109 W Colorado AvenueTelluride, CO 81435MLS Number 42676

  • Price: $4,698,000
  • 75 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
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109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435109 W Colorado Avenue Telluride CO 81435
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  • 0.07Acreage
  • 2Bathrooms
  • 1920Year Built
  • 1,778Square Feet

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The Historic Bank of Telluride Building, on Telluride's Main Street has both historic significance and re-development opportunity. The Bank of Telluride opened its doors in this new building February 22, 1920 and operated at this location until its failure in September of 1929 when bank president C.D. Waggoner executed an elaborate scheme to defraud New York Banks out of a half million dollars to pay the banks local debts and reimburse depositors. Today this gem has tremendous re-development opportunity including restoring the commercial, adding residential, parking, and storage. The front 42' of the building has an Architectural Facade and Preservation Easement with the Town of Telluride. FULL HARC approved plans for redevelopment. Call us Today for more information or a tour.
Listed by Brigitte DePagter Kusuno of Telluride Real Estate Brokers,Inc.

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More Info

Parking

  • ParkingOn Street

Building

  • Building ConstructionBrick, Frame
  • Half Baths2
  • SubstructureN/A
  • Year Built1920

Property

  • Lot55
  • Property View DescriptionSki Area, Ballard
  • Year Remodeled19972018

Utilities

  • ElectricPower Company
  • GasNatural
  • Primary HeatBaseboard, Electric, Forced Air
  • SanitationSewer
  • Utility Info Phone LinesRegular Phone
  • Utility Info Primary HeatCombination
  • WaterCity

Basic Information

  • Bathroom2
  • Date Listed06/25/2024
  • DisclosuresRETT
  • List Price$4,698,000
  • MLS Number42676
  • Property TypeCommercial
  • Source Sq FtAssessor
  • Square Feet1,778
  • StatusACT
  • Tax Year2023
  • Taxes$46,972
  • TypeCommercial Spaces

Location

  • AreaTown of Telluride - 11 (Major Area 10)
  • CountySan Miguel County
  • DirectionsHistoric Bank Building on North side of Colorado Ave between Pine and Fir Street.
  • MLS Area MinorTown of Telluride
  • Major Area10
  • Special LocationMain Street
  • TownTelluride

Exterior

  • Exterior FinishStone, Wood (Painted)
  • RoofOther

Property Information

  • Land Sq Ft3125

Other

  • Historical QualifctnContributing
  • View Count48

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