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This premier, high-traffic development/investment property is located on the sunny side of Colorado Avenue in the absolute heart of Telluride. Formerly the home to Telluride Outside, this non-historic building can be razed and replaced with a 3 year HARC approved dynamic restaurant with lower level speakeasy, 3 bedroom penthouse, plus one bedroom affordable housing unit. With a wider sidewalk for easy pedestrian flow and an unbeatable central location in Telluride, this is a once in a generation opportunity. See disclosures in Addendum and click on documents.
Property Details
| Listing ID: | 42328 |
| 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: | $5,900,000 Mortgage Estimate |
| Status: | Active |
| Bathrooms: | 0 Full 1 Half Baths |
| Living Area: | 1,088 SqFt. Source: Assessor |
| Zoning: | Commercial |
| Year Built: | 1970 |
| City/Town: | Telluride Main Street |
| Views: | Ajax - future roof, Ski area |
| Location: | Area: Town of Telluride - 11 (Major Area 10) |
| Address: | 121 W Colorado Avenue, Telluride 81435 Main Street |
| Heating: | Elec Base Primary Heat: Baseboard |
| Water Source: | City |
| Sanitation: | Sewer |
| Exterior: | Wood (Painted) Construction: Concrete Block, Frame Roof: Other |
| Disclosures: | Other See Addendum, RETT |
| Hoa Dues: | 0.00/ |
| Transfer Tax: | 3% Telluride RETT |
| Property Tax: | $0 Paid in: 0 |
| Legal: | LOT 49 BLK 5 TELLURIDE |
Property DetailsBack to Search Results
Property listing, remarks and information listed on this page regarding this Commercial Spaces is provided by: Telluride Properties/Steve Cieciuch
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Commercial Spaces in
$5,900,000
$5,900,000
