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1175 Grand Avenue, Norwood, CO 81423

$1,474,800
Property Type: Commercial/Industry Lot Size (sq. ft.): 21,450 Status: Active
Current Price: $1,474,800 List Date: 6/01/2026 Last Modified: 6/09/2026

Overview

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.

Listing Details MLS# 44539

Listing Location Info

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

Keywords Info

# Of Tenants
8
Full Baths
6
Half Baths
2

General Info

Land SqFt
21450
Nbr of Acres
0.55
Subdivision
None
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
Directions
Property is located on the west end of Norwood at the north west intersection of Grand Ave and Lincoln Street.
Year Built
1974
Year Remodeled
2024

Financing Info

Assessor's Acct #
R2010213606
Taxes
4930.98
Tax Year
2025
RETT
None

Utility Info

Phone Lines
Regular Phone
Primary Heat
Combination

More Information

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

Documents

IDX
Listing Office: Telluride Real Estate Brokers, Inc.
Listing Agent: Brigitte dePagter Kusuno
Last Updated: June - 09 - 2026
The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing.
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