911 Main St Trinidad, CO 81082
- Retail properties
- 1,200 SF
Current Use by Public Records
- Retail properties
Property Details for 911 Main St
- Year built
- 1998
- Property size
- 1,200 SF
- Property type
- Retail properties
Description
This exceptional opportunity presents a fully operational and profitable recreational marijuana dispensary in downtown Trinidad, Colorado. Located on Main Street, this 1,200 square foot establishment boasts a prime location with high visibility and convenient access, including ample parking. The dispensary, established in 2019, recently underwent a complete remodel, including repaving and restriping of the parking lot. The property features three points of sale, a manager's computer, and dedicated dispensing areas. All licenses (State of Colorado and City of Trinidad) are active and in good standing, with no violations. Projected 2023 sales are expected to surpass $900,000. A recent appraisal valued the real estate at $445,000. The sale price of $995,000 includes the real estate, improvements, dispensary equipment, and all associated licenses. Inventory is available for separate purchase. Proof of funds and a non-disclosure agreement are required for financial review. A second dispensary in Trinidad is also available for purchase, offering potential for expanded market reach. This turnkey operation presents a rare opportunity for significant return on investment in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trinidad
- County
- Las Animas
- State
- Colorado
- Longitude
- -104.496
- Latitude
- 37.1723
