1021 Grand Avenue, Glenwood Springs, CO 81601
Local realty services provided by:ERA New Age
1021 Grand Avenue,Glenwood Springs, CO 81601
$1,699,000
- 12 Beds
- 4 Baths
- 4,673 sq. ft.
- Single family
- Active
Listed by: shilo bartlett, mike mercatoris
Office: compass aspen
MLS#:189162
Source:CO_AGSMLS
Price summary
- Price:$1,699,000
- Price per sq. ft.:$363.58
About this home
Nestled in the heart of Glenwood Springs, this rare multi-use property offers an outstanding opportunity
for investors seeking steady cash flow and long-term upside. The Glenwood Springs Hostel has a proven
rental track record, serving both short-term visitors and long-term tenants with its versatile layout and
income diversity. The property spans two well-maintained buildings: a charming historic front house
dedicated to nightly rentals, and a more modern rear building featuring a one-bedroom apartment and
additional short-term rental units. With dual zoning flexibility, multiple income streams, and unbeatable
proximity to the region's top attractions, this asset is primed for continued success. Whether you are an
owner-operator or a passive investor, 1021 Grand Avenue delivers both immediate returns and future
growth potential.
Two Buildings. Multiple Income Streams. Timeless Demand.
1021 Grand Avenue is composed of two purpose-built residences: a character-rich 191 O front home offering monthly lodging and a 1994 rear building featuring a long-term apartment over monthly room rentals. Designed to meet demand from both tourists and workforce renters, this well-diversified asset produces consistent monthly income from 22 beds, a separate apartment, and laundry facilities - with all units currently occupied.
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Home facts
- Year built:1994
- Listing ID #:189162
- Added:364 day(s) ago
- Updated:April 04, 2026 at 02:21 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,673 sq. ft.
Heating and cooling
- Heating:Forced Air, Hot Water
Structure and exterior
- Year built:1994
- Building area:4,673 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$1,699,000
- Price per sq. ft.:$363.58
- Tax amount:$4,699 (2024)
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