218 4th St Paonia, CO 81428
Property details
About 218 4th St
INCREDIBLE RE-DEVELOPEMENT OPPORTUNITY IN PICTURESQUE DOWNTOWN PAONIA. NEW ROOF COMINGSPRING 2025! Once a loved School Building, this 33,860 MOL sq ft building on 2.53 acres has been a vocational school, public meeting place and commercial training center. Recently this facility had 13 rooms totally updated! Several rooms have their own independent outside access doors, which sparks the imagination towards multi living units concept. Large meeting rooms with overhead projectors and a massive auditorium/gymnasium with hardwood flooring leaves room for even more creative thinking. Big industrial workshop with newer ventilation system set up for automative training or ???? Kitchen facility with dining area will need to be updated but has many valuable fixtures and features built right in. There are multiple bathrooms throughout the building including four that are ADA accessible. The building has a newer 96% efficient boiler, 208v 3 phase electric, camera security system and more. Large Parking area behind the building and the existing infrastructure will lend itself to multiple uses. The Town of Paonia domestic water line into the building is a 2" line, which can typically service 6-10 single family homes. Currently zoned Public, a change of use will require re-zoning by the Town of Paonia. Buyers should consult with the Town regarding any intended use. Imagine your project here within walking distance to the POPULAR TOWN PARK and Downtown Shopping District of Paonia. Western Colorado continues to attract wonderful people and we need to work and repurpose buildings like this to help keep our communities vital and strong. This is located in the OPPORTUNITY ZONE! Provenance is priceless in terms of memories here, but it is time for a new DREAM to take hold.
Highlights
Summary
- MLS Number: 820955
- Office Name: Needlerock Mountain Realty and Land, LLC
- Listing Agent: Marsha Brezonick
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Last updated on: 3/10/2025, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,450,000
218 4th St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $950,711 | $- |
| 2022 | $1,090,129 | $- |
| 2021 | $1,090,129 | $- |
| 2020 | $414,958 | $- |
| 2019 | $414,958 | $- |
| 2018 | $449,769 | $- |
| 2017 | $449,769 | $- |
History based on county public records data.
Nearby schools
7
Paonia Elementary School
Public District PK-6
0.1 mi
•430 Box Elder Ave
5
Cedaredge Elementary School
Public District KG-5
17.8 mi
•380 N Grand Mesa Dr
4
Garnet Mesa Elementary School
Public District KG-5
26.5 mi
•600 A St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $39,200. Most Paonia, CO residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
NASCAR
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
Oldsmobile
Ram
What do the neighbors listen to?
Classic Country
Oldies- Country
Frequently asked questions
About 218 4th St
This home is located at 218 4th St in Paonia, CO and zip code 81428. This 33,860 square foot home, which was built in 1960, sits on a 2.53 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $1,450,000.
Between January and February 2025, Paonia, CO real estate market has seen increase in the number of listings by 37.5%. In February 2025, listings were on the market for 119 days. During the same period, the median list price in this real estate market was $687,450.