238 East Colorado Avenue Telluride, CO 81435

Building Details

Year Built

1994

Listing agency Telluride Real Estate Brokers Show Phone

Listed by Brigitte Depagter Kusuno · License #CO FA40037993

Source Crexi

Added: Jun 17 Updated: Jul 21 at 12:12AM Checked: Jul 21 at 12:12AM

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Investment Insights

Based on property information with market context.

238 East Colorado Avenue is a mixed-use commercial building located in Telluride’s Historic Commercial District, with all commercial condominium units included in the offering. The ground-floor retail spaces, patio area, basement commercial space, and the entire second floor are part of the package. The third-floor residential condominium is separately owned and not included.

The property is positioned for strong street-oriented retail visibility, with frontage on Colorado Avenue and Willow Street. A seller lease back of approximately 2,700 square feet at a competitive market rate is referenced as being subject to the transaction.

With the building’s existing condominium configuration spanning multiple levels, the property is presented as having redevelopment flexibility, including options for reconfiguring ground-floor storefronts, modernizing office suites on the second floor, and considering residential conversion of portions of the second floor subject to Town approvals and zoning requirements. Parking allocations and existing infrastructure are noted as providing a foundation for redevelopment planning.

Key Highlights

• Built in 1994, offering mixed‑use commercial space on Main Street in Telluride’s Historic Commercial District
• 238 E. Colorado Avenue includes ground‑floor retail spaces, patio area, basement commercial space, and the entire second‑floor condominium inventory
• Premier Colorado Avenue frontage plus Willow Street frontage, offering flexibility for retail storefronts and other redevelopment concepts

Property Analytics

Location Intelligence

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FAQs

What type of property is this?

Retail space - Mixed-use commercial property with ground-floor retail, basement space, and a second-floor condominium inventory on Main Street.

Where is this retail space located?

The property is located at 238 East Colorado Avenue Telluride, CO.

What is the asking price?

The asking price for this property is $11,481,000.

What are key features of this property?

This property features: Built in 1994, offering mixed‑use commercial space on Main Street in Telluride’s Historic Commercial District; 238 E. Colorado Avenue includes ground‑floor retail spaces, patio area, basement commercial space, and the entire second‑floor condominium inventory; Premier Colorado Avenue frontage plus Willow Street frontage, offering flexibility for retail storefronts and other redevelopment concepts