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

401 N Commercial Street, Trinidad, CO 81082

Two retail storefronts and six apartments combine commercial occupancy with residential rentals in a downtown setting.

Property Size13,104 SF
Price / SF$57.23
Days on Market4

Property Features for 401 N Commercial Street

General Information

Standard status Active
Size 13,104 SF
Property subtype Commercial
Zoning Commercial, Commercial

Additional Details

Mixed-Use Components retail, residential
Multifamily Units 6
Tenant in Place Yes

Building Details

Building Size 13,104 SF
Buildings 1
Units 8
Tenancy Multi
Listing Agency: Grand Mesa Real Estate Services
Listed By: Lucinda Stanley
Source: Grandmesares
Added: Oct 21 Changed: Oct 24 Last Checked: Oct 24 at 2:41PM

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 Grand Mesa Real Estate Services

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Investment Insights

Based on property information with market context.

This 13,104-square-foot historic mixed-use building contains two leased retail storefronts and six updated apartments. The residential units are operated as three long-term rentals and three vacation rentals. Interior features include original hardwood floors, hot water heat, updated finishes and newer appliances in the apartments. The property is zoned Commercial and has been divided into condominiums.

Located at 401 N Commercial Street in downtown Trinidad, the building is near shops, restaurants, galleries and entertainment. Its mix of retail and residential space supports both commercial and rental uses.

Key Highlights

  • 13,104 square feet in a historic mixed‑use building
  • Two leased retail storefronts
  • Six updated apartments: three long‑term rentals and three vacation rentals

Property Analytics

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Current Use

Storefront properties

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 retail storefronts and six apartments combine commercial occupancy with residential rentals in a downtown setting.
Where is this mixed-use property located?
The property is located at 401 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: 13,104 square feet in a historic mixed‑use building; Two leased retail storefronts; Six updated apartments: three long‑term rentals and three vacation rentals
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