Adam Greenberg - Coldwell Banker Distinctive Properties
109 W Colorado Avenue
Telluride, CO 81435

$2,790,000

Description

The Historic Bank of Telluride Building, on Telluride's Main Street has both historic significance and re-development opportunity. The Bank of Telluride opened its doors in this new building February 22, 1920 and operated at this location until its failure in September of 1929 when bank president C.D. Waggoner executed an elaborate scheme to defraud New York Banks out of a half million dollars to pay the banks local debts and reimburse depositors. Today this gem has tremendous re-development opportunity including restoring the commercial, adding residential, parking, and storage. The front 42' of the building has an Architectural Facade and Preservation Easement with the Town of Telluride. Call us Today for more information or a tour.

Details

MLS#35785
StyleIndustrial
Sub-TypeResale
StatusPending
Year1920
Days On Site141

Features

SQ Feet1,778
Story(s)1

Market Activity 81435

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Area Information

StateCO
CountySan Miguel County
CityTelluride
Zip Code81435
AreaTown of Telluride
Listing VS Median (in 81435)
Price:
$2,790,000
low | high
Med:
$1,137,500
100% of Average
SqFt:
1,778
low | high
Med:
656
100% of Average
$ / SqFt:
$1,569
low | high
Med:
$419
100% of Average
On Site:
141
low | high
Med:
124
100% of Average
Listing Updated: 11/13/2018
MLS Number: 35785
Listing Provided By:
SCOTT BENNETT  of  TELLURIDE REAL ESTATE BROKERS INC.