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Mixed-Use Building with Rooftop Deck
For Sale
$7,950,000

115 W Colorado Avenue, Telluride, CO 81435

Includes two commercial spaces, two one-bedroom units, and a two-bedroom penthouse.

Property Size6,630 SF
Price / SF$1,199
Days on Market35

Property Features for 115 W Colorado Avenue

General Information

Standard status Active
Size 6,630 SF
Property subtype Commercial/Industry

Units

Unit Mix 2 x 1BR, 1 x 2BR penthouse
Multifamily Units 3

Additional Details

Road Access Yes

Amenities

rooftop deck

Building Details

Buildings 1
Listing Agency: LIV Sotheby's International Realty - Pine St
Listed By: Josh Rapaport · License #233549901
Source: Theharveyteam
Added: Jul 26 Changed: Aug 29 Last Checked: Aug 29 at 5:20PM

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 - Pine St

Investment Insights

Based on property information with market context.

The 6,630-square-foot mixed-use building at 115 W Colorado Avenue combines commercial and residential components under one roof. The property contains two commercial spaces, two one-bedroom residential units, and a two-bedroom penthouse with a rooftop deck.

Situated on Telluride’s Main Street in the downtown area, the building has views toward the ski area and surrounding peaks. The property does not carry a historic designation, providing a clearly defined status for evaluating future improvements.

Key Highlights

  • 6,630‑square‑foot mixed‑use building on 115 W Colorado Avenue
  • Two commercial spaces included within the building
  • Two 1‑bedroom residential units

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Butcher Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,077
Businesses Nearby

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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes two commercial spaces, two one-bedroom units, and a two-bedroom penthouse.
Where is this mixed-use property located?
The property is located at 115 W Colorado Avenue Telluride, CO.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 6,630‑square‑foot mixed‑use building on 115 W Colorado Avenue; Two commercial spaces included within the building; Two 1‑bedroom residential units
More about this property
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