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121 W Colorado Avenue

Telluride, CO 81435
  • $5,600,000
  • STATUS: Active
  • ON SITE: 886 Days
  • MLS #: 42328
UPDATED: 47 min ago
$5,600,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
  • 1,088
    SQFT
  • $5,147
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

This premier high-traffic development and investment opportunity is located on the sunny side of Colorado Avenue in the heart of downtown Telluride, between Fir and Pine Streets, along one of the most active pedestrian blocks in town. Formerly home to Telluride Outside, the existing non-historic structure may be removed and replaced with a dynamic mixed-use project with a two-year HARC approval in place, including a restaurant with a lower-level speakeasy, a three-bedroom penthouse residence, and a one-bedroom affordable housing unit. The property currently provides strong lease income, offering attractive cash flow while a future development is planned. Seller financing is available. See disclosures in the Addendum and click on documents.

Monthly Payment Calculator

Teullride Board of Realtors logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. 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. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or LIV Sotheby's International Realty. Data last updated: 2026-08-10T14:49:11.813.

www.ivahildrealestate.com/homes/148338516
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121 W Colorado Avenue Telluride, CO 81435

  • Price: $5,600,000
  • Status: Active
  • On Site: 886 Days
  • Updated: 47 min ago
  • MLS #: 42328
0
Beds
0
Baths
1
½ Baths
0.07
Acres
1,088
SQFT
$5,147
$/SQFT
1970
Built
Neighborhood:
None
County:
San Miguel
Area:
Town Of Telluride - 11 (Major Area 10)
Property Description
This premier high-traffic development and investment opportunity is located on the sunny side of Colorado Avenue in the heart of downtown Telluride, between Fir and Pine Streets, along one of the most active pedestrian blocks in town. Formerly home to Telluride Outside, the existing non-historic structure may be removed and replaced with a dynamic mixed-use project with a two-year HARC approval in place, including a restaurant with a lower-level speakeasy, a three-bedroom penthouse residence, and a one-bedroom affordable housing unit. The property currently provides strong lease income, offering attractive cash flow while a future development is planned. Seller financing is available. See disclosures in the Addendum and click on documents.
Exterior Features

Construction Materials BlockFrameWood (Painted) Foundation Details [] Open Area Parking 3 Car + Parking Features [] Roof Other Substructure Crawl Space View Ajax - future roof Views Ski area

Interior Features

Basement Crawl Space Extra Rooms Bath(s) Heating Baseboard Heating YN True Primary Heat Elec Base

Property Features

Association Amenities [] Common Utilities Regular Phone Electric [] Electricity Power Company Gas Natural Green Energy Generation [] Green Water Conservation [] Lot Features [] Lot No 49 Maj Area 10 New Construction YN No Number Of Tenants 1 Other Equipment [] Phone Lines Regular Phone Property Sub Type Commercial Spaces RETT 3% Telluride RETT Sewer [] Special Listing Conditions Other See AddendumRETT Special Location Main Street Tax Annual Amount 36435.06 Tax Year 2025 Water Source City Waterfront Features [] Zoning Commercial

Teullride Board of Realtors logo Listing provided courtesy of Steve Cieciuch of Telluride Properties: .
Teullride Board of Realtors logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. 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. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or LIV Sotheby's International Realty. Data last updated: 2026-08-10T14:49:11.813.

 
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LIV Sotheby's International Realty
PO Box 2361
Telluride CO, 81435