121 W Colorado Avenue Telluride, CO 81435
High-traffic location with development potential and existing lease income.
Type:General Commercial
Property size:
1,088 SFPrice / SF:
$5,147/SF- Added:
- Mar 5, 2024
- Days on Market:
- 780
- Last Refresh:
- Apr 1 at 9:17 pm
Property Features for 121 W Colorado Avenue
General Information
- Standard status
- Active
- Size
- 1,088 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1970
Listing agent Telluride Properties
Listing office (970) 728-0808
Listing date Mar 5, 2024
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Telluride Properties
Overview
Downtown Telluride Mixed-Use Development Opportunity
Located on Colorado Avenue in downtown Telluride, this property presents a development and investment opportunity. Situated between Fir and Pine Streets, it benefits from high pedestrian traffic. The existing structure, formerly home to Telluride Outside, is considered non-historic and may be removed to make way for a mixed-use project. A two-year HARC approval is in place for a development that includes a restaurant with a lower-level speakeasy, a three-bedroom penthouse residence, and a one-bedroom affordable housing unit. The property currently generates lease income, providing cash flow while a future development is planned. The property size is 1088 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Telluride
- County
- San Miguel
- State
- Colorado
- Longitude
- -107.811198
- Latitude
- 37.9375589
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - High-traffic location with development potential and existing lease income.
Where is this mixed-use property located?
The property is located at 121 W Colorado Avenue Telluride, CO.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Prime location on high‑traffic Colorado Avenue in downtown Telluride.; Approved for a dynamic mixed‑use development project.; Includes plans for a restaurant with a speakeasy, a penthouse residence, and an affordable housing unit.
