394 Colorado A B C & D Ave Telluride, CO 81435
This exceptional mixed-use property in the heart of Telluride, Colorado, presents a unique investment opportunity. The Meribel Building boasts 5,518 square feet across three residential units and a commercial/retail space, all situated on a 0.07-acre lot on the desirable west side of Main Street. Its prime location offers unparalleled access to the gondola, ski lifts, and the vibrant downtown area. The building features a luxurious four-bedroom penthouse with 3.5 bathrooms, abundant natural light, an open floor plan encompassing the living, dining, and kitchen areas, a gas fireplace, and two private decks. In addition to the penthouse, the property includes a two-bedroom condominium and a one-bedroom unit ideal for local rentals. The 554 square foot commercial/retail space provides additional income potential. Five covered parking spaces are included, adding significant convenience for residents and tenants. This contemporary building offers comfort and convenience in a breathtaking mountain setting, making it an ideal investment for discerning buyers seeking a blend of luxury living and lucrative commercial potential in the prestigious Telluride market. The property's exceptional location and versatile layout provide a rare opportunity to own a piece of Telluride's vibrant and sought-after real estate landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.