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Retail Space with Laundry Business
For Sale
$1,050,000

1445 Grand Avenue, Norwood, CO 81423

Operating laundry and dry-cleaning business with equipment, commercial accounts, and an adjoining development parcel.

Property Size2,418 SF
Price / SF$434.24
Days on Market12

Property Features for 1445 Grand Avenue

General Information

Standard status Active
Size 2,418 SF
Property subtype Commercial

Site & Location

Corner Location Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Business Included Yes
Land Use commercial

Building Details

Year Built 1955
Buildings 1
Listing Agency: LIV Sotheby's International Realty - Mountain Village
Listed By: Tanya Morlang · License #tanyam
Source: Telluriderealtyhome
Added: Aug 30 Changed: Sep 9 Last Checked: Sep 9 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIV Sotheby's International Realty - Mountain Village

Investment Insights

Based on property information with market context.

This offering combines an operating laundry and dry-cleaning business with its commercial real estate and operating assets. The 2,418-square-foot building was constructed in 1955 and supports wash-and-fold, self-service laundry, dry-cleaning, and pickup and delivery services. The sale includes the business name, goodwill, equipment, operating assets, and established book of business, along with commercial relationships serving hotels, restaurants, and other businesses.

The property includes approximately .16 acre with the building, plus an adjoining .16-acre corner commercial lot with its own city water tap. Both parcels are in Norwood’s downtown commercial area, providing additional land for future development or expansion. The business also serves customers in the West End and Telluride areas, with multiple established service channels represented in the operation.

Key Highlights

  • 2,418 sq ft commercial building constructed in 1955
  • Approximately .16 acre with the building
  • Adjoining .16‑acre corner commercial lot included

Property Analytics

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Current Use

Village Center Cleaners (Bike/Boat/Book/etc) Store

Lease Details

Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Home Improvements & Furnishings 44%
Ace Hardware Norwood Home Improvements & Furnishings
1,709 visits/mo 0.3 miles
Phillips 66 Shops & Services
1,528 visits/mo 0.1 miles
Carquest Auto Parts Shops & Services
615 visits/mo 0.1 miles

Demographics for 81423, CO

1,409
Population
816
Households
1.7
Avg Household Size
46
Median Age
39%
College-Educated
96%
High-School Grad
588.8 sq mi
ZIP Area
2
Density / Sq Mi
$61,316
Median Household Income
$37,596
Median Earnings
$1,265
Median Rent
$412,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Operating laundry and dry-cleaning business with equipment, commercial accounts, and an adjoining development parcel.
Where is this retail space located?
The property is located at 1445 Grand Avenue Norwood, CO.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 2,418 sq ft commercial building constructed in 1955; Approximately .16 acre with the building; Adjoining .16‑acre corner commercial lot included
More about this property
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