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Renovated Historic Mixed-Use Building
For Sale
$749,900

401-407 Commercial, Trinidad, CO 81082

Downtown property combines leased storefronts with updated apartments and condominium flexibility.

Property Size13,104 SF
Price / SF$57.23
Days on Market61

Property Features for 401-407 Commercial

General Information

Standard status Active
Size 13,104 SF
Property subtype Mixed Use

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $4,683

Amenities

3
71 x 71 feet

Building Details

Year Built 1886
Buildings 1
Tenancy Multi
Listing Agency: eXp Realty, LLC
Listed By: Sarah Manshel · License #FA100067471
Source: Xome
Added: Jun 11 Changed: Aug 10 Last Checked: Aug 10 at 4:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1886, this 13,104-square-foot mixed-use building at 401-407 Commercial combines two leased retail storefronts with six updated apartments. The residential component is operated as three long-term rentals and three vacation rentals, creating a combination of commercial and residential occupancy within one property. Renovated interiors retain original hardwood floors while incorporating hot water heat, updated finishes, and newer appliances throughout the apartments.

The property is positioned in downtown Trinidad, steps from shops, restaurants, galleries, entertainment, and the city’s growing arts district. Its 71 x 71-foot footprint supports a clearly defined mixed-use configuration, and the building has been divided into condominiums, providing additional flexibility for future ownership or operational planning.

Key Highlights

  • 13,104‑square‑foot mixed‑use building at 401‑407 Commercial, Trinidad, CO 81082
  • Two leased retail storefronts and six updated apartments
  • Residential units include three long‑term rentals and three vacation rentals

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store Hair Salon (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

741
Businesses Nearby

Demographics for 81082, CO

12,026
Population
6,121
Households
2
Avg Household Size
46
Median Age
17%
College-Educated
91%
High-School Grad
768.2 sq mi
ZIP Area
16
Density / Sq Mi
$54,788
Median Household Income
$37,237
Median Earnings
$915
Median Rent
$219,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines leased storefronts with updated apartments and condominium flexibility.
Where is this mixed-use property located?
The property is located at 401-407 Commercial Trinidad, CO.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 13,104‑square‑foot mixed‑use building at 401‑407 Commercial, Trinidad, CO 81082; Two leased retail storefronts and six updated apartments; Residential units include three long‑term rentals and three vacation rentals
More about this property
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