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Mixed-Use Building with Retail Frontage
For Sale
$799,900

401-407 N Commercial Street, Trinidad, CO 81082

Renovated historic building with leased retail storefronts and six updated apartments for diversified income.

Property Size8,736 SF
Price / SF$91.56
Days on Market70

Property Features for 401-407 N Commercial Street

General Information

Standard status Active
Size 8,736 SF
Property subtype Retail

Building Details

Year Built 1908
Listing Agency: eXp Realty - ROCC
Listed By: Sarah Manshel · License #FA100067471
Source: Xome
Added: May 30 Changed: Jul 10 Last Checked: Aug 7 at 4:00AM

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 - ROCC

Investment Insights

Based on property information with market context.

This renovated historic mixed-use building includes commercial frontage with two leased retail storefronts and six updated apartments. The residential units retain original hardwood floors while adding modern comfort, including hot water heat, updated finishes, and newer appliances. The building has been divided into condominiums, offering flexibility for an investor or future ownership structure.

Located in downtown Trinidad, the property is positioned for day-to-day foot traffic associated with retail and dining in the core business district. The setting supports both commercial tenants and residents who want nearby access to downtown services and attractions.

For buyers seeking a property that supports multiple income streams, the current mix of leased storefront space and apartment rentals provides an established operating layout. The condominium division may also appeal to buyers interested in managing units under a condominium structure or exploring future reconfiguration within the existing building framework. Schedule a private tour to review the storefront and residential components and discuss how the property aligns with your ownership goals.

Key Highlights

  • 1908 historic mixed‑use building with a corner lot.
  • Income includes two leased retail storefronts.
  • Six updated apartments with a current mix of 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.

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 - Renovated historic building with leased retail storefronts and six updated apartments for diversified income.
Where is this mixed-use property located?
The property is located at 401-407 N Commercial Street Trinidad, CO.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 1908 historic mixed‑use building with a corner lot.; Income includes two leased retail storefronts.; Six updated apartments with a current mix of three long‑term rentals and three vacation rentals.
More about this property
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