$4,699,000

119 W Colorado Avenue, Telluride CO, 81435

Price per sqft$1,644.16

Built in1973

Property size2,858 sqft

Property typeCommercial

Overview

Active

Listed Jan 5, 2026

Updated 7 days ago

A newly conceived commercial offering for retailers, developers, or penthouse end users for a building located in the heart of the 100 block of Colorado Ave., with heavy pedestrian traffic. Although not an approval, a very positive consensus by the HARC board of a schematic proposal was achieved without objection for creating a condominium land subdivision of a lot to the rear of the existing, non-historic structure. The eventual owner would be required to present more refined drawings of a proposed building on the vacant land, and subsequently for approval by HARC along with a replat of the existing underlying lot. The end result is that potentially two owners could individually control in a condominium regime the existing building and the newly created lot for construction of a luxury penthouse condominium. For an owner controlling the entire assemblage, cost savings for development are significant with substantial value added.

Additional information

MLS^® ID: 43129

Interior Features

Bathrooms: 3
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.07 Acres

Other Property Details

Taxes: $43,990
Tax Frequency: Annually
View: Yes

Courtesy of Telluride Properties Main St., TD Smith,
Listing Contact:

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The data was last updated on 9/10/2026 1:28 PM UTC