1160 Grand Ave

Norwood, COLORADO 81423 View Map $1,450,000 Ask a Question
Baths16
Sq.Ft.8,183
Year1953
1160 Grand Ave Norwood, COLORADO 81423 | MLS 40309 Photo 1
1160 Grand Ave Norwood, COLORADO 81423 | MLS 40309 Map
Kevin Holbrook

Kevin Holbrook

(970) 729-1601
Broker Associate

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Status: Sold
Property Type:Commercial Spaces
MLS #:40309
Sq. Feet:8,183
Date Sold:7/14/2022
Lot Size:1.63 Acres
County:San Miguel County
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 key operation. 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.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/16/2022$1,950,000$1,790,000-8.2%
7/15/2022$1,790,000$1,450,000-19%

Community Information

Address:1160 Grand Ave, Norwood, COLORADO 81423
Area:Norwood/Redvale (Major Area 50)
County:San Miguel County
Town:Norwood
Subdivision:None
Zip Code:81423

Features / Amenities

Extra Rooms: Office, Other
Exterior Finish: Stone, Wood (Natural)
Gas: Natural
Electric: Power Company

Property Features

Lot Size: 1.63 Acres
Water: City
Electric: Power Company
Phone Line: Regular Phone
Primary Heat: Combination
Zoning:Commercial
Directions:On the Main street (Grand Avenue) at the west end of Norwood. South side. Back Country Inn sign.

Tax and Financial Info

Tenants: 16+
Legal Description: A TRACT OF LAND IN THE NW4NW4 27 45 13 DESCRIBED AS FOLLOWS BEG AT PT 2248 FT W AND 30 FT S OF QTR COR COMMON TO SECS 22
Disclosures: None

Schools

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Listing Information Last Updated 3/28/2024
Listing provided courtesy of Arleen Boyd, Pine Cone Realty.
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