109 W Colorado Avenue, Telluride, CO 81435 (MLS# 43213)


$4,298,000
109 W Colorado Avenue
Telluride, CO 81435
MLS# 43213



109 W Colorado Avenue, Telluride, CO 81435
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Property Description
The Historic Bank of Telluride Building on Main Street offers rich history and prime redevelopment potential. Opened on February 22, 1920, it operated until September 1929, when bank president C.D. Waggoner orchestrated a scheme defrauding New York banks out of half a million dollars to cover local debts and reimburse depositors. This architectural gem presents an incredible opportunity for restoration, including commercial space, residential units, parking, and storage. The front 42 feet feature a Preservation Easement with the Town of Telluride. FULL HARC-approved redevelopment plans are in place. Contact us today for more details or a tour!

Details
Listing Location Info
Current Price: $4,298,000
Sub-Type: Commercial Spaces
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 4298000
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
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
Financing Info
Assessor's Acct #: R1010003590
Taxes: 50136
Tax Year: 2023
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: Crawl Space
Exterior Finish: Stone; Wood (Painted)
Roof: Other
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: January - 29 - 2025

109 W Colorado Avenue, Telluride, CO 81435 - MLS# 43213

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