123 Colorado Ave Telluride, CO 81435

Property Details for 123 Colorado Ave

Year built

1969

Lot size

0.22 lot acres

Property size

4,067 SF

Property type

Commercial real estate

Description

This exceptional 0.22-acre commercial property at 123 E Colorado Avenue in the heart of historic Telluride, Colorado presents a once-in-a-generation development opportunity. Spanning 9,375 square feet (three combined lots), this property boasts a rare advantage: it is completely free of any historical designations, unlocking maximum development flexibility. Located on the sunny side of Main Street, this site enjoys unparalleled visibility and foot traffic. Its enviable position places it in the immediate vicinity of highly successful and established businesses, including Brown Dog Pizza, Butcher and Baker, Rustico Ristorante, La Cocina De Luz, and The National. This prime location ensures high visibility and accessibility for any future development. The 4,067 square foot building offers significant potential for redevelopment or repurposing. The property's size and location make it ideal for a variety of commercial ventures, from restaurants and retail spaces to boutique hotels or mixed-use developments. The absence of historical restrictions significantly reduces development complexities and timelines, making this an exceptionally attractive investment for discerning developers seeking a high-impact project in one of Colorado's most desirable mountain towns. The asking price is $16,500,000. This is a truly unique opportunity to acquire a landmark property in Telluride.

Location Insight

City

Telluride

County

San Miguel County

State

Colorado

Longitude

-107.8102

Latitude

37.93725

Property Visit Statistics

• Visits by month
  3.4k
• Visitors by month
  2.7k
• Avg Time on site
  43 min