Prime Commercial Property in Downtown. Telluride Exceptional Cap Rate & Redevelopment Potential.Discover an unparalleled investment opportunity in the heart of downtown Telluride. This premier commercial property offers a high cap rate, ensuring strong cash flow and long-term value appreciation. Situated in a spectacular, high-traffic area, it is surrounded by thriving businesses, world-class dining, and the stunning San Juan Mountains.With redevelopment potential, investors can enhance and modernize the space, maximizing opportunities for a residential penthouse, or mixed-use development. The combination of immediate revenue generation and future growth prospects makes this a rare gem in one of Colorado's most sought-after destinations.Don't miss out--contact us today!
Listed by Dirk A DePagter of Telluride Real Estate Brokers,Inc.
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More Info
Parking
Parking4 Car
Building
Half Baths5
Year Built1972
Property
Lot24R
Utilities
Utility Info Phone LinesRegular Phone
Utility Info Primary HeatElec Base
Legal
LegalLOT 24R BLK 4 TOT REC NO 450664 PB1 PG4966 OCT 4 2017 LOTS 24 AND W 9 FT OF LOT 26 BLK 4 TELLURIDE
PossessionDelivery of Deed
ZoningCommercial
Basic Information
Bathroom5
Date Listed02/20/2025
DisclosuresRETT
List Price$9,980,000
MLS Number43265
Property TypeCommercial
Source Sq FtAssessor
Square Feet9,192
StatusACT
Tax Year2024
Taxes$47,074
TypeCommercial Spaces
Location
AreaTown of Telluride - 11 (Major Area 10)
CountySan Miguel County
DirectionsOn the South side of Colorado Ave between Oak and Fir, building that occupies Hook etc.
