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Renovated Mixed-Use Building
For Sale
$749,900

401-407 N Commercial Street, Trinidad, CO 81082

Commercial Sale, Trinidad, CO

Property Size8,736 SF
Lot Size0.12 Acres
Price / SF$85.84
Days on Market72

Property Features for 401-407 N Commercial Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Lot features Corner Lot
Standard status Active
Size 8,736 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1908
Number of units 8
Building materials Wood Frame
Listing Agency: eXp Realty - ROCC
Listed By: Sarah Manshel · License #100067471
Added: Jun 15 Changed: Aug 24 Last Checked: Aug 25 at 2:06AM
MLS# 8335118

Copyright © 2026 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8,736-square-foot mixed-use building dates to 1908 and has undergone renovation while retaining original hardwood floors and other historic elements. The property includes two leased retail storefronts and six updated apartments, with three residences operated as long-term rentals and three as vacation rentals. Residential improvements include newer appliances, updated finishes, and hot water heat.

Set in downtown Trinidad, the building is within walking distance of shops, restaurants, galleries, entertainment, and the city’s arts district. The property has been divided into condominiums, providing a defined ownership structure across the mixed-use asset. Public water and public sewer serve the site, which encompasses 0.12 acres.

Key Highlights

  • 8,736‑square‑foot mixed‑use building on 0.12 acres
  • Two leased retail storefronts
  • Six updated apartments: 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

782
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 retail space with six updated apartments and condominium divisions.
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: 8,736‑square‑foot mixed‑use building on 0.12 acres; Two leased retail storefronts; Six updated apartments: three long‑term rentals and three vacation rentals
More about this property
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