398 Colorado Avenue $5,650,000

Telluride, Colorado | Multi-Family

A very rare opportunity to purchase a commercial building in downtown Telluride that includes HARC and Town approved full plans by Narcis Tudor to complete a 6,705 s.f. residential penthouse. (Town rules are currently being updated so that future projects will not allow for any penthouses larger than 4,000 s.f.) 2,477 sq ft of decks on the Penthouse. 3,364 sq ft of Commercial space. 1,176 sq ft of covered parking. The permit been pulled and construction can begin in the spring of 2017. Located on the corner of Aspen and Colorado, just 1.5 blocks from the Gondola, the building sits on a double lot at the entry to Telluride's business district. Properties to the west of the building are residential and dramatically lower in height. From the future penthouse, views will encompass Ajax Peak,

Schedule a Showing
  • 0.13 acres
  • 5.5 baths
  • 10,069 sqft
  • 3 units
Rick Fusting | Telluride Sotheby's International Reality

Contact Rick Fusting about this listing.

(970) 708-5500

Send us a note and someone will get back to you ASAP!
 

398 COLORADO Avenue

Get Directions
398 COLORADO Avenue
Telluride, Colorado
Get Directions
Listing Details
List Number Main34398
Property TypeE
Timestamp2017-03-15T16:00:21
TypeMulti-Family
StatusActive
Street #398
Street Direction PfxW
Street NameCOLORADO
Street SuffixAvenue
City/TownTelluride
State/ProvinceColorado
CountySan Miguel County
Postal Code81435
Est Finished SqFt10069.00
Land SqFt5875.00
Year Built1992
RETT3% Telluride RETT
Nbr of Acres0.13
Total # of Units3
Full Baths4
Half Baths3
ParkingDesign Open
ZoningCommercial
Taxes33314.00
Tax Year2016
SubdivisionNone
LegalLOT 1A BLK 2 WEST TELLURIDE ACC TO REPLAT OF LOTS 2A 2C BLK 2 TOT AND LOTS 21 22 BLK 2 WT PLAT BK 1 PG 1309 6 2 92 AND A
DirectionsThe first Main Street Commercial Building on the right. Block and a half to the Gondola
Historical QualifctnNo
AreaTown of Telluride - 11 (Major Area 10)
# Of Tenants0
Source SqFtArchitect
View 1Box Canyon, Ballard
View 2Ski Area, Courthouse
Year Remodeled2017.00
HOA Dues0.00
Utility Info: Phone LinesRegular Phone
Utility Info: Primary HeatIn-Floor
Common UtilitiesRegular Phone
ConstructionFrame
Covered Parking7 or More Cars
DisclosuresFlood Plain, RETT
ElectricPower Company
Exterior FinishWood (Painted)
GasNatural
Open Area Parking3 Car +
Primary HeatGas, Radiant in Floor
RoofTar & Gravel/Memb
SanitationSewer
Special LocationClose to Gondola, Main Street, South of Colorado
SubstructureFinished Basement
WaterCity
Telluride Sotheby's International-realty


Talk directly to a Broker!

(970) 728-1404


View our Property Guide