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Premier Development Parcel in Telluride
For Sale
$16,500,000

123 Colorado Avenue, Telluride, CO 81435

Rare development opportunity in the heart of Telluride.

Property Size4,067 SF
Lot Size0.21 Acres
Price / SF$4,057
Days on Market2937

Property Features for 123 Colorado Avenue

General Information

Standard status Active
Size 4,067 SF
Lot size 0.21 Acres
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $30,841

Amenities

3
Historic >
4 Parking Spaces.
Main Street.

Building Details

Year Built 1969
Listing Agency: Telluride Real Estate Brokers, Inc.
Listed By: SCOTT BENNETT · License #FA40019538
Source: Xome
Added: Aug 21, 2018 Changed: Sep 2 Last Checked: Sep 4 at 2:06AM

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 Real Estate Brokers, Inc.

Investment Insights

Based on property information with market context.

This is a premier development parcel in Telluride, offered for sale for the first time in decades. The property consists of three separate lots, combined to create a 9375 square foot parcel. The location is on the sunnyside of Main Street, in the heart of historic Telluride. The property is situated on the same block as Brown Dog Pizza, Butcher and Baker, Rustico Ristorante, La Cocina De Luz, The National, and other local institutions. The parcel has a rare absence of any historic rating, maximizing development possibilities. The property size is 4067 square feet.

Key Highlights

  • Premier development parcel in Telluride's heart.
  • Rare absence of historic rating, maximizing development possibilities.
  • Large combined lot size: 9375 square feet.

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

1,026
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Rare development opportunity in the heart of Telluride.
Where is this commercial land located?
The property is located at 123 Colorado Avenue Telluride, CO.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: Premier development parcel in Telluride's heart.; Rare absence of historic rating, maximizing development possibilities.; Large combined lot size: **9375 square feet.**
More about this property
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