333 W Colorado Avenue Unit 4, Telluride – Premium Historic Commercial Condo in Downtown
A rare offering in Telluride’s historic core, 333 W Colorado Avenue Unit 4 is a well-positioned commercial condo with excellent visibility, established tenancy, and high walkability. Nestled next to the Sunshine Pharmacy and San Miguel County offices, this retail unit presents a strong passive-income opportunity. Listed for $3.95 million, this property delivers immediate value in a market with extremely limited inventory.
🏢 Property Overview
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Unit Type: Commercial space
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Current Use: Long-term retail tenancy—yoga studio or similar—with strong foot traffic
📍 Location & Context
Positioned on the 300 block of West Colorado Avenue, this unit enjoys high pedestrian traffic, proximity to the gondola, and adjacency to the Sunshine Pharmacy and San Miguel County offices—a bustling snapshot of Telluride’s downtown rhythm.
💼 Investment Highlights
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Limited inventory niche: Few commercial condos available with this visibility and location inside the Historic District
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Passive income stream via existing tenant, with potential to reimagine the space as upscale retail, wellness, or boutique office
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Walkable, landmark exposure to locals and tourists alike
🔑 Key Features & Stats
| Feature | Details |
|---|---|
| Commercial Condo | Fee-simple ownership within historic core |
| Visibility | On Colorado Avenue near pharmacy and county offices |
| Foot Traffic | High demand area for both locals and visitors |
| Redevelopment Options | Possible tenant-tier redesign for higher rent |
| Size Estimate | Approx. 3,604 sq ft building total; Unit 4 portion within |
🎯 Market Context & Value
With limited similar offerings and prime visibility on Telluride’s main retail street, the property offers exceptional value at $3.95M in a market where good storefronts seldom surface. Comparable opportunities in the historic core are rare and highly competitive.
📞 Buyer’s Next Steps
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Schedule an in-person walk-through or receive lease documentation
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Request a cash flow summary, floor plan, or unit-specific brochure
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Consult about redevelopment plans or lease-up strategies
🏁 Summary
333 W Colorado Avenue Unit 4 is a premium retail investment in one of Telluride’s most visible downtown blocks. With established tenancy, historic character, and rare commercial ownership, it offers steady income and long-term value in a highly sought-after location.