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


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



Front of Bank Building
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Front of Bank Building IMG_9516 IMG_9502 IMG_9503 IMG_9511 IMG_9510 IMG_9509 IMG_9507 IMG_9506 IMG_9505 IMG_9512 IMG_9515 IMG_9514 IMG_9513 Historic bank 2 Historic Bank Pic IMG_0202 IMG_0201 IMG_0204 IMG_0203 Bank Building WagonSwindler IMG_0211 IMG_0210 IMG_0209 IMG_0208 IMG_0207 IMG_0205 IMG_0206

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
Major Area: 10
Lot #: 55
Historical Qualifctn: Contributing
Keywords Info
# Of Tenants: 1
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: 19972018
Directions: Historic Bank Building on North side of Colorado Ave between Pine and Fir Street.
View 1: Ski Area
View 2: Ballard
Subdivision: None
Year Built: 1920
Financing Info
Taxes: 50136
Tax Year: 2023
RETT: 3% Telluride RETT
Assessor's Acct #: R1010003590
Status Change Info
Proposed Close Date: 2025-10-08
Status: Active
Utility Info
Phone Lines: Regular Phone
Primary Heat: Combination
Disclosures
RETT: 1
Construction
Brick: 1
Frame: 1
Substructure
Crawl Space: 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
Special Location
Main Street: 1
Gas
Natural: 1
Electric
Power Company: 1
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
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

IDX
Listing Office: Telluride Real Estate Brokers, Inc.
Listing Agent: Brigitte DePagter Kusuno

Last Updated: August - 15 - 2025

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