1175 Grand Avenue, Norwood, CO 81423 (MLS# 44539)


$1,474,800
1175 Grand Avenue
Norwood, CO 81423
MLS# 44539



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Property Description
Exceptional mixed-use investment opportunity in a growing community serving as a desirable bedroom community to Telluride. This income-producing property features 2 commercial spaces and 6 residential units across two buildings, including a separate 3-bedroom, 1-bath home. The main building offers five rental units plus two commercial spaces, creating a diverse and stable income stream. Ample parking, on-site laundry facilities, and additional storage. With a strong rental history and consistent income performance, this turnkey property is ready to go while still offering future upside and investment potential in an increasingly desirable market with continued regional growth and housing demand.

Details
Documents
Listing & Location Info
Major Area: 50
Lot #: 31-36
Keywords Info
# Of Tenants: 8
Full Baths: 6
Half Baths: 2
General Info
Land SqFt: 21450
Nbr of Acres: 0.55
Zoning: Residential/Commercial
Legal: LOTS 31 THRU 36 BLK 6W BLIZILS SUB NORWOOD SW4 SEC22 45N 13W NMPM
Est Finished SqFt: 5939
Source SqFt: Architect
Year Remodeled: 2024
Directions: Property is located on the west end of Norwood at the north west intersection of Grand Ave and Lincoln Street.
Subdivision: None
Year Built: 1974
Financing Info
Taxes: 4930.98
Tax Year: 2025
RETT: None
Assessor's Acct #: R2010213606
Utility Info
Phone Lines: Regular Phone
Primary Heat: Combination
Disclosures
Leased: 1
Level
Street Level: 1
Water
City: 1
Roof
Metal: 1
Sanitation
Sewer: 1
Primary Heat
Electric: 1
Open Area Parking
3 Car +: 1
Special Location
Main Street: 1
Gas
Natural: 1
Electric
Power Company: 1
Common Utilities
Regular Phone: 1
Listing Location Info
Current Price: $1,474,800
Sub-Type: Mixed Use
Area: Norwood/Redvale (Major Area 50)
Asking Price: 1474800
Street #: 1175
Street Name: Grand
Street Suffix: Avenue
City/Town: Norwood
County: San Miguel County
State/Province: CO
Postal Code: 81423
Status Change Info
Status: Active
Property Features
Disclosures: Leased
Level: Street Level
Roof: Metal
Primary Heat: Electric
Gas: Natural
Electric: Power Company
Common Utilities: Regular Phone
Open Area Parking: 3 Car +
Special Location: Main Street

IDX
Listing Office: Telluride Real Estate Brokers, Inc.
Listing Agent: Brigitte dePagter Kusuno

Last Updated: June - 01 - 2026

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