911 Main St Trinidad, CO 81082
- Retail properties
- 1,200 SF
- 0.19 lot acres
Current Use by Public Records
- Retail properties
Property Details for 911 Main St
- Year built
- 1998
- Lot size
- 0.19 lot acres
- Property size
- 1,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
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
- 37.1721
