109 W Colorado Avenue, Telluride, CO 81435 (MLS# 37713)


$2,880,000
109 W Colorado Avenue
Telluride, CO 81435
MLS# 37713



109 W Colorado Avenue, Telluride, CO 81435
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109 W Colorado Avenue, Telluride, CO 81435 109 W Colorado Avenue, Telluride, CO 81435 109 W Colorado Avenue, Telluride, CO 81435 109 W Colorado Avenue, Telluride, CO 81435 109 W Colorado Avenue, Telluride, CO 81435 109 W Colorado Avenue, Telluride, CO 81435

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
Current Price: $2,880,000
Sub-Type: Commercial Spaces
Major Area: 10
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 2880000
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
Lot #: 55
Historical Qualifctn: Contributing
Keywords Info
# Of Tenants: 1
Half Baths: 2
General Info
Land SqFt: 3125
Nbr of Acres: 0.07
Subdivision: None
Zoning: Historic Commercial
Legal: Lot 55, Block 5 Telluride
Est Finished SqFt: 1778
Source SqFt: Assessor
Directions: Historic Bank Building on North side of Colorado Ave between Pine and Fir Street.
Year Built: 1920
Year Remodeled: 19972018
View 1: Ski Area
View 2: Ballard
Listing Date: 2019-12-03
Financing Info
Assessor's Acct #: R1010003590
Taxes: 12079
Tax Year: 2019
RETT: 3% Telluride RETT
Status Change Info
Status: Active
Utility Info
Phone Lines: Regular Phone
Primary Heat: Combination
Property Features
Disclosures: RETT
Construction: Brick; Frame
Substructure: N/A
Exterior Finish: Stone; Wood (Painted)
Roof: Other
Sanitation: Sewer
Primary Heat: Baseboard; Electric; Forced Air
Gas: Natural
Electric: Power Company
Special Location: Main Street

Listing Office: TELLURIDE REAL ESTATE BROKERS, INC.

Listing Agent: Brigitte dePagter Kusuno

Last Updated: December - 06 - 2019

109 W Colorado Avenue, Telluride, CO 81435 - MLS# 37713

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Wednesday 5th of August 2020 04:04 AM