Permissions | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 81435
Price
Taxes
Year Built
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