For Sale470 Days

$1,200,000

401-407 N Commercial Street
Trinidad, CO 81082

Commercial For Sale

13,104 Sq. Ft.

0.12 Acre Lot

1of50

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eXp Realty - ROCC

Description for 401-407 N Commercial Street, Trinidad, CO 81082

For Sale> Las Animas> Trinidad> 81082

Discover downtown living at its finest! This beautifully renovated building in Trinidad offers historic charm with modern amenities. Featuring two leased retail storefronts and six updated apartments, which 4 are used as long term rentals and the other 2 are used as vacation rentals, it’s an ideal investment opportunity. With original hardwood flooring, hot water heat, and newer appliances, each unit exudes elegance. Enjoy the vibrant atmosphere with shops, restaurants, and galleries just steps away. A CAP rate of over 8% and as a bonus, the building has already been divided into condominiums for future income potential for the savvy investor. Call me today for your own personal tour!

Property Details

Listing Details

Status: For Sale

Property Type: Commercial

Property Style:Special Purpose

Sale/Rent: For Sale

MLS#: REC5271482

Price: $1,200,000

List Date: 04/08/2024

Square Feet: 13,104 Sqft

Year Built: 1886

Sold Date:

Ownership Desc: Single Family

List Agent MLSID: REC55063061

Location Information

Country: US

State: CO

County: Las Animas

City: Trinidad

Zip Code: 81082

Street: Commercial

Street Number: 401-407

Street Suffix: Street

Longitude: W105° 29' 34.5''

Latitude: N37° 10' 16.4''

Street Dir Prefix: N

Entire Listing Display?: Yes

Garage/Parking

Carport?: No

Garage?: No

Interior Features

SecurityFeatures:Smoke Detector(s),Carbon Monoxide Detector(s)

Exterior Features

Private Pool: No

Spa: No

ConstructionMaterials:Stone

WaterFront and WaterAccess

Waterfront?: No

Land Info

Lot Size: 0.12 Acre

Road:Public

Rear Exposure: Nw

Zoning Code: Commercial

Parcel Number: 14443000

Land Lease Fee Freq: Monthly

CurrentUse:Commercial

RoadSurfaceType:Paved

Utilities

Sewer:Public Sewer

HOA Info

Stories: 3

HOA Fee Freq: Monthly

Unitsin Building: 8

Senior Community 55+: No

Rental Info

LeaseAmount: 9600

LeaseAmountFrequency: Monthly

Tax Info

Tax Desc: BACA LANDS PT-TRACT LT-7- AS DESCRIBED R D T NO.26486 AKA 401-403-407 N COMMERCIAL-

Taxes: $3,515

Tax Year: 2023

Listing Information

Office Name: eXp Realty - ROCC

Agent Name: Sarah Manshel

List Office MLSID: RECEXPC3

MLS: Recolorado

Original List Price: $1,200,000

Last Changed: 09/24/2024 15:41:22

BuildingFeatures:Storage

StructureType:Low Rise (1-3)

Utilities:Cable Available,Natural Gas Connected,Electricity Connected,Phone Connected

WaterSource:Public

Price History

Source: MLS

Date	Event	Price	Source
2024-04-08 04:37:48	For Sale	$1,200,000	MLS

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