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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

316 Prospect St Trinidad, CO 81082

2,024 SF 0.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a thriving grocery store in Trinidad, Colorado. Located at 316 Prospect St, this 2,024 square foot retail space sits on a 0.36-acre lot (APN 12998000) with Commercial zoning. Currently operating at 100% occupancy under a NNN lease, this single-tenancy property boasts a prime location, benefiting from high traffic volume due to its proximity to Highway 12 and a local college. The business has enjoyed over 27 years of successful operation and is now offered for sale at $325,000. The property's strategic placement near Grand Rental and Domino's Pizza ensures high visibility and accessibility. This established business offers a turnkey operation with significant potential for continued growth within the revitalized historic Trinidad business district. The expansive 15,625 square foot lot provides ample space and opportunity for future expansion or development. All city amenities are readily available. This is an exceptional opportunity for an entrepreneur looking to capitalize on a well-established business in a desirable location. The property's history of success, combined with its prime location and substantial lot size, makes it an attractive investment.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,024 SF
Lot 0.36 ac (15,682 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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