1450 Grand Ave Ave Norwood, CO 81423
This exceptional 6,490 square foot mixed-use building presents a unique investment opportunity in the heart of Norwood, Colorado. Situated on a sizable 0.45-acre lot, this substantial property offers unparalleled versatility. Originally constructed and utilized as a church, its adaptable layout opens doors to a wide range of possibilities. Imagine transforming this expansive space into a thriving yoga studio, creating modern apartments, or developing individual rental units – the potential is limited only by your vision. The building boasts a recently installed metal roof, approximately two years old, ensuring long-term durability and minimizing maintenance concerns. Its prominent downtown location provides excellent visibility and accessibility, making it an ideal choice for a variety of commercial ventures. The ample square footage and versatile floor plan provide a blank canvas for creative entrepreneurs and savvy investors seeking a high-impact property in a desirable Colorado mountain town. This is a rare chance to acquire a substantial building with significant upside potential in a vibrant and growing community. Don't miss this opportunity to own a piece of Norwood's dynamic future. The property's size and location make it a truly exceptional offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.