Commercial Commercial Spaces
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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.
Property Details
| Listing ID: | 41627 |
| Type: | Commercial Spaces |
| Deed Restricted: | What is Deed Restricted? A deed restricted property is a home or condo that has restrictions in place that prohibit the general public from purchasing the property. Buyers must qualify with the housing authority demonstrating that they live and work in the area. Certain properties have varying degrees of qualification as to the purchaser and live/work situation. |
| List Price: | $4,698,000 Mortgage Estimate |
| Status: | Active |
| Bathrooms: | 0 Full 2 Half Baths |
| Living Area: | 1,778 SqFt. Source: Assessor |
| Zoning: | Historic Commercial |
| Year Built: | 1920 |
| Remodeled in: | 19972018 |
| City/Town: | Telluride Main Street |
| Views: | Ski Area, Ballard |
| Location: | Area: Town of Telluride - 11 (Major Area 10) |
| Address: | 109 W Colorado Avenue, Telluride 81435 Main Street |
| Heating: | Combination Primary Heat: Baseboard,Electric,Forced Air |
| Water Source: | City |
| Sanitation: | Sewer |
| Exterior: | Stone, Wood (Painted) Construction: Brick, Frame Roof: Other |
| Disclosures: | RETT |
| Hoa Dues: | 0.00/ |
| Transfer Tax: | 3% Telluride RETT |
| Property Tax: | $28,067 Paid in: 2022 |
| Legal: | Lot 55, Block 5 Telluride |
Property listing, remarks and information listed on this page regarding this Commercial Spaces is provided by: Telluride Real Estate Brokers, Inc./Brigitte dePagter Kusuno
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Whether buying or selling a property in Telluride or Mountain Village, Lara Knoerr is a prominent Telluride Broker offering professional services in the area. Lara has a proven track record of results, remarked upon by buyers and sellers alike.Recently Viewed
$4,698,000
