For Sale
$1,200,000

341 Commercial StTrinidad, CO 81082

Prime Southern Colorado location, established businesses.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a unique blend of commercial and residential properties located at 341 N Commercial St, Trinidad, CO 81082. The property, encompassing 5,300 square feet on a 2,400 square foot lot, consists of a historic building constructed in 1884 and renovated in 1916. Currently operating as a restaurant, bar, and apartment/Airbnb units, this mixed-use property offers established businesses within a thriving Southern Colorado entertainment and business district. The building features two stories and is situated in a Commercial Mixed Use zoned area. The asking price is $1,200,000, representing a price per square foot of $226.42 and a compelling 12% cap rate. This owner/user investment opportunity is ideal for those seeking a turnkey operation in a desirable location. The property's rich history and current profitability make it a rare find in the vibrant Southern Colorado market. The Las Animas County location provides easy access to the area's attractions and amenities. This is a chance to acquire a well-established business with significant upside potential in a rapidly growing region. The property's unique character and established businesses make it a truly exceptional investment opportunity. The APN is 13901000.

Highlights

  • Strong tenant occupancy with established businesses.
  • High-traffic location with excellent visibility.
  • Significant upside potential for rental income growth.
  • Well-maintained building with modern amenities.
  • Strategic location in a thriving market.

Property Details for 341 Commercial St

Property type
Mixed-use properties, Hospitality properties
Square Feet
5,300 SF
Year Built/Renovated
1884/1916
Buildings
1
Stories
2

Location Insight

City
Trinidad
County
Las Animas
State
Colorado
Latitude
37.171131367634
Longitude
-104.50684192255
341 Commercial St, Trinidad, Colorado

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341 Commercial St
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