Commercial Commercial Spaces
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35/35This premier, high-traffic development/investment property is located on the sunny side of Colorado Avenue in the absolute heart of Telluride. Formerly the home to Telluride Outside, this non-historic building can be razed and replaced with a 3 year HARC approved dynamic restaurant with lower level speakeasy, 3 bedroom penthouse, plus one bedroom affordable housing unit. With a wider sidewalk for easy pedestrian flow and an unbeatable central location in Telluride, this is a once in a generation opportunity. The current lease provides excellent cash flow before developing the project. See disclosures in Addendum and click on documents.
Property Location
Destinations & Driving Time
| Destination | Distance | Driving Time |
| Downtown Telluride: | ||
| Telluride Post Office: | ||
| Free Gondola: | ||
| Wilkinson Public Library: | ||
| Town Park: | ||
| Clarks Market: | ||
| Village Market: | ||
| Bear Creek Trailhead: |
| Listing ID: | 42328 |
| Type: | Commercial Spaces |
| List Price: | $5,900,000 Mortgage Estimate |
| Status: | Active |
| Bathrooms: | 0 Full 1 Half Baths |
| Living Area: | 1,088 SqFt. Source: Assessor |
| Year Built: | 1970 |
| City/Town: | Telluride Main Street |
| Views: | Ajax - future roof, Ski area |
| Location: | Area: Town of Telluride - 11 (Major Area 10) |
| Address: | 121 W Colorado Avenue, Telluride 81435 Main Street |
| Heating: | Elec Base Primary Heat: Baseboard |
| Water Source: | City |
| Exterior: | Wood (Painted) Construction: Concrete Block, Frame Roof: Other |
| Hoa Dues: | 0.00/ |
| Transfer Tax: | 3% Telluride RETT |
| Property Tax: | $40,045 Paid in: 2024 |
| Legal: | LOT 49 BLK 5 TELLURIDE |
Listing Office/Agent: Telluride Properties/Steve Cieciuch