Commercial Sale · Pending

115 W Colorado Avenue

Telluride, CO 81435

7 Baths

$7,495,000

Mixed Use

Property Type

0.07 acres

Lot Size

1978

Year Built

43694

MLS #

About This Property

Opportunities like this don't come around often. Located on the sunny side of Telluride's iconic Main Street, 115 W Colorado is a rare chance to own an entire building in the heart of downtown. With commanding views of the ski area and surrounding peaks, the 6,630 square foot property includes two commercial spaces, two 1-bedroom residential units, and a 2-bedroom penthouse with an incredible rooftop deck. Whether reimagined as a legacy family compound, a flagship commercial venture, or a mixed-use income property, the possibilities are as limitless as the views.

No historic designation means a smoother path for future improvements. This is about more than square footage - it's about staking your place at the center of one of the most storied mountain towns in the world.

477 days on market

Listed by Josh Rapaport & Katja Wichland Rapaport · LIV Sotheby's International Realty - Pine St · 970-728-8138

Last updated: 10/19/2026 2:39 PM · Source: Telluride Association of REALTORS®, MLS#: 43694

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Pending
Subdivision Main Street
MLS # 43694
Days on Market 477
Full Baths 5
Half Baths 2

More Details

Year Built 1978
Lot Size (Sq Ft) 3,125
Acres 0.07
Annual Taxes $52,154
Tax Year 2025
State CO
County San Miguel County

Interior

Heating Radiant Floor

Building & Lot

Basement Finished
Construction Stone
Sewer Septic Tank
New Construction No

Location

Price History

DateEventPrice
10/19/2026 Pending
Source: Telluride Association of REALTORS® #43694
—
10/19/2026 Pending
Source: Telluride Association of REALTORS® #44132
—
9/21/2026 Price change
Source: Telluride Association of REALTORS® #44132
$7,495,000
9/21/2026 Price change
Source: Telluride Association of REALTORS® #43694
$7,495,000 -5.7%
5/21/2026 Price change
Source: Telluride Association of REALTORS® #43694
$7,950,000
5/21/2026 Price change
Source: Telluride Association of REALTORS® #44132
$7,950,000 -6.4%
4/21/2026 Price change
Source: Telluride Association of REALTORS® #43694
$8,495,000 +13.3%
12/18/2025 Listed for sale
Source: Telluride Association of REALTORS® #44132
$7,495,000 -14.3%
6/30/2025 Listed for sale
Source: Telluride Association of REALTORS® #43694
$8,750,000 +56.3%
6/29/2021 Sold
Source: Telluride Association of REALTORS® #38195
$5,600,000 -9.7%
5/25/2020 Listed for sale
Source: Telluride Association of REALTORS® #38195
$6,200,000

© Copyright 2026 by Telluride Association of REALTORS, Inc.

Listing information last updated October 19, 2026 at 2:39 PM.

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