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McIntosh Building 228 Colorado Ave 9,192 SF 100% Leased Retail Building Telluride, CO 81435 $9,980,000 ($1,085.73/SF) 4.90% Cap Rate
Investment Highlights
- Large commercial building in a prime location in down town Telluride
- Redevelopment potential
- Restaurant Space
Executive Summary
Prime Commercial Property in Downtown. Telluride Exceptional Cap Rate & Redevelopment Potential. Discover an unparalleled investment opportunity in the heart of downtown Telluride. This premier commercial property offers a high cap rate, ensuring strong cash flow and long-term value appreciation. Situated in a spectacular, high-traffic area, it is surrounded by thriving businesses, world-class dining, and the stunning San Juan Mountains. With redevelopment potential, investors can enhance and modernize the space, maximizing opportunities for a residential penthouse, or mixed-use development. The combination of immediate revenue generation and future growth prospects makes this a rare gem in one of Colorado's most sought-after destinations. Don't miss out—contact us today!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,192 SF
Building Class
C
Year Built
1972
Price
$9,980,000
Price Per SF
$1,085.73
Cap Rate
4.90%
NOI
$489,020
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.11
Lot Size
0.10 AC
Zoning
Commercial
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 101-0004413 | Improvements Assessment | $229,280 |
| Land Assessment | $687,260 | Total Assessment | $916,540 |
Property Taxes
Parcel Number
101-0004413
Land Assessment
$687,260
Improvements Assessment
$229,280
Total Assessment
$916,540
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McIntosh Building | 228 Colorado Ave
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