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
Legal
LegalLot 55, Block 5 Telluride
PossessionDelivery of Deed
ZoningHistoric Commercial
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.