316 Prospect St Trinidad, CO 81082
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.