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Property profile & analytics
OFF-MARKET
Turn key restaurants

1250 Grand Ave Norwood, CO 81423

2,578 SF 0.73 ac lot Built 1956
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-1984177
Property summary
AI-generated overview

This exceptional 2,592 square foot multi-family property, situated on a 0.74-acre lot at 1250 Grand Avenue in Norwood, Colorado, presents a unique investment opportunity. The building currently features four bedrooms, one full bathroom, and two half bathrooms, offering significant versatility. Its adaptable layout lends itself to a variety of commercial uses, including professional offices, retail spaces (such as a tool rental store, liquor store, bank, convenience store, or restaurant), or even a combination live/work arrangement. The property boasts ample parking, with space for six or seven semi-trucks, and a significant advantage: a one-inch water tap. Additional features include a large walk-in cooler, ideal for various storage needs (meat, medical supplies, etc.). The building's exterior has been recently updated with new paint and a new metal roof. Its convenient location offers walkability to both the local school and bank. The sellers are highly motivated and are considering all offers, including potential owner financing with a 50% down payment. This property presents a compelling opportunity for a family business, or an investor seeking a high-return property in a desirable location. Don't miss this chance to acquire a versatile and well-located commercial property with significant upside potential.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Total area 2,578 SF
Lot 0.73 ac (31,973 SF)
Zoning code C1
APN 2010091380
UPID US13-1984177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Norwood Real Estate Company Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
1250 Grand Avenue LLC · 1 yrs held
1250 Grand Avenue LLC
since 2025
Last sale
$315,000
3 recorded transactions
2025
$315,000
2014
Price N/A
2009
$354,859
Zoning & alternative use
C1 · Norwood, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source revised land use code feb 20
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