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    394 Colorado A B C & D Ave Telluride, CO 81435

    For Sale
    $13,000,000

    Seven-bedroom, mountain-view condo building.

    Property size:
    5,518 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property in the heart of Telluride, Colorado, presents a unique investment opportunity. The Meribel Building boasts 5,518 square feet across three residential units and a commercial/retail space, all situated on a 0.07-acre lot on the desirable west side of Main Street. Its prime location offers unparalleled access to the gondola, ski lifts, and the vibrant downtown area. The building features a luxurious four-bedroom penthouse with 3.5 bathrooms, abundant natural light, an open floor plan encompassing the living, dining, and kitchen areas, a gas fireplace, and two private decks. In addition to the penthouse, the property includes a two-bedroom condominium and a one-bedroom unit ideal for local rentals. The 554 square foot commercial/retail space provides additional income potential. Five covered parking spaces are included, adding significant convenience for residents and tenants. This contemporary building offers comfort and convenience in a breathtaking mountain setting, making it an ideal investment for discerning buyers seeking a blend of luxury living and lucrative commercial potential in the prestigious Telluride market. The property's exceptional location and versatile layout provide a rare opportunity to own a piece of Telluride's vibrant and sought-after real estate landscape.

    Property Features for 394 Colorado A B C & D Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,518 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    2012
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Telluride
    County
    San Miguel CO
    State
    Colorado
    Longitude
    -107.8136
    Latitude
    37.93766

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    FAQs

    What type of property is this?
    Mixed-use property - Seven-bedroom, mountain-view condo building.
    Where is this mixed-use property located?
    The property is located at 394 Colorado A B C & D Ave Telluride, CO.
    What is the asking price?
    The asking price for this property is $13,000,000.
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    394 Colorado A B C & D Ave Telluride, CO 81435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    394 Colorado A B C & D Ave Telluride, CO 81435
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