ColoradoTelluride121 W Colorado Avenue

121 W Colorado Avenue
Telluride, CO 81435

$5,600,000
For Sale Price Reduced
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Open House
Size
1
Partial Bath
.07 Acres
Exterior
Financial
$5,600,000
Change Currency
$36,435
Annual taxes
Details
Commercial
Property Type
1970
Year Built
Telluride R-1
School District
42328
Web Id
42328
MLS ID
491
days ago

Description

121 W Colorado Avenue, Telluride, CO 81435

This premier high-traffic development and investment opportunity is located on the sunny side of Colorado Avenue in the heart of downtown Telluride, between Fir and Pine Streets, along one of the most active pedestrian blocks in town. Formerly home to Telluride Outside, the existing non-historic structure may be removed and replaced with a dynamic mixed-use project with a two-year HARC approval in place, including a restaurant with a lower-level speakeasy, a three-bedroom penthouse residence, and a one-bedroom affordable housing unit. The property currently provides strong lease income, offering attractive cash flow while a future development is planned. Seller financing is available. See disclosures in the Addendum and click on documents.
Located at 121 W Colorado Avenue, Telluride, Colorado 81435, this Commercial is for Sale with a price of $5,600,000 USD. The property was built in 1970, and 1 partial baths. This listing encompasses a lot of .07 Acres. See all Homes for Sale in Telluride.
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