Views
Address
115 W Colorado Avenue, Telluride, CO
Price
$ 7,950,000
Property Attributes
  • MLS#43694
  • TypeCommercial
  • Listing Status Active
  • CountySAN MIGUEL
  • CityTelluride
  • AreaTown of Telluride - 11
  • NeighborhoodMain Street
  • Zip81435
  • StyleCommercial Spaces
  • Year Built1978
  • Taxes$ 52154
  • Price$ 7,950,000
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage6630
  • Lot Size0.07 Acres
Data Source:
Telluride MLS (TRIDEMLS)
Property Description

Opportunities like this don't come around often. Located on the sunny side of Telluride's iconic Main Street, 115 W Colorado is a rare chance to own an entire building in the heart of downtown. With commanding views of the ski area and surrounding peaks, the 6,630 square foot property includes two commercial spaces, two 1-bedroom residential units, and a 2-bedroom penthouse with an incredible rooftop deck. Whether reimagined as a legacy family compound, a flagship commercial venture, or a mixed-use income property, the possibilities are as limitless as the views. No historic designation means a smoother path for future improvements. This is about more than square footage - it's about staking your place at the center of one of the most storied mountain towns in the world.

Price History
7/1/2025 Listed $8,750,000
2/18/2026 3$8,495,000
5/21/2026 7$7,950,000

General Features

Sewer Septic Tank
Heating Radiant Floor
Construction Materials Stone
Year Built 1978
Property Subtype Commercial Spaces
Tax Year 2025
Parcel Number R1010000430
County San Miguel County
New Construction No
Property Type Commercial/Industry
Subdivision Name Main Street
Full Baths 5
Status Active
Directions Heading east on Main Street (Colorado Ave),building will be on your left (sunny side) between N Fir and S Pine Street.
City Telluride
MLS Area Town of Telluride - 11 (Major Area 10)
Lot Size Square Feet 3125.0
Tax Annual Amount 52154.0
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 Finished
Basement (Y/N) No
Heating Y/N Yes
Half Baths 2
Total Baths 7

Exterior Features

Lot Size Area 0.07
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
AVG $3.8M
$7.95M
Taxes
AVG $38,160
$52,154
Year Built
AVG 1981
1978
Visits
AVG 50
283
Data Provided by Inside Real Estate®