138 E Colorado Avenue, Telluride, CO 81435 (MLS# 44416)

$480,000

138 E Colorado Avenue
Telluride, CO 81435
MLS# 44416
Status: Pending

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Property Description
Own a Piece of Historic Telluride—For Under $500K! Here's your chance to own a charming slice of downtown Telluride, right on iconic Colorado Avenue. This unique two-story commercial space is full of character and potential. Featuring an original tin ceiling, a large window overlooking Colorado Avenue, a private entrance, and a sink in the unit—plus access to two shared bathrooms—this space offers incredible versatility. Whether you envision a micro coffee shop, a boutique retail store, or a creative studio, this spot is ready for your vision. Don't miss out on this rare opportunity to create something special in the heart of Telluride!

Details

Maps

Listing & Location Info

Major Area: 10

Currently Not Used

Historical Qualifctn: Contributing

Keywords Info

# Of Tenants: 12

General Info

Land SqFt: 0

Nbr of Acres: 0

Total # of Units: 12

Zoning: Historic Commercial

Legal: CONDO UNIT 104 THE GOOD GARGOYLE CONDO ACC TO MAP REC 11 17 1977 IN PL BK 1 AT PG 98 THE DEV PLAN REC 11 17 1977 IN PL

Est Finished SqFt: 98

Source SqFt: Assessor

Year Remodeled: 1971

Directions: Heading East on Colorado Ave. Unit is located on the South side of the street above O'Bannons/Fly Me to the Moon Saloon.

Subdivision: Gargoyle

Year Built: 1900

Financing Info

Taxes: 882.23

Tax Year: 2024

HOA Mangment Company/Info: Keith Hampton with Silver Star Property Management

HOA Dues: 209

Payment Per: Month

RETT: 3% Telluride RETT

Assessor's Acct #: R1010002007

Status Change Info

Proposed Close Date: 2026-04-30

Status: Pending

Under Contract Date: 2026-04-21

Utility Info

Phone Lines: None

Primary Heat: Elec Base

Disclosures

Covenants: 1

RETT: 1

Level

Street Level: 1

Construction

Stone: 1

Substructure

Finished Basement: 1

Exterior Finish

Stone: 1

Water

City: 1

Roof

Tar & Gravel/Memb: 1

Sanitation

Sewer: 1

Primary Heat

Baseboard: 1

Electric: 1

Hot Water: 1

Open Area Parking

On Street Only: 1

Special Location

Main Street: 1

Gas

Natural: 1

Electric

Power Company: 1

Common Utilities

Regular Phone: 1

Listing Location Info

Current Price: $480,000

Sub-Type: Commercial Spaces

Area: Town of Telluride - 11 (Major Area 10)

Asking Price: 480000

Street #: 138

Street Direction Pfx: E

Street Name: Colorado

Street Suffix: Avenue

City/Town: Telluride

County: San Miguel County

State/Province: CO

Postal Code: 81435

Property Features

Disclosures: Covenants; RETT

Level: Street Level

Construction: Stone

Substructure: Finished Basement

Exterior Finish: Stone

Roof: Tar & Gravel/Memb

Primary Heat: Baseboard; Electric; Hot Water

Gas: Natural

Electric: Power Company

Common Utilities: Regular Phone

Open Area Parking: On Street Only

Special Location: Main Street

Listing Office: Telluride Properties Main St.

Listing Agent: Brittany Hinde

Last Updated: April - 21 - 2026

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