Commercial Commercial Spaces

Prime Commercial Property in Downtown. Telluride Exceptional Cap Rate & Redevelopment Potential.Discover an unparalleled investment opportunity in the heart of downtown Telluride. This premier commercial property offers a high cap rate, ensuring strong cash flow and long-term value appreciation. Situated in a spectacular, high-traffic area, it is surrounded by thriving businesses, world-class dining, and the stunning San Juan Mountains.With redevelopment potential, investors can enhance and modernize the space, maximizing opportunities for a residential penthouse, or mixed-use development. The combination of immediate revenue generation and future growth prospects makes this a rare gem in one of Colorado's most sought-after destinations.Don't miss out--contact us today!
Property Details
Listing ID: | 43265 |
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: | $9,980,000 Mortgage Estimate |
Status: | Active |
Bathrooms: | 0 Full 5 Half Baths |
Living Area: | 9,192 SqFt. Source: Assessor |
Zoning: | Commercial |
Year Built: | 1972 |
City/Town: | Telluride Main Street |
Location: | Area: Town of Telluride - 11 (Major Area 10) |
Address: | 228 W COLORADO Avenue, Telluride 81435 Main Street |
Heating: | Elec Base Primary Heat: |
Disclosures: | RETT |
Hoa Dues: | 0.00/ |
Transfer Tax: | 3% Telluride RETT |
Property Tax: | $47,074 Paid in: 2024 |
Legal: | LOT 24R BLK 4 TOT REC NO 450664 PB1 PG4966 OCT 4 2017 LOTS 24 AND W 9 FT OF LOT 26 BLK 4 TELLURIDE |
Property listing, remarks and information listed on this page regarding this Commercial Spaces is provided by: Telluride Real Estate Brokers, Inc./Dirk A DePagter
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$9,980,000