398 W Colorado AvenueTelluride, CO 81435MLS Number 34398

  • Price: $5,650,000
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Federal 30-year interest rate: 4.03% last updated on May 25, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.13Acreage
  • 4Bathroom
  • 1992Year Built
  • 10069Square Feet

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A very rare opportunity to purchase a commercial building in downtown telluride that includes harc and town approved full plans by narcis tudor to complete a 6, 705 s.F. Residential penthouse. (town rules are currently being updated so that future projects will not allow for any penthouses larger than 4, 000 s.F.) 2, 477 sq ft of decks on the penthouse. 3, 364 sq ft of commercial space. 1, 176 sq ft of covered parking. The permit cost of $376k has been paid for and is included in the price. Located on the corner of aspen and colorado, just 1.5 blocks from the gondola, the building sits on a double lot at the entry to telluride's business district. Properties to the west of the building are residential and dramatically lower in height. From the future penthouse, views will encompass ajax peak

Listed by Rick Fusting of TELLURIDE SOTHEBY'S INTERNATIONAL REALTY

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More Info

Basic Information

  • Bathroom4

Property

  • Acreage0.13
  • List Price$5,650,000
  • MLS Number34398
  • Property TypeMulti-Family Commercial
  • Parking DescriptionDesign Open
  • Property View DescriptionBox Canyon, Ballard, Ski Area, Courthouse
  • Total Units3
  • Open Area Parking3 Car +
  • Year Remodeled2017

Location

  • Address398 W Colorado Avenue
  • SubdivisionNone
  • VillageTown of Telluride - 11 (Major Area 10)
  • TownTelluride
  • CountySan Miguel
  • StateCO
  • Zip81435

Exterior

  • ExteriorWood (Painted)
  • RoofingTar & Gravel/Memb

Other

  • Tax Year2016
  • Virtual TourClick Here
  • Annual Tax$33,314
  • View Count23

Building

  • Square Feet10069
  • Year Built1992
  • Approximate Age25
  • Square Foot SourceArchitect
  • SubstructureFrame

Interior

  • Partial Baths3
  • 1/2 Baths3

Water Body

  • WaterCity
Telluride Real Estate Corp. | Robert Stenhammer
Office: 970-708-7771
567 Mountain Village Blvd
#106 A
Telluride, CO 81435

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