1415 GrandNorwood, CO 81423MLS Number 35251

  • Price: $549,000
$/month over payments
Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.26Acreage
  • 13Bathroom
  • 1947Year Built
  • 4074Square Feet

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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.

Listed by Arleen Boyd of Pine Cone Realty

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More Info

Basic Information

  • Bathroom13


  • Acreage0.26
  • List Price$549,000
  • MLS Number35251
  • Property TypeCommercial Spaces Commercial
  • Parking DescriptionDesign Open
  • Property View DescriptionMain Street
  • Total Units13
  • Open Area Parking3 Car +
  • Year Remodeled201516


  • Address1415 Grand
  • SubdivisionNone
  • VillageNorwood, Town of - 51 (Major Area 50)
  • TownNorwood
  • CountySan Miguel
  • StateCO
  • Zip81423


  • ExteriorStucco
  • RoofingMetal


  • Tax Year2017
  • Annual Tax$9,830
  • AppliancesKitchenette, Microwave, Refrigerator
  • View Count7


  • Square Feet4074
  • Year Built1947
  • Approximate Age71
  • Square Foot SourceAssessor
  • SubstructureFrame
  • Green FeaturesXeriscape


  • RoomsBath(s), Kitchenette, Office

Water Body

  • WaterCity
Telluride Real Estate Corp. | Robert Stenhammer
Office: 970-708-7771
567 Mountain Village Blvd
#106 A
Telluride, CO 81435

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