1160 Grand Avenue

    Norwood, CO 81423
    • $1,450,000
    • STATUS: Active
    • ON SITE: 710 days
    • MLS #: 34477
    UPDATED: 14 min ago
    $1,450,000
    • 0
      BEDS
    • 1.55
      ACRES
    • 16
      BATHS
    • 0
      1/2 BATHS
    • 8,153
      SQFT
    • $178
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Completely remodeled to Telluride Standards, The Back Country Inn is a anchor property for Norwood. The Builder/Owner (who teamed to build the Madeleine Hotel) went down to the studs, with new electrical, new sewer, new plumbing, new landscaping and new quality finishes. The 1.55 acres has plenty of room for expansion. The back of the property houses more income producing modular apartments, and has set ups for 7 RV spaces. With excellent management in place, and over $1,650,000 seller vested in costs, this is an excellent investment property with built in $200,000 in immediate equity, or opportunity to enjoy the fruits of self employment in the up and coming Norwood community.

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    © Copyright 2018 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Telluride Real Estate Corp.. Data last updated: 2018-12-16T17:49:25.253.

    www.searchtellurideproperties.com/homes/68918970

    1160 Grand Avenue Norwood, CO 81423

    • Price: $1,450,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 34477
    0
    Beds
    16
    Baths
    0
    ½ Baths
    1.55
    Acres
    8,153
    SQFT
    $178
    $/SQFT
    1953
    Built
    Neighborhood:
    None
    County:
    San Miguel
    Area:
    Norwood, Town Of - 51 (Major Area 50)
    Property Description
    Completely remodeled to Telluride Standards, The Back Country Inn is a anchor property for Norwood. The Builder/Owner (who teamed to build the Madeleine Hotel) went down to the studs, with new electrical, new sewer, new plumbing, new landscaping and new quality finishes. The 1.55 acres has plenty of room for expansion. The back of the property houses more income producing modular apartments, and has set ups for 7 RV spaces. With excellent management in place, and over $1,650,000 seller vested in costs, this is an excellent investment property with built in $200,000 in immediate equity, or opportunity to enjoy the fruits of self employment in the up and coming Norwood community.
    Exterior Features

    Construction Frame Exterior Finish LogStoneWood (Natural) Land Sq Ft 67518.00 Level Street Level Open Area Parking 3 Car + Parking Design Open Special Location Main StreetRural Substructure Slab View Village Fields &Mountains

    Interior Features

    Appliances DishwasherDryerKitchenetteMicrowaveRefrigeratorWasher Extra Rooms KitchenetteOfficeOtherStorage Primary Heat Electric Total Units 16

    Property Features

    Business Inclusions BooksClients ListFixtures IncludedInventoryName Commercial Type 35 Acres And Below Common Utilities Regular Phone Disclosures None Electric Power Company Historical Qualification No Major Area 50 Possession Upon Closing REO No RETT None Sanitation Septic Short Sale No Sq Ft Source Assessor Tax Year 2017 Taxes 9157.50 Tenants Short Term & Long Te Utility Phone Lines Regular Phone Utility Primary Heat Combination Water City Year Remodeled 2010.00 Zoning Commercial

    Listing provided courtesy of Polly Leach-Lychee of Telluride Properties.
    © Copyright 2018 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Telluride Real Estate Corp.. Data last updated: 2018-12-16T17:49:25.253.

     
    Telluride Real Estate Corp.
    232 W. Colorado Avenue
    Telluride CO, 81435