1655 Grand Ave Norwood, CO 81423
- Mixed-use properties
- 8,712 SF
- 0.20 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1655 Grand Ave
- Lot size
- 0.20 lot acres
- Property size
- 8,712 SF
- Property type
- Mixed-use properties
Description
This exceptional 0.2-acre lot, situated at 1655 Grand Avenue in the heart of Norwood, Colorado, presents a unique investment opportunity. Boasting a generous 8,712 square feet, this prime Main Street location offers unparalleled visibility and accessibility, making it ideal for a mixed-use development. The property's strategic positioning within a vibrant downtown area ensures high foot traffic and exposure to a diverse clientele. The surrounding area features a blend of established businesses, residential properties, and local amenities, creating a dynamic and thriving community. This lot is perfectly suited for a building combining commercial space on the ground floor with residential units above, catering to the diverse needs of the neighborhood. The inclusion of water and sewer taps simplifies the development process, reducing initial costs and accelerating project timelines. This rare opportunity to acquire a Main Street property in Norwood presents a significant chance to establish a lasting presence in a highly desirable location. The scarcity of such properties, coupled with its exceptional location and high potential for return on investment, makes this a truly remarkable opportunity for discerning investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norwood
- County
- San Miguel
- State
- Colorado
- Longitude
- -108.289
- Latitude
- 38.1308
