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Downtown Corner Multifamily Opportunity
For Sale
$1,150,000

307 East Jasper Avenue, Granby, CO 80446

Two multi-unit buildings on a corner lot with utilities in place, totaling eight units in downtown Granby.

Property Size5,826 SF
Price / SF$197.39
Days on Market49

Property Features for 307 East Jasper Avenue

General Information

Standard status Active
Size 5,826 SF
Property subtype Commercial
Zoning Central Business District

Additional Details

Utilities to Site Yes
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $3,816

Building Details

Year Built 1924
Tenancy Multi
Listing Agency: Real Estate of Winter Park
Listed By: Elle K Soles · License #100072257
Source: Amberlemon
Added: Jul 14 Changed: Aug 26 Last Checked: Aug 31 at 5:05PM

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 Real Estate of Winter Park

Investment Insights

Based on property information with market context.

This for-sale residential income property consists of two multi-unit buildings on an extra-large corner lot. In total, the buildings provide 8 units: one building located closest to Jasper Ave is described as a 1924 schoolhouse and currently offers four one-bedroom condos that require significant work, with the option to reconfigure and renovate or consider redevelopment. The second brick building contains four two-bedroom, one-bath condos that also need renovation, with the interior reported as having been cleaned up by the seller.

The property is currently zoned Central Business District and is described as being about one block from Main Street, with parking available on-site. Electric, natural gas, water, and sewer are noted as being at the property.

This asset is suited for buyers evaluating renovation of existing condo units or potential redevelopment given the existing building structure and Central Business District zoning.

Key Highlights

  • 2 multi‑unit buildings on an extra‑large corner lot in downtown Granby, totaling 8 units.
  • Year built: 1924 (building closest to Jasper Ave), originally built as a schoolhouse.
  • Central Business District zoning and utilities on site: electric, natural gas, water, and sewer.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 80446, CO

3,998
Population
3,333
Households
1.2
Avg Household Size
43
Median Age
42%
College-Educated
98%
High-School Grad
368.2 sq mi
ZIP Area
11
Density / Sq Mi
$87,762
Median Household Income
$49,345
Median Earnings
$1,393
Median Rent
$506,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two multi-unit buildings on a corner lot with utilities in place, totaling eight units in downtown Granby.
Where is this apartment building located?
The property is located at 307 East Jasper Avenue Granby, CO.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2 multi‑unit buildings on an extra‑large corner lot in downtown Granby, totaling 8 units.; Year built: 1924 (building closest to Jasper Ave), originally built as a schoolhouse.; Central Business District zoning and utilities on site: electric, natural gas, water, and sewer.
More about this property
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