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Commercial Land with HARC Concept
For Sale
$4,699,000

119 W Colorado Avenue, Telluride, CO 81435

Rear parcel is envisioned for condominium subdivision and future building plans subject to HARC review.

Property SizeContact for details
Days on Market45

Property Features for 119 W Colorado Avenue

General Information

Standard status Active
Property subtype Commercial/Industry
Listing Agency: Telluride Properties Main St.
Listed By: TD Smith · License #233500120
Source: Theharveyteam
Added: Jul 16 Changed: Aug 29 Last Checked: Aug 29 at 4:19PM

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 Telluride Properties Main St.

Investment Insights

Based on property information with market context.

The offering includes vacant land behind an existing non-historic structure at 119 W Colorado Avenue in Telluride. The property sits within the 100 block of Colorado Avenue and is positioned within an established pedestrian-oriented commercial setting.

A schematic concept for dividing the underlying lot into a condominium land subdivision received consensus from the HARC board without objection, but the concept is not an approval. Any future owner would need to submit more detailed building plans for HARC review and complete a replat of the existing lot. The proposed configuration could allow separate ownership of the existing building and the newly created rear lot, with the concept calling for construction of a luxury penthouse condominium on the vacant land.

Key Highlights

  • Vacant land located behind an existing non‑historic structure
  • 119 W Colorado Avenue in Telluride, within the 100 block of Colorado Avenue
  • Schematic condominium land‑subdivision concept received HARC consensus without objection

Property Analytics

Current Use

Commercial land

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.

Location Intelligence

Trade Area within ½ mile

1,077
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Apparel 49%
La Cocina Dining
2,693 visits/mo 0.1 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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Rear parcel is envisioned for condominium subdivision and future building plans subject to HARC review.
Where is this commercial land located?
The property is located at 119 W Colorado Avenue Telluride, CO.
What is the asking price?
The asking price for this property is $4,699,000.
What are key features of this property?
This property features: Vacant land located behind an existing non‑historic structure; 119 W Colorado Avenue in Telluride, within the 100 block of Colorado Avenue; Schematic condominium land‑subdivision concept received HARC consensus without objection
More about this property
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