Commercial Commercial Spaces

The Historic Bank of Telluride Building on Main Street offers rich history and prime redevelopment potential. Opened on February 22, 1920, it operated until September 1929, when bank president C.D. Waggoner orchestrated a scheme defrauding New York banks out of half a million dollars to cover local debts and reimburse depositors. This architectural gem presents an incredible opportunity for restoration, including commercial space, residential units, parking, and storage. The front 42 feet feature a Preservation Easement with the Town of Telluride. FULL HARC-approved redevelopment plans are in place. Contact us today for more details or a tour!
Property Details
Listing ID: | 43213 |
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: | $4,298,000 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: | $50,136 Paid in: 2023 |
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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$4,298,000