109 Colorado Ave Telluride, CO 81435
Property profile & analytics
109 Colorado Ave Telluride, CO 81435
- Office buildings
- 1,778 SF
- 0.07 lot acres
Property ID
US13-2143810
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 109 Colorado Ave
- Year built
- 1920
- Lot size
- 0.07 lot acres
- Property size
- 1,778 SF
- Zone code
- C3
- Property type
- Office buildings
- APN
- 1010003590
- APU
- 1010003590
Description
This iconic 1,778 square foot commercial building, located at 109 W Colorado Avenue in Telluride, Colorado, presents a unique investment opportunity. Originally opened in 1920 as the Bank of Telluride, this historic structure boasts a rich and intriguing past. The property sits on a 0.07-acre lot and offers significant redevelopment potential. Detailed, HARC-approved plans are already in place, allowing for a seamless transition into a revitalized space. The approved plans encompass a mix of commercial and residential units, along with valuable parking and storage areas. The building's prominent 42-foot frontage on Main Street is subject to a Preservation Easement with the Town of Telluride, ensuring the preservation of its historical character. This is a rare chance to acquire a piece of Telluride's history and transform it into a thriving modern space. The asking price for this exceptional property is $4,298,000. The approved plans provide a clear path to realizing the full potential of this remarkable building, making it an attractive investment for discerning buyers seeking a blend of history, location, and future development. Detailed plans and specifications are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,805,000
- ML approach
- $1,765,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,300,000
Market price range: $347k - $1.30M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Telluride
- County
- San Miguel
- State
- Colorado
- Longitude
- -107.811
- Latitude
- 37.9375
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,973
$767,250
$208,350
$975,600
-
$2,750,000
$746,760
$3,496,760
