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    132 Colorado 001 & 002 Telluride, CO 81435

    For Sale
    $2,500,000

    Iconic Telluride bar & music venue, ready for new owner.

    Property size:
    2,640 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional Telluride commercial property, located at 132 & 136 E Colorado 001 & 002, presents a rare opportunity to acquire a piece of local history. Spanning approximately 2,640 square feet, this below-grade space boasts a rich legacy as a renowned music venue, having hosted iconic performances since the 1980s. Previously home to the Fly Me to the Moon Saloon and the acclaimed O'Bannon's Pub (once voted Colorado's best dive bar), the property is ideally situated on Colorado Avenue. The interior features rough rock walls, refreshed with paint in 2017, creating a vibrant atmosphere. A central wood bar serves two distinct areas: a performance space complete with a stage, lighting, soundboard, and a unique, spring-loaded dance floor

    Property Features for 132 Colorado 001 & 002

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,640 SF

    Building Details

    Year Built
    1897
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Telluride
    County
    San Miguel County
    State
    Colorado
    Longitude
    -107.8101
    Latitude
    37.93673

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    FAQs

    What type of property is this?
    Commercial real estate - Iconic Telluride bar & music venue, ready for new owner.
    Where is this commercial real estate located?
    The property is located at 132 Colorado 001 & 002 Telluride, CO.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (970) 239-6335
    Request Owner's contact information
    132 Colorado 001 & 002 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
    132 Colorado 001 & 002 Telluride, CO 81435
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