238 E Colorado Avenue, Telluride, CO

$11,481,000

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5

Baths

About 238 E Colorado Avenue

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.

Features of 238 E Colorado Avenue

MLS® # 44590
Price $11,481,000
Bathrooms 5.00
Half Baths 5
Year Built 1994
Type Commercial/Industry
Sub-Type Commercial Spaces
Status Active

Community Information

Address 238 E Colorado Avenue
Area Town of Telluride - 11 (Major Area 10)
City Telluride
County San Miguel County
State CO
Zip Code 81435

Amenities

Has Pool No

Interior

Heating Forced Air
Fireplace No
Has Basement No
Basement Finished

Exterior

Roof Metal, Other
Construction Brick, Frame, Concrete, Steel Siding, Stucco, Stone, Wood (Painted)

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentBrigitte Depagter Kusuno
OfficeTelluride Real Estate Brokers, Inc.

Listing Map

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