316 Prospect St Trinidad, CO 81082
- Retail properties
- 2,024 SF
- 0.36 lot acres
Current Use by Public Records
- Retail properties
Property Details for 316 Prospect St
- Lot size
- 0.36 lot acres
- Property size
- 2,024 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trinidad
- County
- Las Animas
- State
- Colorado
- Longitude
- -104.513
- Latitude
- 37.1693
