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1160 Grand Avenue

Norwood, CO 81423
  • $1,790,000
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: 40309
Price Reduced
UPDATED: 73 min ago
$1,790,000
  • 0
    BEDS
  • 1.63
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 8,153
    SQFT
  • $220
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

The Back Country Inn is quite the business opportunity for Investors or Owner/Operators.It has been completely remodeled in 2008 with high quality craftsmanship and high end finishes. The main Hotel has 10 spacious rooms with refrigerators, microwaves and coffee machines. The main Hotel building also has office space and 2 apartments in the back for Owner-operators or to rent out short or long term for more income. It can be configured into two 1 bedroom apartments or one 2 bed, 2 bath apartment. Also in back of the main building are more living opportunities with 4 newer Mobile Homes with room to add more and 7 RV spaces available. Also includes a large laundry room and showers in back. Plenty of room to expand or even sub-divide. Excellent management already in place. Turn keyoperation. Norwood is a thriving, up and coming community near Telluride Ski Resort. Nordic x-country ski trails, numerous hiking and biking trails. Miramonte Lake for fishing and boating and surrounded by BLM and National Forrest for hunting and recreating. Come and be a part of it.

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[Teullride Board of Realtors] logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. 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. 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. or Telluride Properties. Data last updated: 2022-05-26T18:49:34.513.

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1160 Grand Avenue Norwood, CO 81423

  • Price: $1,790,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 73 min ago
  • MLS #: 40309
0
Beds
16
Baths
0
½ Baths
1.63
Acres
8,153
SQFT
$220
$/SQFT
1953
Built
Neighborhood:
None
County:
San Miguel
Area:
Norwood, Town Of - 51 (Major Area 50)
Property Description
The Back Country Inn is quite the business opportunity for Investors or Owner/Operators.It has been completely remodeled in 2008 with high quality craftsmanship and high end finishes. The main Hotel has 10 spacious rooms with refrigerators, microwaves and coffee machines. The main Hotel building also has office space and 2 apartments in the back for Owner-operators or to rent out short or long term for more income. It can be configured into two 1 bedroom apartments or one 2 bed, 2 bath apartment. Also in back of the main building are more living opportunities with 4 newer Mobile Homes with room to add more and 7 RV spaces available. Also includes a large laundry room and showers in back. Plenty of room to expand or even sub-divide. Excellent management already in place. Turn keyoperation. Norwood is a thriving, up and coming community near Telluride Ski Resort. Nordic x-country ski trails, numerous hiking and biking trails. Miramonte Lake for fishing and boating and surrounded by BLM and National Forrest for hunting and recreating. Come and be a part of it.
Exterior Features

Construction FrameStone Exterior Finish StoneWood (Natural) Level Street Level Parking Design Open Special Location None Substructure Slab

Interior Features

Extra Rooms OfficeOther Total Units 16

Property Features

Business Inclusions BooksClients ListFixtures IncludedInventoryName Commercial Type Commercial Spaces Common Utilities Regular Phone Disclosures None Electric Power Company Gas Natural Major Area 50 Possession Tbd REO No RETT None Sanitation Sewer Short Sale No Sq Ft Source Assessor Tax Year 2022 Taxes 7272.80 Tenants 16+ Utility Phone Lines Regular Phone Utility Primary Heat Combination Water City Year Remodeled 2010.00 Zoning Commercial

Listing provided courtesy of Arleen Boyd of Pine Cone Realty.
[Teullride Board of Realtors] logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. 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. 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. or Telluride Properties. Data last updated: 2022-05-26T18:49:34.513.

 
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