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.
Active
$1,450,000
218 4th Street, Paonia, CO 81428
10beds
33,860sqft
Est.:
Stick Built
Built in 1960
2.53 Acres Lot
$-- Zestimate®
$43/sqft
$-- HOA
What's special
Independent outside access doorsNew roofLarge parking areaBig industrial workshopMultiple bathroomsExisting infrastructureCamera security system
- 80 days
- on Zillow |
- 538 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: March 02, 2025 at 03:41pm
Listed by:
Marsha Brezonick 970-361-6305,
Needlerock Mountain Realty and Land, LLC,
Liz Heidrick 970-234-5344,
Needlerock Mountain Realty and Land, LLC
Source: CREN,MLS#: 820955

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- 3/4 bathrooms: 2
- 1/2 bathrooms: 8
Dining room
- Features: Kitchen/Dining
Kitchen
- Length: 670
Interior area
- Total structure area: 33,860
- Total interior livable area: 33,860 sqft
- Finished area above ground: 33,860
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Mountain(s), Other
Lot
- Size: 2.53 Acres
Details
- Parcel number: 324506184001
- Zoning description: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick Built
Materials
- Foundation: Slab
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Installed Paid
- Utilities for property: Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception, Phone Connected
Community & HOA
Community
- Subdivision: WA Clark Addition
HOA
- Has HOA: No
Location
- Region: Paonia
Financial & listing details
- Price per square foot: $43/sqft
- Date on market: 2/4/2025
- Electric utility on property: Yes
- Road surface type: Concrete
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