Prime Main Street location in the heart of downtown Norwood, this generous sized .20 acre lot presents an enticing opportunity for entrepreneurs seeking a prime location for their new venture. Its strategic positioning ensures high visibility and easy access, making it an ideal spot for a blend of commercial and residential purposes. This opens up possibilities for mixed-use buildings, where ground-floor commercial spaces can coexist harmoniously with a residential unit, catering to the diverse needs of the neighborhood while maximizing potential. The surrounding area is vibrant, with a mix of established businesses, residential neighborhoods, and amenities, creating a dynamic environment ripe for investment. The water and sewer taps are included. This rare lot on the main street offers a once-in-a-lifetime chance to secure a prized piece of real estate in a highly coveted location. Its scarcity, combined with its prime positioning and investment potential, makes it a standout opportunity for those looking to make a lasting impact in the heart of the community.
Large building on 5 1/2 lots in downtown Norwood, Co. Built and used as a Church, but now can be anything. Maybe a yoga studio. or converted to apartments, or units. Come and see it. Newer metal roof about 2 years old.
Motivated sellers. Four bedroom one bath, two half baths, It could be remodeled into professional offices, or any number of retail businesses. Perhaps a tool rental store. ONE INCH WATER TAP, and room to park six or seven semi-trucks. Maybe a drive thru liquor store or a bank or convenience store. or a restaurant. Live and work in the same building. The perfect family business opportunity. Walk to school. walk to the bank. Perhaps a clothing store, or Thrift store. It also has a large walk-in cooler. Maybe meat storage? or medical storage? The owners are considering all offers. Would make a great Real Estate Office. New exterior paint, and new metal roof. Possible owner financing with half down.
The median home value in Norwood, CO is $423,000. This is lower than the county median home value of $1,372,100. The national median home value is $338,100. The average price of homes sold in Norwood, CO is $423,000. Approximately 44.17% of Norwood homes are owned, compared to 41.67% rented, while 14.17% are vacant. Norwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norwood real estate agent to arrange a tour today!
Norwood, Colorado has a population of 551. Norwood is more family-centric than the surrounding county with 33.08% of the households containing married families with children. The county average for households married with children is 32.16%.
The median household income in Norwood, Colorado is $51,842. The median household income for the surrounding county is $70,965 compared to the national median of $69,021. The median age of people living in Norwood is 32.8 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 11.6 degrees. The average rainfall is approximately 16.8 inches per year, with 73.9 inches of snow per year.