119 W Colorado Avenue, Telluride

Commercial Commercial Spaces

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A newly conceived commercial offering for retailers, developers, or penthouse end users for a building located in the heart of the 100 block of Colorado Ave., with heavy pedestrian traffic. Although not an approval, a very positive consensus by the HARC board of a schematic proposal was achieved without objection for creating a condominium land subdivision of a lot to the rear of the existing, non-historic structure. The eventual owner would be required to present more refined drawings of a proposed building on the vacant land, and subsequently for approval by HARC along with a replat of the existing underlying lot.

Property Details

Listing ID:	43129
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
Mortgage Estimate Down payment: % Down: Money Down:$1,040,000 Interest Rate: Estimated Monthly Payment $27,936.62
Status:	Under Contract
Bathrooms:	1 Full 2 Half Baths
Living Area:	2,858 SqFt. Source: Assessor
Zoning:	Commercial
Year Built:	1973
City/Town:	Telluride Main Street
Views:	Telluride Ski Resort, Bear Creek
Location:	Area: Town of Telluride - 11 (Major Area 10)
Address:	119 W Colorado Avenue, Telluride 81435 Main Street
Heating:	Elec Base Primary Heat: Baseboard,Electric
Water Source:	City
Sanitation:	Sewer
Disclosures:	Leased, RETT
Hoa Dues:	0.00/
Transfer Tax:	3% Telluride RETT
Property Tax:	$45,180 Paid in: 2023
Legal:	LOT 51 BLK 5 TELLURIDE

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Property listing, remarks and information listed on this page regarding this Commercial Spaces is provided by: Telluride Properties Main St./TD Smith

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