109 W Colorado Ave Telluride, CO 81435

This iconic 1,778 square foot commercial building, located at 109 W Colorado Avenue in Telluride, Colorado, presents a unique investment opportunity. Originally opened in 1920 as the Bank of Telluride, this historic structure boasts a rich and intriguing past. The property sits on a 0.07-acre lot and offers significant redevelopment potential. Detailed, HARC-approved plans are already in place, allowing for a seamless transition into a revitalized space. The approved plans encompass a mix of commercial and residential units, along with valuable parking and storage areas. The building's prominent 42-foot frontage on Main Street is subject to a Preservation Easement with the Town of Telluride, ensuring the preservation of its historical character. This is a rare chance to acquire a piece of Telluride's history and transform it into a thriving modern space. The asking price for this exceptional property is $4,298,000. The approved plans provide a clear path to realizing the full potential of this remarkable building, making it an attractive investment for discerning buyers seeking a blend of history, location, and future development. Detailed plans and specifications are available upon request.