911 Main St Trinidad, CO 81082
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.
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
Similar Nearby for Lease
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.