1250 Grand Ave Norwood, CO 81423

Property Details for 1250 Grand Ave

Year built

1956

Lot size

0.73 lot acres

Property size

2,578 SF

Zone code

C1

Property type

Turn key restaurants

APN

2010091380

APU

2010091380

Description

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.

Location Insight

City

Norwood

County

San Miguel

State

Colorado

Longitude

-108.295

Latitude

38.1305

Property Tax & Assessments