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$1,699,000
12bed
4bath
4,673 sfsquare feet
0.12acacres
1021 Grand Avenue, Glenwood Springs, CO, 81601

1021 Grand Avenue, Glenwood Springs, CO 81601

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.



Contact us today for details or a private tour!
Listing Courtesy of Shilo Bartlett Slifer Smith & Frampton RFV - (970) 925-8088
Source Aspen Glenwood MLSMLS Logo
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DETAILS

  • Mls Id
    187618
  • Status
    Active
  • Property Type
    Residential
  • Style
    Other,Two Story
  • Total Baths
    4
  • Full Baths
    4
  • Bedrooms
    12
  • Parking Features
  • Location
    Glenwood Springs
  • Area
    Glenwood Proper
  • Neighborhoood
    Townsite of Glenwood Springs
  • Year Built
    1994
  • Total SF
    4,673
  • Acres
    0.12
  • Lot Size
    5,300
  • Property Condition
    Good
  • Heating
    Yes
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Fiona Hagist | Broker Associate
 

O: 970.544.5800

M: 970.300.8302

Fiona@ChristiesAspenRE.com

Christie's International Real Estate Aspen Snowmass
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520 E Durant Ave Ste 205, Aspen, CO 81611 ­

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