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232 W Colorado Avenue, Telluride, CO 81435
$8,500,000
Property Type:
Commercial/Industry
Lot Size (sq. ft.):
3,125
Status:
Active
Current Price:
$8,500,000
List Date:
1/13/2025
Last Modified:
1/09/2026
Description
Superb redevelopment opportunity with approved Tommy Hein plans, including a building permit. The penthouse with nearly 360-degree views was designed for 3 bedrooms, 3.5 bathrooms with rooftop dining, hot tub, bar and extensive outdoor living areas. The commercial space will offer 10 offices, 3 bathrooms and a conference room with excellent, existing full-time tenant. Full set of architectural drawings available upon request.
More Information MLS# 43172
Listing & Location Info
Major Area: 10
Keywords Info
# Of Tenants: 1
Full Baths: 4
Half Baths: 3
General Info
Land SqFt: 3125
Zoning: Residential/Commercial
Legal: LOT 22 BLK 4 TELLURIDE
Est Finished SqFt: 5810
Source SqFt: Assessor
Directions: West Colorado Avenue, East of Visitors Center.
Subdivision: Main Street
Year Built: 1973
Financing Info
Taxes: 72576
Tax Year: 2024
RETT: 3% Telluride RETT
Assessor's Acct #: R1010904711
Utility Info
Phone Lines: Regular Phone
Primary Heat: Forced Air
Disclosures
RETT: 1
Level
Below Grade: 1
Street Level: 1
Upper Level: 1
Construction
Frame: 1
Poured Concrete: 1
Steel: 1
Substructure
Finished Basement: 1
Exterior Finish
Metal/Vinyl: 1
Wood (Natural): 1
Wood (Painted): 1
Water
City: 1
Roof
Tar & Gravel/Memb: 1
Sanitation
Sewer: 1
Primary Heat
Forced Air: 1
Gas: 1
Hot Water: 1
Covered Parking
2 - 3 Cars: 1
Open Area Parking
On Street Only: 1
Special Location
Gondola: 1
Main Street: 1
Near Park: 1
Gas
Natural: 1
Electric
Power Company: 1
Common Utilities
Regular Phone: 1
Tenant Chg Incl
Electric: 1
Gas: 1
Insurance: 1
Interior Maintenance: 1
Sewer & Water: 1
Taxes: 1
Trash: 1
Extra Rooms
Bath(s): 1
Kitchenette: 1
Office: 1
Storage: 1
Appliances
Dishwasher: 1
Disposal: 1
Freezer: 1
Microwave: 1
Refrigerator: 1
Listing Location Info
Current Price: $8,500,000
Sub-Type: Mixed Use
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 8500000
Street #: 232
Street Direction Pfx: W
Street Name: Colorado
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Status Change Info
Status: Active
Property Features
Disclosures: RETT
Level: Below Grade; Street Level; Upper Level
Construction: Frame; Poured Concrete; Steel
Substructure: Finished Basement
Exterior Finish: Metal/Vinyl; Wood (Natural); Wood (Painted)
Roof: Tar & Gravel/Memb
Primary Heat: Forced Air; Gas; Hot Water
Gas: Natural
Electric: Power Company
Common Utilities: Regular Phone
Tenant Chg Incl: Electric; Gas; Insurance; Interior Maintenance; Sewer & Water; Taxes; Trash
Extra Rooms: Bath(s); Kitchenette; Office; Storage
Covered Parking: 2 - 3 Cars
Open Area Parking: On Street Only
Appliances: Dishwasher; Disposal; Freezer; Microwave; Refrigerator
Special Location: Gondola; Main Street; Near Park
Documents
Listing Office:
Telluride Properties Main St.
Listing Agent:
TD D Smith
Last Updated: January - 09 - 2026
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.

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