1175 Grand Ave. Norwood, CO 81423
Exceptional mixed-use investment opportunity
Marketing 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.
Investment highlights
With a diversified mix of commercial and residential tenants, this property provides investors with immediate cash flow and long-term appreciation potential. The combination of strong occupancy history, strategic Main Street location, and continued regional growth makes this a compelling opportunity for investors seeking stable returns in Southwest Colorado. Large Building is 5,264 SQFT small house is 675 SQFT.
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