Historic Bank Redevelopment
For Sale
$3,800,000
109 W Colorado Avenue, Telluride, CO 81435
HARC-approved plans support a mixed-use redevelopment with commercial space, residences, parking, and storage.
Property Size1,778 SF
Price / SF$2,137
Days on Market65
Property Features for 109 W Colorado Avenue
General Information
Standard status
Active
Size
1,778 SF
Property subtype
General Commercial
Building Details
Year Built
1920
Listing Agency:
LIV Sotheby's International Realty- MainSt
(970) 729-0160
Listed By:
LARS CARLSON · License #FA001183735
(970) 729-0160
Source:
Xome
Added: May 29
Changed: Jul 10
Last Checked: Aug 1 at 5:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIV Sotheby's International Realty- MainSt
Investment Insights
Based on property information with market context.
This historic bank building opened in 1920 and is positioned for redevelopment as a mixed-use project. Full HARC-approved plans are in place for commercial space, residential units, along with parking and storage, aligning the building’s next chapter with its existing landmark character.
The property is located on Main Street in Telluride. The front 42 feet are protected by a Preservation Easement with the Town of Telluride, which preserves the historic frontage while allowing redevelopment to move forward under the approved plan set.
For buyers and developers, the combination of a landmark asset and documented approvals can reduce early planning friction for a conversion and modernization effort. The approved scope supports multiple on-site functions, including commercial and residential components, plus dedicated parking and storage as outlined in the HARC approvals. The preservation easement should be considered as part of the redevelopment framework, particularly as it relates to the protected front portion of the building.
The property is located on Main Street in Telluride. The front 42 feet are protected by a Preservation Easement with the Town of Telluride, which preserves the historic frontage while allowing redevelopment to move forward under the approved plan set.
For buyers and developers, the combination of a landmark asset and documented approvals can reduce early planning friction for a conversion and modernization effort. The approved scope supports multiple on-site functions, including commercial and residential components, plus dedicated parking and storage as outlined in the HARC approvals. The preservation easement should be considered as part of the redevelopment framework, particularly as it relates to the protected front portion of the building.
Key Highlights
- Historic Bank of Telluride Building opened in 1920 on Main Street
- HARC‑approved plans for mixed‑use redevelopment: commercial space, residential units, parking, and storage
- Front 42 feet protected by a Preservation Easement with the Town of Telluride
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,078
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Apparel 49%
La Cocina
Dining
2,693 visits/mo
0.3 miles
Christy Sports
Apparel
2,571 visits/mo
0.2 miles
Demographics for 81435, CO
5,499
Population
5,033
Households
1.1
Avg Household Size
40
Median Age
72%
College-Educated
99%
High-School Grad
190.9 sq mi
ZIP Area
29
Density / Sq Mi
$81,777
Median Household Income
$52,482
Median Earnings
$1,137
Median Rent
$706,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - HARC-approved plans support a mixed-use redevelopment with commercial space, residences, parking, and storage.
Where is this bank located?
The property is located at 109 W Colorado Avenue Telluride, CO.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Historic Bank of Telluride Building opened in 1920 on Main Street; HARC‑approved plans for mixed‑use redevelopment: commercial space, residential units, parking, and storage; Front 42 feet protected by a Preservation Easement with the Town of Telluride
