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232 W Colorado Avenue, Telluride, CO 81435 (MLS# 43172)

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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
Listing Office: Telluride Properties Main St.
Listing Agent: TD D Smith
IDX
Last Updated: January - 09 - 2026
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