229 Grand AvePaonia, CO 81428

For Sale
$450,000

Downtown Paonia Commercial Gem

Overview

Added:
Feb 3
Days on market:
37
This exceptional mixed-use property, situated at 229 Grand Avenue in the heart of historic Paonia, Colorado, presents a unique investment opportunity. The 2,719 square foot building, situated on a 0.14-acre lot, underwent extensive renovations between 2000 and 2001. These renovations included complete electrical and plumbing updates, a new foam roof, refinished fir floors, and new tile, all while preserving the building's historic charm with refurbished antique light fixtures. The main level features six individual office spaces, each approximately 110 square feet, sharing a common area with a spacious entry hall, kitchen, and bathroom. A charming 120 square foot covered patio with brick pavers adds to the property's appeal. In the basement, a 713 square foot one-bedroom apartment offers a private entrance and a private garden area. Adding to the income potential is a small take-out restaurant, divided between the main and basement levels. The main level restaurant space encompasses 245 square feet, including dining area and commercial kitchen, while the basement provides an additional 503 square feet of commercial kitchen space. This versatile property offers a blend of commercial and residential space, presenting numerous possibilities for a savvy investor. The property is priced at $450,000.

Property Details for 229 Grand Ave

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
2,719 SF
Year Built
1935
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Paonia
County
Delta
State
Colorado
Latitude
38.86804
Longitude
-107.5975
229 Grand Ave, Paonia, Colorado

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229 Grand Ave
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