217 W Colorado Avenue
Telluride, CO 81435Sale Price
$6,500,000
Property Type
Mixed Use
Property Description
An extraordinary opportunity to purchase an iconic building in the most highly desired location on Main Street in downtown Telluride. The building currently comprises nearly 4,000 square feet of prime street-level commercial space and a three bedroom residence on the second level. Purchase of the property comes with fully approved HARC plans and complete construction drawings by Sante Architects for a full building remodel and expansion including the development of a 4,500 square foot penthouse with a stunning 800 square foot deck overlooking Main Street. This project is ready for permit.
Agent Information
Property Specifics
Property Type:
Mixed Use
Yearly Taxes:
$35,880
Estimated Sq. Foot:
4,160
Lot Size:
N/A
Price per Sq. Foot:
$1,563
MLS ID:
42196
Source Status:
Active
Also Listed By:
connectagency: a0UUc000001bNegMAE
Location & Transportation
Other Property Information
Summary
General Information
- Year Built: 1916
School
- MLS Area Major: Town of Telluride - 11 (Major Area 10)
Parking
- Total Parking Spaces: 4
- Parking Features: 4 Car
Interior and Exterior Features
Interior Features
- Living Area: 4,160 sq. ft.; source: Assessor
- Full Bathrooms: 2
Property Information
Lot Information
- Zoning: Historic Commercial
Estimated Monthly Payments
Monthly Total
$34,167
Monthly Taxes
$2,990
Interest
6.00%
Down Payment
20.00%
Mortgage Calculator
Monthly Mortgage Cost
$31,177
Monthly Charges
$2,990
Total Monthly Payment
$34,167
Calculation based on:
Price:
$6,500,000
Charges:
$2,990
* Additional charges may apply
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Based on information from Telluride Association or REALTOR. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Copyright 2024 Telluride Association or REALTOR. All rights reserved.
Last checked: May 11, 2024, 3:16 PM UTC