Milton Arroyo - Coldwell Banker Distinctive Properties
1505 Grand Avenue
Norwood, CO 81423

Description

Opportunity Knocks! Now you can own a piece of the pie with this commercial/residential compound on Main Street in Norwood! 1 commercial space and 3 residential units are now available for the low price of $395,000. The largest building with main street frontage currently houses a liquor store and a studio apartment with a combined 1,619 sf. One can continue operation as a liquor store or turn it into your dream business. (FYI the inventory is not included in the sale) The other residential properties feature stand-alone homes with small yards. The larger home has 967 sf, two bedrooms and two baths. The smaller home lives as a 461 sf, 1 bedroom and 1 bath. Total residential rents would add up to approximately $1,500/month. Don't wait on this great investment opportunity!

Details

MLS#747069
Sub-TypeResale
StatusActive
Year1930
Days On Site170

Features

SQ Feet3,047
Story(s)1
Units4
ZoningCommercial

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Area Information

StateCO
CityNorwood
Zip Code81423
AreaWest End
Listing VS Median (in 81423)
Price:
$375,000
low | high
Med:
$225,000
90% of Average
SqFt:
3,047
low | high
Med:
0
100% of Average
$ / SqFt:
$123
low | high
Med:
$0
100% of Average
On Site:
170
low | high
Med:
237
71.729957805907% of Average
Listing Updated: 12/09/2018
MLS Number: 747069
Listing Provided By:
Joshua Rapaport  of  Telluride Properties



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