398 West Colorado Avenue for sale in Sawpit, Colorado

$5,900,000

A very rare opportunity to purchase a commercial building in downtown Telluride that includes HARC and Town approved full plans by Narcis Tudor to complete a 6,705 square foot residential penthouse. (Town rules are currently being updated so that future projects will not allow for any penthouses larger than 4,000 square foot)2,477squarefeetof decks on the Penthouse. 3,364square feet of Commercial space. 1,176 square feetof covered parking. The permit been pulled and construction can begin in the spring of 2017. Located on the corner of Aspen and Colorado, just 1.5 blocks from the Gondola, the building sits on a double lot at the entry to Telluride's business district. Properties to the west of the building are residential and dramatically lower in height. From the future penthouse, views will encompass Ajax Peak, Ballard Mountain, the Ski Resort, and the iconic San Miguel County Courthouse

Square Footage: 10069