1415 Grand

    Norwood, CO 81423
    • $549,000
    • STATUS: Active
    • ON SITE: 214 days
    • MLS #: 35251
    UPDATED: 72 min ago
    $549,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 13
      BATHS
    • 0
      1/2 BATHS
    • 4,074
      SQFT
    • $135
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:

    School Ratings & Info

    Description

    The Norwood Inn has functioned for many years as one of the most successful Hotels in Norwood with a year round customer base including summer travelers, fall hunting season regular guests, winter ski season and spring contractors. Each unit has a kitchen making it ideal for long term guests. The Inn has been meticulously maintained and just had a recent remodel with new stucco, painting, landscaping, new appliances, bathroom fixtures, lighting, new mattresses and bedding, etc. This is a wonderful opportunity for an owner/operator or an Investor with a cap rate of 16.5% at full asking price. Situated in the heart of downtown Norwood next to Clarks Market and walking distance to all shops and restaurants and just a short scenic drive to Telluride Ski Resort.

    Monthly Payment Calculator

    © 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 Properties. Data last updated: 2018-02-19T23:49:47.53.

    www.searchtelluriderealestate.com/homes/74944096

    1415 Grand Norwood, CO 81423

    • Price: $549,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 35251
    0
    Beds
    13
    Baths
    0
    ½ Baths
    0.26
    Acres
    4,074
    SQFT
    $135
    $/SQFT
    1947
    Built
    Neighborhood:
    None
    County:
    San Miguel
    Area:
    Norwood, Town Of - 51 (Major Area 50)
    Property Description
    The Norwood Inn has functioned for many years as one of the most successful Hotels in Norwood with a year round customer base including summer travelers, fall hunting season regular guests, winter ski season and spring contractors. Each unit has a kitchen making it ideal for long term guests. The Inn has been meticulously maintained and just had a recent remodel with new stucco, painting, landscaping, new appliances, bathroom fixtures, lighting, new mattresses and bedding, etc. This is a wonderful opportunity for an owner/operator or an Investor with a cap rate of 16.5% at full asking price. Situated in the heart of downtown Norwood next to Clarks Market and walking distance to all shops and restaurants and just a short scenic drive to Telluride Ski Resort.
    Exterior Features

    Construction Frame Exterior Finish Stucco Land Sq Ft 16753.00 Level Street Level Open Area Parking 3 Car + Parking Design Open Roof Metal Special Location None View Main Street

    Interior Features

    Appliances KitchenetteMicrowaveRefrigerator Extra Rooms Bath(S)KitchenetteOffice Primary Heat Gas Total Units 13

    Property Features

    Business Inclusions BooksClients ListFixtures IncludedInventoryName Commercial Type Commercial Spaces Common Utilities Dsl Disclosures None Gas Natural Green Features Xeriscape Major Area 50 Possession Execution Of Deed REO No RETT None Sanitation Sewer Short Sale No Sq Ft Source Assessor Tax Year 2017 Taxes 9830.26 Tenants 13 Utility Phone Lines Dsl Utility Primary Heat Gas Base Water City Year Remodeled 201516.00 Zoning Commercial

    Listing provided courtesy of Arleen Boyd of Pine Cone Realty.
    © 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 Properties. Data last updated: 2018-02-19T23:49:47.53.

    Telluride Properties
    237 South Oak Street
    Telluride CO, 81435