$5,600,000
( )
 $30,062 est/mo Sourced by Back At You

121 W Colorado Avenue,Telluride, CO 81435

Telluride, CO 81435

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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.

Details

MLS #42328
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1970
Days On Site943
Listing Provided ByTelluride Properties | Steve Cieciuch

Features

Bath(s) 1 Total
BasementY
Acreage0.07

Taxes

Tax Annual Amount36435.06

Area Information

StateCO
CountySan Miguel County
CityTelluride
Zip Code81435
AreaTown of Telluride
SubareaSan Miguel County
Sourced by Back At You

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Learn More About This Property

StateCO
CountySan Miguel County
CityTelluride
Zip Code81435
AreaTown of Telluride
SubareaSan Miguel County
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.2M - $7M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
119 W Colorado Avenue Property Photo 1
$4,699,000
119 W Colorado Avenue
Telluride, CO 81435
124 N Fir Street Property Photo 1
$5,400,000
124 N Fir Street
Telluride, CO 81435
Listing Updated: September 29, 2026 at 6:38:20 AM PDT
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