08 Jun Telluride Real Estate News: Commercial Update
In his regular column, (narratives and video), Telluride Real Estate News, Robert Stenhammer leverages his extensive knowledge of market factors (global, national, and regional) and the Telluride lifestyle to bring readers fresh, informative – and insider – real estate news to use today. This week, Robert responds to client questions about the options of purchasing or leasing commercial property in the Telluride region.
Robert Stenhammer
Whole Building Sales:
The Strong House, 283 South Fir, sold for $2,600 MLS #33887
The Belmont Building, 124 East Colorado, sold for $2,200,000 MLS #32628
The Yarn Store, 320 W. Colorado, Sold for $1,400,000 MLS# 33705 Commercial Condominium sales:
Art House Corner of Fir and Pacific, sold for $835,000 MLS #33923
Eye care store, 395 East Colorado, sold for $550,000 MLS #34373
Pack it Ship it, Old Watch Space 125 West Pacific, sold for $479,000 MLS #32379
There Restaurant space, 627 West Pacific, sold for $570,000 MLS #34610
110 South Pine, Sold for $550,000 MLS #35490
The following office spaces sold:
John Steel’s former office, 126 West Colorado Ave, sold for $425,000 MLS #34855
New San Juan Office suites 211 & 212, 220 East Colorado Ave. sold for $265,000 MLS #34260 Vacant Land
219 West Pacific, sold for $880,000 MLS #35504
Availability in the commercial sector is very slim and limited. Current whole structure commercial properties listed include:
Old Bank Building 109 West Colorado, latest asking $2,790,000 MLS #35785
115 West Colorado, Asking price $4,400,000 MLS #35263
121 North Pine Storage/Residential, Asking price $3,000,000 MLS #34234
398 W Colorado, Pederson Building, Asking price $7,000,000 MLS# 35732 Commercial Spaces listed:
Fir House Commercial 2, Asking price $1,425,000 MLS #33928
Fir House Commercial 1, Asking price $1,010,000 MLS #33926
547 ½ West Pacific, Vet Clinic, Asking price $939,000 MLS#35586
124 East Pacific, Old Security Title, Asking price $350,000 MLS#35759 TREB Bulletin Under contract
Bell Building, 217 West Colorado, Asking price $3,250,000 MLS #32563 Recently Expired/Withdrawn properties:
215 East Colorado, Hell Bent Leather, Asking price $995,000 MLS #34908 Business Opportunity
Baked in Telluride, Asking price $695,000 MLS # 35948
A few notable changes in business moves and startups:
The Last Dollar Saloon is undergoing a major renovation to be opened soon, there will be a roof top bar expected to open in August. The National Restaurant behind the Last Dollar is planned to open for the Winter Season.
Taco Del Gnar opened up at 123 South Oak
SMART transit service is moving into the commercial space in the Spruce Street House on the corner of Spruce and Pacific.
The Town of Telluride is moving forward with the construction of the building on south Fir and Pacific on what is locally known as the S.M.P.A. lot. This building will contain underground parking, The Ah- Haa School for the Arts and Affordable Housing…
Go here to find hot real estate deals from TellurideRealEstates.com.
Now watch the featured video of the week, courtesy, Telluride Tourism Board.
More about Robert Stenhammer:
Daughters Sammy (18), Mackenna (16), Robert and Wife Heidi.
Born and raised in Minnesota, Robert Stenhammer holds a BA in business and an MBA in hospitality and tourism. He has enjoyed a 20+-year career in luxury resort management and been a licensed real estate broker since 2009. Specifically, his expertise encompasses real estate, hotels, vacation rentals, resort management, community relations, government affairs, and destination marketing.
Robert began his resort management career in the ski resorts of Colorado, where he directly oversaw the management of over 2,600 vacation rental properties, 40 homeowner associations, retail, food and beverage, real estate, hotels, and resort operations during his stints with Vail Resorts and Intrawest.
Robert went on to work on Hilton Head Island, South Carolina, for seven years, serving on the Board of Directors for the Hilton Head Island/Bluffton Chamber of Commerce & VCB. He chaired the Accommodation Tax Committee for the Town of Hilton Head Island, got his brokerage license, and was a regular hospitality, tourism, and real estate columnist for the Island Packet newspaper and Hilton Head Monthly magazine.
In his former duties as executive vice-president for Telluride Ski & Golf Resort, Robert Stenhammer was responsible for hotel and vacation rental resort lodging, Mountain Village retail operations, golf course operations, the Telluride Conference Center, Telluride Concierge Luxury Transport, and the exclusive Telluride Ski and Golf private members club.
Telluride Real Estate News twins with Robert Stenhammer, now an associate broker with Telluride Real Estate Corp./Christie’s International Real Estate. His TellurideRealEstates.com offers a fresh, fun, informative way to search for properties in the Telluride region: mobile search awesomeness, lifestyle search, luxury search, new listing, and hot deals.
Daughter Sammy (18), Robert, Daughter Mackenna (16) and wife Heidi.
In his new job for Telski, Office of the CEO (Bill Jensen), Robert is charged with helping to make Telluride the #1 resort in the world by working in government affairs and on strategic partnerships and new initiatives for the resort, including housing, access, and sustainable development for a better (read “greener’) future.
As a broker, Robert understands how to leverage his intimate knowledge of the market and executive-level communication skills and service experience to exceed his clients’ real estate objectives.
Off-hours, Robert takes advantage of the active Telluride lifestyle His home is in Mountain Village, where he lives with his wife Heidi and daughters Samantha (18) and Mackenna (16).
Again, feel free to contact Robert Stenhammer if you want additional information about the Telluride Ski & Golf Club and/or if you are interested in buying property in the Telluride region. To stay informed about the Telluride lifestyle and real estate opportunities, go here, like his Facebook page, Telluride Real Estate News, or call 970-708-7771.
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