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Mixed-Use Building with Retail Frontage
For Sale
$749,900

401-407 N Commercial Street, Trinidad, CO 81082

Two leased storefronts and six apartments combine commercial occupancy with residential rentals in a downtown property.

Property SizeContact for details
Days on Market132

Property Features for 401-407 N Commercial Street

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Mixed-Use Components retail, residential
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $4,683

Building Details

Year Built 1908
Buildings 1
Units 8
Tenancy Multi
Listing Agency: Denver Real Estate Connection
Listed By: Kayla Okafor
Source: Denverrealestateconnection
Added: Jun 15 Changed: Oct 23 Last Checked: Oct 23 at 5:18PM

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 Denver Real Estate Connection

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Investment Insights

Based on property information with market context.

A renovated 1908 mixed-use building at 401-407 N Commercial Street combines two leased retail storefronts with six updated apartments. The residential units feature original hardwood floors, hot water heat, updated finishes, and newer appliances. Three apartments operate as long-term rentals and three as vacation rentals.

Located in downtown Trinidad, the property is zoned Commercial. The building has also been divided into condominiums, providing a separate ownership configuration for its components.

Key Highlights

  • Two leased retail storefronts and six updated apartments
  • Three apartments operate as long‑term rentals; three are used as vacation rentals
  • Built in 1908 and renovated, with original hardwood floors and hot water heat

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service Hair Salon Furniture & Home Goods

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

147
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased storefronts and six apartments combine commercial occupancy with residential rentals in a downtown property.
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 $749,900.
What are key features of this property?
This property features: Two leased retail storefronts and six updated apartments; Three apartments operate as long‑term rentals; three are used as vacation rentals; Built in 1908 and renovated, with original hardwood floors and hot water heat
More about this property
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