$2,327,500
Telluride, CO 81435
MLS# 36496
Status: Closed
2 beds
1 / 20
Property Description
A rare ownership opportunity to own a commercial building in downtown Telluride! Prime location on the sunny side of ''Main Street'' between Spruce & Willow Streets with good foot traffic year-round. Built in 1982, there is a ground level currently leased 1,000 sq. ft. commercial space with one parking space. Above is a well-appointed furnished 1,200 sq. ft. 2-bedroom/2-bath penthouse condo that was completely remodeled in 2013 and has a private entrance and one covered parking space. Other penthouse features: A/C, walnut wood floors, cabinetry, built-in's, Thermador kitchen appliances, stacked stone wall accents, sound system throughout, gas fireplace in living room, in-floor heat with 3 zones, steam shower, and good natural light. Great views of Bear Creek & the ski area.
Details
Documents
Keywords Info
Studio: No
Bedrooms: 2
Flex Room: None
Full Baths: 2
Half Baths: 1
Age: 21 - 40 Years
Deed Restrict: None
General Info
Total # of Units: 2
Complex: Wasatch
Zoning: Historic Commercial
Legal: THE WASATCH II CONDOS UNIT E & LCE PARKING and UNIT F BUILD 1 WASATCH EXCLUSIVE USE OF PARKING SPACE ASSIGNED
Est Finished SqFt: 2200
Source SqFt: Owner
Year Built: 1982
Year Remodeled: 2013
Directions: North side of Colorado Ave. between Spruce & Willow Streets
View 1: Bear Creek, Ski Area
View 2: SW & SE
Financing Info
Assessor's Acct #: R1010000068/R1010000065
Taxes: 9921.3
Tax Year: 2018
HOA Dues: 728.69
Payment Per: Month
RETT: 3% Telluride RETT
Utility Info
Phone Line: Regular Phone
Primary Heat: In-Floor
TVService: Satellite
Listing Location Info
Current Price: $2,327,500
Sub-Type: Free Standing
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 2650000
Street #: 217
Street Direction Pfx: E
Street Name: Colorado
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Status Change Info
Status: Closed
Under Contract Date: 2019-03-29
Sold Date: 2019-05-14
Sold Price: $2,327,500
Property Features
Disclosures: Covenants; Leased; RETT
Furnished: Full
Style: Contemporary
Construction: Frame
Covered Parking: 1 Car
Open Area Parking: 1 Car
Substructure: Slab
Heat: Gas; Radiant in Floor
Fireplace: 1; Artificl Gas Logset
Water: Public
Gas: Natural
Electric: Power Company
Communications: Regular Phone
Exterior Finish: Wood (Painted)
Access: Paved
Special Location: Main Street; North of Colorado
HOA Fee Includes: Contingency Fund; Insurance; Trash; Other
HOA Amenities: Dogs Permitted; Ski Storage/Loc
Appliances: Dishwasher; Disposal; Dryer; Elec Oven/Range; Freezer; Microwave; Refrigerator; Trash Compactor; Washer
Extras: Air Conditioning; Security System; Steam Shower; Window Coverings
Supplements
Ideal for work/live situation or in this high-demand rental market, generate income from the commercial space and/or penthouse. Potential to add a private roof top deck and unlike other historic commercial buildings, tear down and build new.
Room Information
| Room Name | Level | Remarks |
| Living Room | Upper | |
| Other | Upper | Fireplace |
| Kitchen | Upper | |
| Dining Room | Upper | |
| Laundry | Upper | |
| Bedroom 1 | Upper | |
| Full Bathroom | Upper | |
| Bedroom 2 | Upper | |
| Mud Room | Lower | |
| Half Bathroom | Lower |
Potential Spiral Stair design for deck 
Listing Office: The Harvey Team
Listing Agent: George R. Harvey
Last Updated: August - 27 - 2024
The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing.
