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    911 Main St Trinidad, CO 81082

    For Sale
    $995,000

    Thriving Downtown Business, $995,000

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity presents a fully operational recreational cannabis dispensary in Trinidad, Colorado. Located on Main Street in the heart of downtown, this 1,200 square foot establishment boasts a prime location with high visibility and ample parking. The property, situated on a 0.193-acre lot, was built in 1998 and recently underwent a complete remodel, including repaving and restriping of the parking lot. The dispensary features three points of sale, a manager's computer, and extensive product display areas. All dispensing licenses are active and in good standing, with no violations. The business has consistently performed well, projecting over $900,000 in sales for 2023. A recent appraisal valued the real estate at $445,000. The asking price of $995,000 includes the real estate, improvements, dispensary licenses (State of Colorado and City of Trinidad), and existing equipment. Cannabis inventory is available for separate purchase. This turnkey operation offers immediate revenue generation and significant growth potential in a thriving market. The property is zoned for special purpose use. Proof of funds and a non-disclosure agreement are required for financial review. This is a rare opportunity to acquire a successful, established business with significant assets.

    Property Features for 911 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    1,200 SF
    Lot Size
    8,407 SF

    Building Details

    Year Built
    1998

    HighLights

    • $995,000 asking price for a 1,200 square foot retail restaurant building.
    • Located at 911 E Main St, Trinidad, CO 81082, on a 0.193‑acre lot.
    • Built in 1998, with Special Purpose zoning.
    • Includes a recreational cannabis dispensary business with active licenses and projected 2023 sales exceeding $900,000.
    • Recently remodeled with repaved parking lot; features three points of sale and ample product display areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Trinidad
    County
    Las Animas
    State
    Colorado
    Longitude
    -104.4963228
    Latitude
    37.1721345

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    FAQs

    What type of property is this?
    Restaurant - Thriving Downtown Business, $995,000
    Where is this restaurant located?
    The property is located at 911 Main St Trinidad, CO.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price for a 1,200 square foot retail restaurant building.; Located at 911 E Main St, Trinidad, CO 81082, on a 0.193-acre lot.; Built in 1998, with Special Purpose zoning.
    Request Owner's contact information
    911 Main St Trinidad, CO 81082
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    Trinidad, CO 81082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    911 Main St Trinidad, CO 81082
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