109 W Colorado Avenue, Telluride, CO 81435 (MLS# 35785)


$2,450,000
109 W Colorado Avenue
Telluride, CO 81435
MLS# 35785
Status: Closed



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DSC_0224 IMG_1024 IMG_1028 IMG_1030 IMG_1031 IMG_1033 IMG_1036 IMG_1038 IMG_1042 IMG_1043 IMG_1045 Possible Design - Jack Wesson 12-4-14_Pa Possible Design - Jack Wesson 12-4-14_Pa Possible Design - Jack Wesson 12-4-14_Pa Bank 28951600_814731035386369_247310727361817 26904222_782953058564167_693719508887416

Property Description
The Historic Bank of Telluride Building, on Telluride’s Main Street has both historic significance and re-development opportunity. The Bank of Telluride opened its doors in this new building February 22, 1920 and operated at this location until its failure in September of 1929 when bank president C.D. Waggoner executed an elaborate scheme to defraud New York Banks out of a half million dollars to pay the banks local debts and reimburse depositors. Today this gem has tremendous re-development opportunity including restoring the commercial, adding residential, parking, and storage. The front 42’ of the building has an Architectural Façade and Preservation Easement with the Town of Telluride. Call us Today for more information or a tour.

Details
Documents
Listing & Location Info
Major Area: 10
Lot #: 55
Historical Qualifctn: Contributing
Keywords Info
# Of Tenants: 0
Half Baths: 2
General Info
Land SqFt: 3125
Nbr of Acres: 0.07
Zoning: Historic Commercial
Legal: Lot 55, Block 5 Telluride
Est Finished SqFt: 1778
Source SqFt: Assessor
Year Remodeled: 1997
Directions: Historic Bank Building on North side of Colorado Ave between Pine and Fir Streets.
View 1: Ski Area
View 2: Ballard
Subdivision: None
Year Built: 1920
Financing Info
Taxes: 10114
Tax Year: 2017
RETT: 3% Telluride RETT
Assessor's Acct #: R1010003590
Utility Info
Phone Lines: Regular Phone
Primary Heat: Combination
Disclosures
RETT: 1
Construction
Brick: 1
Frame: 1
Substructure
N/A: 1
Exterior Finish
Stone: 1
Wood (Painted): 1
Water
City: 1
Roof
Other: 1
Sanitation
Sewer: 1
Primary Heat
Baseboard: 1
Electric: 1
Forced Air: 1
Gas: 1
Special Location
Main Street: 1
Gas
Natural: 1
Electric
Power Company: 1
Common Utilities
Regular Phone: 1
Listing Location Info
Current Price: $2,450,000
Sub-Type: Commercial Spaces
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 2790000
Street #: 109
Street Direction Pfx: W
Street Name: Colorado
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Status Change Info
Status: Closed
Under Contract Date: 2018-06-04
Sold Date: 2018-11-15
Sold Price: $2,450,000
Property Features
Disclosures: RETT
Construction: Brick; Frame
Substructure: N/A
Exterior Finish: Stone; Wood (Painted)
Roof: Other
Primary Heat: Baseboard; Electric; Forced Air; Gas
Gas: Natural
Electric: Power Company
Common Utilities: Regular Phone
Special Location: Main Street

IDX
Listing Office: Telluride Real Estate Brokers, Inc.
Listing Agent: Scott Bennett

Last Updated: January - 24 - 2026

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