A very rare opportunity to purchase a commercial building in downtown Telluride that includes HARC and Town approved full plans to complete a 6,705 s.f. residential penthouse. (Town rules are currently being updated so that future projects will not allow for any penthouses larger than 4,000 s.f.) 2,477 sq ft of decks on the Penthouse. 3,364 sq ft of Commercial space. 1,176 sq ft of covered parking. Located on the corner of Aspen and Colorado, just 1.5 blocks from the Gondola, the building sits on a double lot at the entry to Telluride's business district. Properties to the west of the building are residential and dramatically lower in height. From the future penthouse, views will encompass Ajax Peak,Ballard Mountain, the Telluride Ski Resort, and the iconic San Miguel County Courthouse. The Property will be ready "Core and Shell" by end of Oct. Finish the condo the way you want it finished. Under Construction and NO one is allowed to enter without notifying Listing Broker.