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Mixed-Use Commercial Building
New
For Sale
$795,000

416 State St, Trinidad, CO 81082

The property combines laundry services, lodging, storage, offices, and an apartment under one commercial operation.

Property Size17,951 SF
Price / SF$46.76
Days on Market1

Property Features for 416 State St

General Information

Standard status Active
Size 17,951 SF
Property subtype Commercial

Additional Details

Highway Access Yes
Self-Storage Units 195

Taxes and HOA fees

Annual Taxes $5,435

Building Details

Building Size 17,951 SF
Year Built 1967
Units 1
Listing Agency: Pueblo Real Estate Associates, LLC
Listed By: Leanne Whitman · License #FA100017968
Source: Elliman
Added: Sep 12 Last Checked: Sep 12 at 2:49PM

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 Pueblo Real Estate Associates, LLC

Investment Insights

Based on property information with market context.

Built in 1967, this approximately 17,000-square-foot commercial property brings together several operating components. The improvements include a laundromat, 6 motel rooms, 195 storage units, flexible office areas, and a 1,600-square-foot apartment. The varied configuration supports multiple existing uses within a single property and includes residential space that may accommodate on-site occupancy or rental use.

The property is located at 416 State St in Trinidad, Colorado, within walking distance of Trinidad State Junior College. It is also positioned near multifamily and residential areas, with visual exposure from I-25. Additional site context includes a walk score of 49 and a bike score of 33, classified as Somewhat Bikeable.

Key Highlights

  • Approximately 17,000 square feet of commercial improvements
  • 195 storage units included
  • Laundromat, 6 motel rooms, and flexible office space

Property Analytics

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Current Use

Motels

Suggested Use

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

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

772
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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines laundry services, lodging, storage, offices, and an apartment under one commercial operation.
Where is this mixed-use property located?
The property is located at 416 State St Trinidad, CO.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Approximately 17,000 square feet of commercial improvements; 195 storage units included; Laundromat, 6 motel rooms, and flexible office space
More about this property
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