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Nestled in the heart of Glenwood Springs, this rare multi-use $1,699,000

1021 Grand Avenue, Glenwood Springs, CO 81601

12 br, 4.0 ba, 1994 4673 sf
Garfield County
Ad #: 6913137

Home For Sale near Roaring Fork River

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!

Property Details

  • Beds: 12
  • Baths: 4.0
  • Sq Feet: 4673
  • Year Built: 1994
  • Location: Roaring Fork River
  • Acres: 0.120
  • County: Garfield County
  • Community: Townsite of Glenwood Springs
  • Heat/AC: Hot Water(Heating), Forced Air
  • Siding: Frame
  • Roof:
  • Stories: 3
  • Property Taxes: $4,700
  • MLS #: 189162

Location

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Contact Information:

Contact Agent
Listing Agent: Shilo Bartlett, Compass Colorado LLC, 970-319-0064, 970-925-6063 Listing Site, Listing Status: Active
Copyright © 2025 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Glenwood Springs, Colorado
Ad Number : 6913137
Viewed: 14 times
Added: Nov 15, 2025
Updated on: Nov 15, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.