Commercial Sale · Active

1175 Grand Avenue

Norwood, CO 81423

8 Baths

$1,474,800

Mixed Use

Property Type

0.55 acres

Lot Size

1974

Year Built

44539

MLS #

About This Property

Exceptional mixed-use investment opportunity in a growing community serving as a desirable bedroom community to Telluride. This income-producing property features 2 commercial spaces and 6 residential units across two buildings, including a separate 3-bedroom, 1-bath home. The main building offers five rental units plus two commercial spaces, creating a diverse and stable income stream. Ample parking, on-site laundry facilities, and additional storage.

With a strong rental history and consistent income performance, this turnkey property is ready to go while still offering future upside and investment potential in an increasingly desirable market with continued regional growth and housing demand.

150 days on market

Listed by Brigitte dePagter Kusuno & Dirk A DePagter · Telluride Real Estate Brokers, Inc. · 970-728-6667

Last updated: 6/9/2026 1:01 PM · Source: Telluride Association of REALTORS®, MLS#: 44539

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
Subdivision None
MLS # 44539
Days on Market 150
Full Baths 6
Half Baths 2

More Details

Year Built 1974
Lot Size (Sq Ft) 21,450
Acres 0.55
Annual Taxes $4,931
Tax Year 2025
State CO
County San Miguel County

Interior

Heating Electric

Building & Lot

Sewer Septic Tank
New Construction No

Location

Price History

DateEventPrice
6/1/2026 Listed for sale
Source: Telluride Association of REALTORS® #44539
$1,474,800 +447.2%
12/15/2016 Sold
Source: Telluride Association of REALTORS® #31330
$269,500 -2.0%
3/10/2015 Listed for sale
Source: Telluride Association of REALTORS® #31330
$274,900
6/2/2004 Sold
Source: Telluride Association of REALTORS® #14100
$275,000 -15.4%
5/13/2003 Listed for sale
Source: Telluride Association of REALTORS® #14100
$325,000

© Copyright 2026 by Telluride Association of REALTORS, Inc.

Listing information last updated June 9, 2026 at 1:01 PM.

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