333 Colorado AveTelluride, CO 81435

Property Details for 333 Colorado Ave

Year built

1986

Lot size

0.21 AC

Property size (Sq ft)

1,328 SF

Zone code

C3

Property type

Office properties

Property subtype

Office buildings

APN

1010089200

APU

1010089200

Description

This exceptional 1,328 square foot commercial property is located at 333 W Colorado Avenue in the vibrant town of Telluride, Colorado. Situated on a 0.03-acre lot, this property presents a unique opportunity for investors and entrepreneurs alike. The asking price is $1,950,000. Its prime location on Colorado Avenue ensures high visibility and accessibility, making it ideal for a wide range of businesses. The property's affordability, considering its location and potential, makes it a rare find in the Telluride market. This presents a significant advantage for those seeking a strong return on investment or a strategic location to establish a thriving business. The existing structure offers ample space for customization and adaptation to suit various commercial needs. The property's potential is further enhanced by its position within a bustling commercial area, promising significant foot traffic and exposure. This is an exceptional opportunity to acquire a well-situated commercial property in a highly desirable location, offering both immediate value and significant long-term growth potential. Don't miss this chance to secure a space that will contribute to your business success in the heart of Telluride. The property is ready for immediate occupancy and offers a blank canvas for your vision.

• CAP approach

  CAP return

  Valuation

  6%

  $244,054

  6.5%

  $225,280

  7%

  $209,189

• Comparable approach

  Method

  Valuation

  Relative Method

  $270,255

  Geo Method

  $109,719

• Alternative Use

  Use

  Valuation

  Residential

  $279,348

  Hospitality

  $255,881

  Educational

  $212,890

  Medical

  $220,212

  Retail

  $331,162

Location Insight

City

Telluride

County

San Miguel

State

Colorado

Latitude

37.9381

Longitude

-107.813

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].