228 W COLORADO Avenue, Telluride, CO 81435 (MLS# 43265)


$9,980,000
228 W COLORADO Avenue
Telluride, CO 81435
MLS# 43265



228 W COLORADO Avenue, Telluride, CO 81435
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Property Description
Prime Commercial Property in Downtown. Telluride Exceptional Cap Rate & Redevelopment Potential. Discover an unparalleled investment opportunity in the heart of downtown Telluride. This premier commercial property offers a high cap rate, ensuring strong cash flow and long-term value appreciation. Situated in a spectacular, high-traffic area, it is surrounded by thriving businesses, world-class dining, and the stunning San Juan Mountains. With redevelopment potential, investors can enhance and modernize the space, maximizing opportunities for a residential penthouse, or mixed-use development. The combination of immediate revenue generation and future growth prospects makes this a rare gem in one of Colorado's most sought-after destinations. Don't miss out—contact us today!

Details
Listing Location Info
Current Price: $9,980,000
Sub-Type: Commercial Spaces
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 9980000
Street #: 228
Street Direction Pfx: W
Street Name: COLORADO
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Keywords Info
# Of Tenants: 10
Half Baths: 5
General Info
Land SqFt: 4250
Nbr of Acres: 0.1
Subdivision: None
Zoning: Commercial
Legal: LOT 24R BLK 4 TOT REC NO 450664 PB1 PG4966 OCT 4 2017 LOTS 24 AND W 9 FT OF LOT 26 BLK 4 TELLURIDE
Est Finished SqFt: 9192
Source SqFt: Assessor
Directions: On the South side of Colorado Ave between Oak and Fir, building that occupies Hook etc.
Year Built: 1972
Financing Info
Assessor's Acct #: R1010004413
Taxes: 47074
Tax Year: 2024
RETT: 3% Telluride RETT
Status Change Info
Status: Active
Utility Info
Phone Lines: Regular Phone
Primary Heat: Elec Base
Property Features
Disclosures: RETT
Special Location: Main Street

Listing Office: Telluride Real Estate Brokers, Inc.

Listing Agent: Dirk DePagter

Last Updated: February - 20 - 2025

228 W COLORADO Avenue, Telluride, CO 81435 - MLS# 43265

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