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    Hotchkiss, CO Crawford, CO Somerset, CO Cedaredge, CO Delta, CO Eckert, CO Austin, CO Olathe, CO
    Historic Mixed-Use Building with Kitchen
    Updated: Jul 2
    Historic Mixed-Use Building with Kitchen

    229 Grand Avenue, Paonia, CO 81428

    $425,000
    2,719 sqft 0.14 AC lot
    Historic 1935 Lamborn Building in downtown Paonia on Grand Avenue
    Renovated 2000–2001 including electrical rewiring, plumbing updates, foam roof, and new tile; sanded fir floors
    6 office spaces on the main level, each approximately 110 SF, plus a shared common area with wide entry hall, kitchen, and bathroom
    Basement level includes a 713 SF 1‑bedroom apartment with private entrance and garden spot
    Dining/restaurant use includes main‑level 245 SF dining and commercial kitchen space and basement 503 SF commercial kitchen space
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Paonia, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Restaurant and Short-Term Rental
    Mixed-Use Restaurant and Short-Term Rental

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

    $850,000
    9,365 sqft 0.38 AC lot

    Fully renovated building with a remodeled restaurant and five private short-term rental rooms.

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    Renovated Cedaredge Commercial Opportunity
    Renovated Cedaredge Commercial Opportunity

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

    $850,000
    9,365 sqft 0.38 AC lot

    Versatile property with restaurant and short-term rental income.

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    Thriving Coffee Bar Opportunity
    Thriving Coffee Bar Opportunity

    246 E Bridge St, Hotchkiss, CO 81419

    $332,500
    0.14 AC lot

    Turnkey coffee bar and shop in Hotchkiss, Colorado for sale.

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    Restaurant and Tavern on Bridge
    Restaurant and Tavern on Bridge

    170 E Bridge Street, Hotchkiss, CO 81419

    $380,000
    2,620 sqft

    Restaurant and tavern on refurnished Bridge Street in growing community.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Highway 92 Retail Outparcel Land
    Highway 92 Retail Outparcel Land

    1520 Highway 92, Delta, CO 81416

    $265,000

    Safeway outparcel with Highway 92 frontage and average daily traffic over 14,000 vehicles per day.

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    Build-Ready Commercial Land Parcel
    Build-Ready Commercial Land Parcel

    Crawford Avenue, Delta, CO 81416

    $119,900
    0.59 AC lot

    Cleared, build-ready B-2 zoned parcel with marked boundary lines and paid water and sewer taps in Delta, CO.

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    Commercial Lots in Booming Corridor
    Commercial Lots in Booming Corridor

    Tbd Lot 7 Hawk Parkway, Montrose, CO 81401

    $149,888

    Two commercial lots ready for development in a desirable location.

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    General Commercial Corner Lot
    General Commercial Corner Lot

    68671 Vernal Road, Montrose, CO 81403

    $449,000
    1.76 AC lot

    Corner commercial land with highway frontage and utilities in place, offering flexible development options for retail and services.

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    Paonia, CO Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Paonia, CO on our real estate platform. These investment opportunities span a total of 2,719 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for restaurant properties in Paonia, CO start at $425,000, averaging $425,000, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1

    Demographics Overview

    Population 3,767
    Population Growth (5Y) +15.1%
    Median Household Income $76,964
    College Educated 52.6%

    High-Yield Neighborhoods for Investment

    Identify Paonia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81428 $425K

    Taxes & Financing

    Tax Rate (average for all types) 6.60%
    Property Tax per SF $65.25 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Delta County

    New Delisted

    Total CRE Inventory on Market (SF)

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