115 W Colorado Avenue Avenue, Telluride, CO 81435 (MLS# 44132)


$8,750,000
115 W Colorado Avenue Avenue
Telluride, CO 81435
MLS# 44132
4 beds


Building
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Building 115GlowCrop2 Exterior w/ Lines Main Street w/ Lines Ajax DeckViewCreekWide DeckViewSouth DeckViewMainSt DeckViewHotTubSkiArea Ajax Views SittingView KitchenView Dining Living Area Living Area Penthouse Primary Guest Bedroom Hall Guest Bathroom Commercial Space Commercial Space Commercial Space Commercial Space Unit Living Room Unit Entry Unit Deck

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.

Details
Documents
Listing & Location Info
Major Area: 10
Lot #: 53
Historical Qualifctn: No
Keywords Info
Flex Room: None
Age: 21 - 40 Years
Deed Restrict: None
Bedrooms: 4
Full Baths: 5
General Info
Land SqFt: 3125
Nbr of Acres: 0.07
Zoning: Residential/Commercial
Legal: LOT 53 BLK 5 TELLURIDE
Est Finished SqFt: 6630
Source SqFt: Assessor
Year Remodeled: 1998
Directions: Heading east on Main Street (Colorado Ave), building will be on your left (sunny side) between N Fir and S Pine Street.
View 1: Ajax
View 2: Main Street
Subdivision: None
Year Built: 1978
Financing Info
Taxes: 57594
Tax Year: 2024
RETT: 3% Telluride RETT
Assessor's Acct #: R1010000430
Utility Info
Phone Lines: Regular Phone
Primary Heat: In-Floor
TV Service: Cable
Disclosures
Leased: 1
RETT: 1
Substructure
Finished Basement: 1
Exterior Finish
Stone: 1
Water
Public: 1
Roof
Tar & Gravel/Memb: 1
Open Area Parking
3 Car +: 1
Special Location
Main Street: 1
Gas
Natural: 1
Electric
Power Company: 1
Heat
Radiant in Floor: 1
Access
City: 1
Fireplace
3: 1
Communications
Regular Phone: 1
Appliances
Dryer: 1
Freezer: 1
Gas Oven/Range: 1
Refrigerator: 1
Washer: 1
Listing Location Info
Current Price: $8,750,000
Sub-Type: Mixed Use
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 8750000
Street #: 115
Street Direction Pfx: W
Street Name: Colorado Avenue
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Status Change Info
Status: Active
Property Features
Disclosures: Leased; RETT
Open Area Parking: 3 Car +
Substructure: Finished Basement
Heat: Radiant in Floor
Fireplace: 3
Water: Public
Gas: Natural
Electric: Power Company
Communications: Regular Phone
Roof: Tar & Gravel/Memb
Exterior Finish: Stone
Special Location: Main Street
Appliances: Dryer; Freezer; Gas Oven/Range; Refrigerator; Washer

IDX
Listing Office: Rapaport Real Estate
Listing Agent: Josh Rapaport

Last Updated: December - 19 - 2025

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