121 W Colorado Avenue, Telluride, CO

About 121 W Colorado Avenue

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.

Listing Map