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238 E Colorado Avenue

Telluride, CO 81435
  • $11,481,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 44590
UPDATED: 52 min ago
$11,481,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 5
    1/2 BATHS
  • 13,717
    SQFT
  • $837
    $/SQFT
Type:
Commercial
Built:
1994
County:

School Ratings & Info

Description

Positioned in the heart of Telluride's Historic Commercial District, this irreplaceable asset presents a rare opportunity to acquire and reposition a premier mixed-use property. Featuring substantial square footage and exceptional frontage along both Colorado Avenue and Willow Street, this property offers multiple avenues to add value through strategic redevelopment. The ground floor is ideally suited for multiple retail storefronts, while the second floor presents an opportunity to create highly functional office suites and approximately ±3,200 square feet of residential space, subject to P&Z approvals. Existing infrastructure, parking allocations, and condominium configurations provide a strong foundation for a thoughtfully executed redevelopment tailored to evolving market demand.

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 Telluride Realty & Investment. Data last updated: 2026-07-11T21:49:16.377.

www.telluriderealtyhome.com/homes/177654668
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238 E Colorado Avenue Telluride, CO 81435

  • Price: $11,481,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 52 min ago
  • MLS #: 44590
0
Beds
0
Baths
5
½ Baths
N/A
Acres
13,717
SQFT
$837
$/SQFT
1994
Built
Neighborhood:
Town Of Telluride - 11 (Major Area 10)
County:
San Miguel
Area:
Town Of Telluride - 11 (Major Area 10)
Property Description
Positioned in the heart of Telluride's Historic Commercial District, this irreplaceable asset presents a rare opportunity to acquire and reposition a premier mixed-use property. Featuring substantial square footage and exceptional frontage along both Colorado Avenue and Willow Street, this property offers multiple avenues to add value through strategic redevelopment. The ground floor is ideally suited for multiple retail storefronts, while the second floor presents an opportunity to create highly functional office suites and approximately ±3,200 square feet of residential space, subject to P&Z approvals. Existing infrastructure, parking allocations, and condominium configurations provide a strong foundation for a thoughtfully executed redevelopment tailored to evolving market demand.
Exterior Features

Construction Materials BrickFrameConcreteSteel SidingStuccoStoneWood (Painted) Covered Parking 7 or More Cars Foundation Details [] Level Below GradeStreet LevelUpper Level Parking Features [] Roof MetalOther Substructure Finished Basement View AjaxBox Canyon Views Bear CreekMain St

Interior Features

Basement Finished Heating Forced Air Heating YN True Primary Heat Forced Air

Property Features

Association Amenities [] Common Utilities Regular Phone Electric [] Green Energy Generation [] Green Water Conservation [] Historical Qualifcation No Lot Features [] Maj Area 10 New Construction YN No Number Of Tenants 9 Other Equipment [] Phone Lines Regular Phone Property Sub Type Commercial Spaces RETT 3% Telluride RETT Sewer [] Special Listing Conditions RETTLeasedCovenants Special Location Main Street Tax Annual Amount 212662 Tax Year 2025 TVServices Cable Water Source City Waterfront Features [] Zoning Historic Commercial

Teullride Board of Realtors logo Listing provided courtesy of Brigitte Kusuno of Telluride Real Estate Brokers, Inc.: .
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 Telluride Realty & Investment. Data last updated: 2026-07-11T21:49:16.377.

 
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Telluride Realty & Investment
747 W. Pacific Ave. Suite 416
Telluride CO, 81435