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22127885
22127886

228 W Colorado Ave, Telluride, CO 81320

Telluride Real Estate Brokers
Listed by Telluride Real Estate Brokers
$9,980,000
480 days on market
Updated 1 day ago

McIntosh Building

Details
Property Type Office, Retail
Sub Type Restaurant
Square Footage 9,192
Net Rentable (SqFt) 9,192
Units 11
Cap Rate 4.43%
NOI $441,850
Occupancy 100%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Pro-Forma Cap Rate 4.79%
Pro-Forma NOI $478,200
Price per SqFt $1,086
Broker Co-Op Yes
Class B
Year Built 53
Buildings 1
Stories 3
Acreage 0.100
Zoning Historic Commercial
Parking Spaces 3 spaces
Parking Per SqFt 0.33
Ownership Telluride McIntosh Building

Prime Telluride Commercial Building | Redevelopment | Income property | 4.43% CAP | 9,192 SF

Marketing description

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!

Investment highlights

Outstanding Cap Rate & Redevelopment Opportunity. Prime location with high-traffic exposure, anchored by strong tenants and surrounded by flourishing businesses. A mix of robust leases with built-in rent escalations ensures long-term value.

Listing Contacts

Telluride Real Estate Brokers
Listed by Telluride Real Estate Brokers

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$441,850.00
$36,820.83/mo

Valuation Metrics

0
DSCR
4.43%
Cap Rate
4.43%
ROI

Map

Zoning

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HC CommercialSpecial CommercialHistoric Commercial
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View all 15 uses
View all 15 uses
Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brigitte Depagter Kusuno
License
CO FA40037993
Brokerage
Telluride Real Estate Brokers Inc.
Title
Real Estate Broker
Brokerage Address
126 West Colorado Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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