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    323 Commercial St Trinidad, CO 81082

    For Sale
    $750,000

    Updated Office Building, Lease Options Available

    Property size:
    6,592 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 6,592 square foot office building, situated on a 0.61-acre lot in downtown Trinidad, CO, presents a unique investment opportunity. Recently renovated, the property boasts a completely refreshed interior. All interior walls have been repainted and textured, and the electrical, HVAC, and plumbing systems have undergone significant upgrades. New ceiling tiles enhance the modern aesthetic. The original concrete floors, revealed after removing outdated carpeting and vinyl tile, have been sealed with epoxy for a polished, contemporary look. Interior walls have been reconfigured to maximize functionality and flow, and the original garage door has been creatively re-exposed, adding architectural interest and versatility to the space. A brand-new TPO roof ensures long-term durability and protection. The building features a welcoming entrance reception area leading to a large event space, perfect for a variety of uses. Multiple rooms of varying sizes line the halls, ideal for individual offices, studios, or retail spaces. Convenient men's and women's locker rooms, each complete with a dry sauna, add a unique amenity. This move-in ready space is white-boxed, allowing for complete customization to suit your specific business needs. The property is offered at $750,000, and lease options are available for qualified tenants. This prime downtown location offers unparalleled visibility and accessibility, making it an ideal choice for a wide range of businesses.

    Property Features for 323 Commercial St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,592 SF
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trinidad
    County
    Las Animas
    State
    Colorado
    Longitude
    -104.5069
    Latitude
    37.17073

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    FAQs

    What type of property is this?
    Office Property / Space - Updated Office Building, Lease Options Available
    Where is this office property / space located?
    The property is located at 323 Commercial St Trinidad, CO.
    What is the asking price?
    The asking price for this property is $750,000.
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    323 Commercial St Trinidad, CO 81082
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    Trinidad, CO 81082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    323 Commercial St Trinidad, CO 81082
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