Commercial Commercial Spaces

Fully leased commercial building located in the heart of the 100 block of Colorado Avenue. Prime retail frontage with heavy pedestrian traffic, plus two second floor offices on the sunny-side of main street. Although located within the Historic Core, the structure is not historically designated -- a distinct advantage for redevelopment through the entitlement process. Highly respected local architect, Peter Sante, has developed schematic plans that include a penthouse condominium exceeding 4300 square feet.

Property Details


Listing ID:42271
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:$5,200,000
Mortgage Estimate
Status:Active
Bathrooms:1 Full
2 Half Baths
Living Area:2,858 SqFt. Source: Assessor
Zoning:Commercial
Year Built:1973
City/Town:Telluride
Main Street
Views:Main Street, Telluride Peaks
Location:Area: Town of Telluride - 11 (Major Area 10)
Address:119 West Colorado Avenue , Telluride 81435
Main Street
Heating:Elec Base
Primary Heat: Baseboard,Electric
Water Source:City
Sanitation:Sewer
Exterior:Wood (Painted)
Construction: Concrete Block, Frame
Roof: Tar & Gravel/Memb
Disclosures:Leased, RETT, Seller is Agent
Hoa Dues:0.00/
Transfer Tax:3% Telluride RETT
Property Tax:$45,180 Paid in: 2023
Legal:Lot 51, Block 5, Town of Telluride
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Property listing, remarks and information listed on this page regarding this Commercial Spaces is provided by: Telluride Real Estate Corp/TD Smith

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