138 E Colorado Ave, Telluride, CO 81435
$3,400,000
Property Type:
Commercial/Industry
Lot Size (sq. ft.):
4,083
Status:
Active
Current Price:
$3,400,000
List Date:
1/17/2024
Last Modified:
1/09/2026
Description
SELLER SAYS SELL. Significant Price Reduction! PRIME CORNER MAIN STREET Commercial Development lot. Being offered is 1 commercial space in the Good Gargoyle building formerly used as a Restaurant and Bar and three contiguous lots to the West and South (one with a temporary building on it) that wrap around the existing Gargoyle building. Square footage of restaurant is approx 597 and square footage of lots is approx. 4083. Being sold as a package. Some restaurant equipment and furniture included. Excellent frontage on main street. Adjacent to Park. Ski Area, Ballard and Ajax views. Great Condo site. Great Restaurant site. Great office site. Great commercial site. Investor ready site. Design and build your own Telluride Dream to your own specifications. Vendor lease month to month.
More Information MLS# 42207
Listing & Location Info
Major Area: 10
Lot #: B C and D
Historical Qualifctn: Contributing
Keywords Info
# Of Tenants: 1
General Info
Land SqFt: 4083
Zoning: Commercial
Legal: See documents
Est Finished SqFt: 597
Source SqFt: Appraiser
Directions: SW Corner of Spruce and Colorado Ave.
Subdivision: Gargoyle
Year Built: 1900
Financing Info
Taxes: 37649
Tax Year: 2025
HOA Mangment Company/Info: Good Gargoyle HOA
HOA Dues: 845
Payment Per: Month
RETT: 3% Telluride RETT
Assessor's Acct #: R1010094991
Utility Info
Phone Lines: Regular Phone
Primary Heat: Combination
TV Service: Cable
Disclosures
Covenants: 1
Deed Restricted: 1
Level
Street Level: 1
Construction
Brick: 1
Substructure
Finished Basement: 1
Open Area Parking
2 Car: 1
Special Location
Main Street: 1
Appliances
Commercial Kitchen: 1
Business Inclusions
Other: 1
Business Exclusions
Other: 1
Listing Location Info
Current Price: $3,400,000
Sub-Type: Commercial Spaces
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 3400000
Street #: 138
Street Direction Pfx: E
Street Name: Colorado Ave
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Status Change Info
Status: Active
Property Features
Disclosures: Covenants; Deed Restricted
Level: Street Level
Construction: Brick
Substructure: Finished Basement
Open Area Parking: 2 Car
Appliances: Commercial Kitchen
Special Location: Main Street
Business Inclusions: Other
Business Exclusions: Other
Plat Gargoyle ›
Plat recorded 1977 ›
Listing Office:
Telluride Realty
Listing Agent:
Michael D Saftler
Last Updated: January - 09 - 2026
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