A newly conceived commercial offering for retailers, developers, or penthouse end users for a building located in the heart of the 100 block of Colorado Ave., with heavy pedestrian traffic. Although not an approval, a very positive consensus by the HARC board of a schematic proposal was achieved without objection for creating a condominium land subdivision of a lot to the rear of the existing, non-historic structure. The eventual owner would be required to present more refined drawings of a proposed building on the vacant land, and subsequently for approval by HARC along with a replat of the existing underlying lot. The end result is that potentially two owners could individually control in a condominium regime the existing building and the newly created lot for construction of a luxury penthouse condominium. For an owner controlling the entire assemblage, cost savings for development are significant with substantial value added.

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Basic Information

Parcel Number 1010001730

Location

Address119 W Colorado Avenue
AreaTown of Telluride - 11 (Major Area 10)
Building Number119
CountySan Miguel County
Mls Area Minor Town of Telluride - 11 (Major Area 10)
StateCO
StreetW Colorado Avenue
SubdivisionMain Street
TownTelluride
Zip81435

Amenities

Other AmenitiesBasement

Tax Information

Taxes$43,990

Rooms

Bathroom3
Bathrooms Total Decimal 2
Full Bath1
Half Baths2

Building

BasementUnfinished
Building ConstructionBlock, Frame
Year Built1973

Property Information

Lot Size Square Feet 3,125
Square Feet2,858

Legal

ZoningCommercial

Parking

Open Area Parking 3 Car +

Basic Information

List Price$4,699,000
MLS Number43129
Mls Status Active
Modification Date06/16/2026
Property SubTypeCommercial Spaces
Property TypeCommercial/Industry
StatusACT

Utilities

Heat SystemElectric, Baseboard
Heating YN Yes

Water Body

Water AccessCity

Other

Date Listed01/05/2026
Major Change Type Price Reduced
Special Listing Conditions RETT, Leased
View Count508

"Based on information submitted to Telluride AOR as of September 27, 2026 5:48 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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119 W Colorado AvenueTelluride, CO 81435MLS Number 43129

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119 W Colorado AvenueTelluride, CO 81435MLS Number 43129

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