
Telluride, CO398 W Colorado Avenue
Price$7,000,000
MLS Number 35732
- Commercial
- Bathroom 7
- Square Feet 10,069
- Year Built 1992
A very rare opportunity to purchase a commercial building in downtown Telluride that includes HARC and Town approved full plans by Narcis Tudor to complete a 6,705 s.f. residential penthouse. (Town rules are currently being updated so that future projects will not allow for any penthouses larger than 4,000 s.f.) 2,477 sq ft of decks on the Penthouse. 3,364 sq ft of Commercial space. 1,176 sq ft of covered parking. The permit cost of $376K has been paid for and is included in the price. Located on the corner of Aspen and Colorado, just 1.5 blocks from the Gondola, the building sits on a double lot at the entry to Telluride's business district. Properties to the west of the building are residential and dramatically lower in height. From the future penthouse, views will encompass Ajax Peak
Listed by Rick Fusting of TELLURIDE SOTHEBY'S INTERNATIONAL REALTY