$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
Listing & Location Info
Major Area: 10
Condo Plat: yes
Historical Qualifctn: No
Keywords Info
Studio: No
Flex Room: None
Age: 21 - 40 Years
Deed Restrict: None
Bedrooms: 2
Full Baths: 2
Half Baths: 1
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 Remodeled: 2013
Directions: North side of Colorado Ave. between Spruce & Willow Streets
View 1: Bear Creek, Ski Area
View 2: SW & SE
Year Built: 1982
Financing Info
Taxes: 9921.3
Tax Year: 2018
HOA Dues: 728.69
Payment Per: Month
RETT: 3% Telluride RETT
Assessor's Acct #: R1010000068/R1010000065
HOA Amenities
Dogs Permitted: 1
Ski Storage/Loc: 1
Utility Info
Phone Line: Regular Phone
Primary Heat: In-Floor
TVService: Satellite
Disclosures
Covenants: 1
Leased: 1
RETT: 1
Construction
Frame: 1
Substructure
Slab: 1
Exterior Finish
Wood (Painted): 1
Furnished
Full: 1
Water
Public: 1
Style
Contemporary: 1
Sanitation
Sewer: 1
Covered Parking
1 Car: 1
Open Area Parking
1 Car: 1
Special Location
Main Street: 1
North of Colorado: 1
Gas
Natural: 1
Electric
Power Company: 1
Heat
Gas: 1
Radiant in Floor: 1
Access
City: 1
Paved: 1
Fireplace
1: 1
Artificl Gas Logset: 1
Communications
Regular Phone: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Elec Oven/Range: 1
Freezer: 1
Microwave: 1
Refrigerator: 1
Trash Compactor: 1
Washer: 1
HOA Fee Includes
Contingency Fund: 1
Insurance: 1
Trash: 1
Other: 1
Extras
Air Conditioning: 1
Security System: 1
Steam Shower: 1
Window Coverings: 1
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: January - 24 - 2026
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