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4 Bedroom Condo in Wasatch

$1,100,000
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Prime location on Colorado Ave in downtown Telluride. Can be used for residential or commercial.Second floor location with views from front and back of building. Rear 2 offices have views of the red rocks and mountains. There is rear balcony accessible from 2 of the rooms.Current use: Front 2 offices have wall to wall, ceiling to floor windows overlooking Colorado Ave. & Bear Creek Canyon. Current combined lease rate $1797/mo. NNN. They are 3 year leases commencing 1/1/17 but are subject to sale (meaning new owner can cancel the leases). They are great tenants and would like to stay.Inner office suite has flex room, kitchen, 4 offices and 4 bathrooms. currently unrented space was leased for $2598/month plus NNN.
Asking Price:
$1,100,000
Status: Pending
Bedrooms:4
Bathrooms:4 Full
0 Half Baths
Living Area:1,312 SqFt. Source: Appraiser
Deck: 56.00 SqFt.
Furnished:None
Garage:3 Car
Year Built:1982
City/Town:Telluride
Views:Colorado Ave., Mountain
Location:Main Street,Near Park
Area: Town of Telluride - 11 (Major Area 10)
Address:221 E Colorado Avenue, Telluride 81435
Unit #:J
Heating:Radiant Ceiling
Primary Heat: Other See Feature
Water Source:Public
Exterior:Stone, Wood (Painted)
Hoa Dues:451.62/Month
Hoa Amenities:Dogs Not Permitted, Dogs Permitted
Transfer Tax:3% Telluride RETT
Property Tax:$2,635 Paid in: 2017
Condo Plat:Book 1 page 405
Legal:Unit J, Building III Wasatch II Condominium Association.
MLS #:35515
Destination Distance Driving Time
Downtown Telluride:
Telluride Post Office:
Free Gondola:
Wilkinson Public Library:
Town Park:
Clarks Market:
Village Market:
Bear Creek Trailhead:
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