Property ID : Old Bank Building
Active, For Sale $2,790,000 - Free Standing Building, Investment, Office, Office Building, Retail
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 Façade and Preservation Easement with the Town of Telluride. Call us Today for more information or a tour.