Loading...

398 W Colorado Avenue, Telluride, CO 81435 (MLS# 35732)


$7,000,000
398 W Colorado Avenue
Telluride, CO 81435
MLS# 35732



398 W Colorado Avenue, Telluride, CO 81435
  1 / 17  
398 W Colorado Avenue, Telluride, CO 81435 Main St. 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435 398 W Colorado Avenue, Telluride, CO 81435

Property Description
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 cost of $376K has been paid for and is included in the price. 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

Details
Maps
Listing & Location Info
Current Price: $7,000,000
Type: Multi-Family
Major Area: 10
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 7000000
Street #: 398
Street Direction Pfx: W
Street Name: Colorado
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Historical Qualifctn: No
Keywords Info
Full Baths: 4
Half Baths: 3
General Info
Land SqFt: 5875
Nbr of Acres: 0.13
Total # of Units: 3
Subdivision: None
Zoning: Commercial
Legal: LOT 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
Est Finished SqFt: 10069
Source SqFt: Architect
Directions: The first Main Street Commercial Building on the right. Block and a half to the Gondola
Year Built: 1992
Year Remodeled: 2017
View 1: Box Canyon, Ballard
View 2: Ski Area, Courthouse
Financing Info
Tax ID: R1010924010
Taxes: 33314
Tax Year: 2016
RETT: 3% Telluride RETT
Status Change Info
Status: Active
Proposed Close Date: 2018-04-17
Utility Info
Phone Lines: Regular Phone
Primary Heat: In-Floor
Property Features
Disclosures: Flood Plain; RETT
Construction: Frame
Substructure: Finished Basement
Exterior Finish: Wood (Painted)
Roof: Tar & Gravel/Memb
Sanitation: Sewer
Primary Heat: Gas; Radiant in Floor
Gas: Natural
Electric: Power Company
Common Utilities: Regular Phone
Covered Parking: 7 or More Cars
Open Area Parking: 3 Car +
Special Location: Close to Gondola; Main Street; South of Colorado
Supplements
, Ballard Mountain, the Telluride Ski Resort, and the iconic San Miguel County Courthouse. Under Construction and NO one is allowed to enter without notifying Listing Broker.

Listing Office: TELLURIDE SOTHEBY'S INTERNATIONAL REALTY

Listing Agent: RICK FUSTING

Last Updated: May - 01 - 2018

The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing.

Saturday 23rd of June 2018 04:52 AM