119 West Colorado Avenue, Telluride, CO 81435 (MLS# 42271)


$5,200,000
119 West Colorado Avenue
Telluride, CO 81435
MLS# 42271



119 West Colorado Avenue, Telluride, CO 81435
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Property Description
Fully leased commercial building located in the heart of the 100 block of Colorado Avenue. Prime retail frontage with heavy pedestrian traffic, plus two second floor offices on the sunny-side of main street. Although located within the Historic Core, the structure is not historically designated -- a distinct advantage for redevelopment through the entitlement process. Highly respected local architect, Peter Sante, has developed schematic plans that include a penthouse condominium exceeding 4300 square feet.

Details
Documents
Listing & Location Info
Current Price: $5,200,000
Sub-Type: Commercial Spaces
Major Area: 10
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 5200000
Street #: 119
Street Name: West Colorado Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Lot #: 51
Historical Qualifctn: No
Keywords Info
# Of Tenants: 3
Full Baths: 1
Half Baths: 2
General Info
Land SqFt: 3125
Total # of Units: 3
Subdivision: None
Zoning: Commercial
Legal: Lot 51, Block 5, Town of Telluride
Est Finished SqFt: 2858
Source SqFt: Assessor
Directions: West Colorado Avenue
Year Built: 1973
View 1: Main Street
View 2: Telluride Peaks
Financing Info
BBC Comm: 3
BBC Comm Type: %
Assessor's Acct #: R1010001730
Taxes: 45180
Tax Year: 2023
RETT: 3% Telluride RETT
Status Change Info
Status: Active
Utility Info
Phone Lines: DSL
Primary Heat: Elec Base
Property Features
Disclosures: Leased; RETT; Seller is Agent
Level: Street Level; Upper Level
Construction: Concrete Block; Frame
Exterior Finish: Wood (Painted)
Roof: Tar & Gravel/Memb
Primary Heat: Baseboard; Electric
Electric: Power Company
Open Area Parking: 3 Car +
Special Location: Main Street

Listing Office: Telluride Real Estate Corp

Listing Agent: TD Smith

Last Updated: February - 19 - 2024

119 West Colorado Avenue, Telluride, CO 81435 - MLS# 42271
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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