232 W Colorado Avenue, Telluride, CO 81435 (MLS# 43172)


$8,500,000
232 W Colorado Avenue
Telluride, CO 81435
MLS# 43172



Office Lobby
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Office Lobby Exterior 1 IMG_8553 Alley Looking North Alley Looking Northeast Rooftop Dining View Rooftop Bar Rooftop Hot Tub Rooftop Lounge Rooftop to Bear Creek Rooftop Dining Area Courtyard Living Room Dining Area Kitchen & Living Space Kitchen Primary Bedroom Primary Bedroom View Primary Bath Primary Bath 2 Bedroom 2 Bedroom 3 Primary Bedroom Deck Mudroom / Laundry Residential Entry OfficeRev OfficeAngleDesk FrontDeskFire DeskStairs Office Reception Office 1 Office 2 Office 3 Office Wetbar Commercial Stair Office 4 Office Print Room Reception Sitting Area Office Kitchenette Reception Sitting Area 2 Office Phone Booth Lower Level Office Conference Room Office 5

Property Description
Superb redevelopment opportunity with approved Tommy Hein plans, including a building permit. The penthouse with nearly 360-degree views was designed for 3 bedrooms, 3.5 bathrooms with rooftop dining, hot tub, bar and extensive outdoor living areas. The commercial space will offer 10 offices, 3 bathrooms and a conference room with excellent, existing full-time tenant. Full set of architectural drawings available upon request.

Details
Documents
Listing & Location Info
Major Area: 10
Keywords Info
# Of Tenants: 1
Full Baths: 4
Half Baths: 3
General Info
Land SqFt: 3125
Zoning: Residential/Commercial
Legal: LOT 22 BLK 4 TELLURIDE
Est Finished SqFt: 5810
Source SqFt: Assessor
Directions: West Colorado Avenue, East of Visitors Center.
Subdivision: Main Street
Year Built: 1973
Financing Info
Taxes: 72576
Tax Year: 2024
RETT: 3% Telluride RETT
Assessor's Acct #: R1010904711
Utility Info
Phone Lines: Regular Phone
Primary Heat: Forced Air
Disclosures
RETT: 1
Level
Below Grade: 1
Street Level: 1
Upper Level: 1
Construction
Frame: 1
Poured Concrete: 1
Steel: 1
Substructure
Finished Basement: 1
Exterior Finish
Metal/Vinyl: 1
Wood (Natural): 1
Wood (Painted): 1
Water
City: 1
Roof
Tar & Gravel/Memb: 1
Sanitation
Sewer: 1
Primary Heat
Forced Air: 1
Gas: 1
Hot Water: 1
Covered Parking
2 - 3 Cars: 1
Open Area Parking
On Street Only: 1
Special Location
Gondola: 1
Main Street: 1
Near Park: 1
Gas
Natural: 1
Electric
Power Company: 1
Common Utilities
Regular Phone: 1
Tenant Chg Incl
Electric: 1
Gas: 1
Insurance: 1
Interior Maintenance: 1
Sewer & Water: 1
Taxes: 1
Trash: 1
Extra Rooms
Bath(s): 1
Kitchenette: 1
Office: 1
Storage: 1
Appliances
Dishwasher: 1
Disposal: 1
Freezer: 1
Microwave: 1
Refrigerator: 1
Listing Location Info
Current Price: $8,500,000
Sub-Type: Mixed Use
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 8500000
Street #: 232
Street Direction Pfx: W
Street Name: Colorado
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Status Change Info
Status: Active
Property Features
Disclosures: RETT
Level: Below Grade; Street Level; Upper Level
Construction: Frame; Poured Concrete; Steel
Substructure: Finished Basement
Exterior Finish: Metal/Vinyl; Wood (Natural); Wood (Painted)
Roof: Tar & Gravel/Memb
Primary Heat: Forced Air; Gas; Hot Water
Gas: Natural
Electric: Power Company
Common Utilities: Regular Phone
Tenant Chg Incl: Electric; Gas; Insurance; Interior Maintenance; Sewer & Water; Taxes; Trash
Extra Rooms: Bath(s); Kitchenette; Office; Storage
Covered Parking: 2 - 3 Cars
Open Area Parking: On Street Only
Appliances: Dishwasher; Disposal; Freezer; Microwave; Refrigerator
Special Location: Gondola; Main Street; Near Park

IDX
Listing Office: Telluride Properties Main St.
Listing Agent: TD Smith

Last Updated: January - 09 - 2026

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