121 W Colorado AvenueTelluride, CO 81435MLS Number 42328

  • Price: $5,600,000
  • 846 Days on Market
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121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435121 W Colorado Avenue Telluride CO 81435
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  • 0.07Acreage
  • 1Bathrooms
  • 1970Year Built
  • 1,088Square Feet

Driving Directions

This premier high-traffic development and investment opportunity is located on the sunny side of Colorado Avenue in the heart of downtown Telluride, between Fir and Pine Streets, along one of the most active pedestrian blocks in town. Formerly home to Telluride Outside, the existing non-historic structure may be removed and replaced with a dynamic mixed-use project with a two-year HARC approval in place, including a restaurant with a lower-level speakeasy, a three-bedroom penthouse residence, and a one-bedroom affordable housing unit. The property currently provides strong lease income, offering attractive cash flow while a future development is planned. Seller financing is available. See disclosures in the Addendum and click on documents.
Listed by Steve Cieciuch of Telluride Properties

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More Info

Parking

  • Open Area Parking3 Car +
  • Parking4 Car

Building

  • Building ConstructionConcrete Block, Frame
  • Extra RoomsBath(s)
  • Half Baths1
  • SubstructureCrawl Space
  • Year Built1970

Property

  • Lot49
  • Property View DescriptionAjax - future roof, Ski area

Property Information

  • Land Sq Ft3125

Other

  • Expire Date10/16/2026
  • View Count433

Basic Information

  • Bathroom1
  • Date Listed03/06/2024
  • DisclosuresOther See Addendum, RETT
  • List Price$5,600,000
  • MLS Number42328
  • Property TypeCommercial
  • Source Sq FtAssessor
  • Square Feet1,088
  • StatusACT
  • Tax Year2025
  • Taxes$36,435
  • TypeCommercial Spaces

Legal

  • LegalLOT 49 BLK 5 TELLURIDE
  • PossessionUpon Closing
  • ZoningCommercial

Location

  • AreaTown of Telluride - 11 (Major Area 10)
  • CountySan Miguel County
  • DirectionsNorth side of Colorado Ave between Fir and Pine. Former Telluride Outside location.
  • MLS Area MinorTown of Telluride
  • Major Area10
  • Special LocationMain Street
  • TownTelluride

Exterior

  • Exterior FinishWood (Painted)
  • RoofOther

Utilities

  • Common UtilitiesRegular Phone
  • ElectricPower Company
  • GasNatural
  • Primary HeatBaseboard
  • SanitationSewer
  • Utility Info Phone LinesRegular Phone
  • Utility Info Primary HeatElec Base
  • WaterCity

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