801 San Pedro AveTrinidad, CO 81082

Property Details for 801 San Pedro Ave

Year built

1884

Lot size

0.39 AC

Property size (Sq ft)

3,875 SF

Property type

Sports & entertainment properties

APN

111 17 900

APU

11117900

Description

This unique 4,500 square foot, two-story building, located at 801 San Pedro Ave, Trinidad, CO 81082, presents a remarkable investment opportunity. Built in 1884 and extensively renovated between 2022 and 2023, this historic sandstone church boasts a captivating blend of original character and modern updates. The property sits on a 0.4-acre lot and includes over 20 parking spaces, a fully equipped kitchen, a large open gathering area perfect for events, and a convenient elevator. The beautiful nave is a highlight, ready for your vision. Extensive renovations included complete repairs to all downspouts and below-grade drainage lines, replacement of the asbestos roof with a new sub-roof and shingles, and meticulous repair and tuckpointing of the exterior sandstone, including the turrets. All exterior window frames were repaired and sealed, and stained glass windows were protected with plexiglass. Security enhancements include a new high-security steel basement door, exterior fencing, and a new front gate. Interior renovations encompassed complete demolition and reconstruction of the second level, including new drywall, paint, and electrical work. The basement received new ductwork, air conditioning, and repairs to water damage. The kitchen plumbing was fully updated, and a new main water line backflow preventer was installed. This property is ideal for a variety of uses, from a private residence to a unique event space, offering significant potential in the vibrant Trinidad market. The APN is 11117900. The asking price is $650,000.

• CAP approach

  CAP return

  Valuation

  6%

  $494,540

  6.5%

  $456,498

  7%

  $423,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $243,316

  Geo Method

  $243,316

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,776,110

  Retail / Commercial

  $904,833

  Mixed-Use / Specialty

  $896,923

  Hospitality / Lodging

  $651,944

  Office

  $886,715

  Institutional / Educational

  $930,764

  Residential Income

  $1,088,990

  Multifamily

  $1,332,050

  Automotive / Energy

  $797,798

  Parking / Income-Based Land

  $279,939

  Restaurant / Food Service

  $456,498

  Healthcare / Senior Housing

  $924,582

Location Insight

City

Trinidad

County

Las Animas

State

Colorado

Latitude

37.1755

Longitude

-104.508

Property Tax & Assessments

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