For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

123 Colorado Ave Telluride, CO 81435

For Sale
$16,500,000

Prime Telluride location, exceptional development potential.

Property size:
4,067 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional 0.22-acre commercial property at 123 E Colorado Avenue in the heart of historic Telluride, Colorado presents a once-in-a-generation development opportunity. Spanning 9,375 square feet (three combined lots), this property boasts a rare advantage: it is completely free of any historical designations, unlocking maximum development flexibility. Located on the sunny side of Main Street, this site enjoys unparalleled visibility and foot traffic. Its enviable position places it in the immediate vicinity of highly successful and established businesses, including Brown Dog Pizza, Butcher and Baker, Rustico Ristorante, La Cocina De Luz, and The National. This prime location ensures high visibility and accessibility for any future development. The 4,067 square foot building offers significant potential for redevelopment or repurposing. The property's size and location make it ideal for a variety of commercial ventures, from restaurants and retail spaces to boutique hotels or mixed-use developments. The absence of historical restrictions significantly reduces development complexities and timelines, making this an exceptionally attractive investment for discerning developers seeking a high-impact project in one of Colorado's most desirable mountain towns. The asking price is $16,500,000. This is a truly unique opportunity to acquire a landmark property in Telluride.

Property Features for 123 Colorado Ave

General Information

Property type
Other commercial real estate
Square Feet
4,067 SF
Lot Size
9,583 SF

Building Details

Year Built
1969

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Auto Parts Store Storage Facility Electrical Service Car Rental Computer & Electronic Repair Veterinary Clinic Cosmetics Store Arcade & Gaming Center Coworking Space Wholesale Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Telluride
County
San Miguel County
State
Colorado
Longitude
-107.8102
Latitude
37.93725

FAQs

What type of property is this?
Commercial real estate - Prime Telluride location, exceptional development potential.
Where is this commercial real estate located?
The property is located at 123 Colorado Ave Telluride, CO.
What is the asking price?
The asking price for this property is $16,500,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message