Commercial Sale · Active

232 W Colorado Avenue

Telluride, CO 81435

7 Baths

$8,500,000

Mixed Use

Property Type

0.07 acres

Lot Size

1973

Year Built

43172

MLS #

About This Property

Superb redevelopment opportunity with approved Tommy Hein plans, including a building permit. The penthouse with nearly 360-degree views was designed for 3 bedrooms, 3.5 bathrooms with rooftop dining, hot tub, bar and extensive outdoor living areas. The commercial space will offer 10 offices, 3 bathrooms and a conference room with excellent, existing full-time tenant. Full set of architectural drawings available upon request.

645 days on market

Listed by TD Smith & Harold Granberry Tabb III · Telluride Properties Main St. · 970-728-3111

Last updated: 7/16/2026 4:08 PM · Source: Telluride Association of REALTORS®, MLS#: 43172

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
Subdivision Main Street
MLS # 43172
Days on Market 645
Full Baths 4
Half Baths 3

More Details

Year Built 1973
Lot Size (Sq Ft) 3,125
Acres 0.07
Annual Taxes $64,342
Tax Year 2025
State CO
County San Miguel County

Interior

Heating Natural Gas, Forced Air, Hot Water

Exterior & Parking

Parking Features On Street

Building & Lot

Basement Finished
Construction Steel Siding, Frame, Concrete, Wood (Natural), Wood (Painted), Metal/Vinyl
Sewer Septic Tank
New Construction No

Location

Price History

DateEventPrice
9/5/2025 Price change
Source: Telluride Association of REALTORS® #43172
$8,500,000 -10.5%
1/13/2025 Listed for sale
Source: Telluride Association of REALTORS® #43172
$9,500,000

© Copyright 2026 by Telluride Association of REALTORS, Inc.

Listing information last updated July 16, 2026 at 4:08 PM.

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