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Historic Downtown Live-Work Property

229 Grand Avenue Paonia, CO 81428

229 Grand Avenue, Paonia, CO, 81428
$425,000
For Sale
$425,000

Well-maintained historic building with renovated offices, a basement one-bedroom unit, and a small takeout restaurant plus commercial kitchen space.

Property Size2,719 SF
Price / SF$156.31
Days on Market46

Property Features for 229 Grand Avenue

General Information

Standard status
Active
Size
2,719 SF
Property subtype
Commercial / Multi-Use w/Res

Building Details

Year Built
1935
Listing agency Paonia Realty LLC
Listed by Ann Marie Gambino · License #FA100078825
Source Compass
Added: Jun 7 Updated: Jul 21 at 12:30PM Checked: Jul 21 at 12:30PM

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 Paonia Realty LLC


Investment Insights

Based on property information with market context.

This historic downtown live-work property features multiple income-producing components, all within a building that was extensively renovated between 2000 and 2001. Improvements include electrical rewiring, plumbing updates, a foam roof, sanded fir floors, new tile, and refurbished antique light fixtures that preserve the building’s historic character. The main level contains six office spaces that share a wide entry hall, kitchen, and bathroom.

The basement level includes a 713-square-foot one-bedroom apartment with a private entrance and a garden spot. A small takeout restaurant is also present, with space divided between the main level dining and commercial kitchen area and the basement commercial kitchen area. Additional amenities include a 120-square-foot covered patio with brick pavers.

The property is located on Grand Avenue in downtown Paonia and is offered for sale with both office and restaurant kitchen space, along with a separate residential apartment configuration.

Key Highlights

  • Historic Paonia Lamborn Building on Grand Avenue, built in 1935 and extensively renovated between 2000 and 2001.
  • 6 office spaces on the main level, each approximately 110 SF, plus shared common area, wide entry hall, kitchen, and bathroom.
  • 1503 SF main structure with a 9' ceiling height.

Property Analytics

Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Dental Office Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Electrical Service Building Supply Furniture & Home Goods Butcher Pharmacy Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Well-maintained historic building with renovated offices, a basement one-bedroom unit, and a small takeout restaurant plus commercial kitchen space.
Where is this live-work space located?
The property is located at 229 Grand Avenue Paonia, CO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Historic Paonia Lamborn Building on Grand Avenue, built in 1935 and extensively renovated between 2000 and 2001.; 6 office spaces on the main level, each approximately 110 SF, plus shared common area, wide entry hall, kitchen, and bathroom.; 1503 SF main structure with a 9' ceiling height.
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