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Property profile & analytics
OFF-MARKET
Sports & entertainment properties

201 Main St Trinidad, CO 81082-2710

2,727 SF 0.03 ac lot Built 1908
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US13-1649489
Property summary
AI-generated overview

This exceptional commercial property, located at 201 East Main Street in Trinidad, Colorado, presents a unique opportunity for businesses seeking a vibrant downtown location. The building, constructed in 1908 and renovated in 1998, offers 1,364 square feet of immediately available space within a total building size of 2,727 square feet. The property is a single-tenant space, ideal for a variety of uses, given its past occupancy as a bank, financial advisor offices, therapeutic space, and tea shop. The space features an ADA-compliant bathroom and access to a basement, which can be included in a lease agreement if desired. Recent improvements include new plumbing throughout the building. The property boasts excellent visibility with ample window space perfect for signage, enhanced by an existing awning covering the front door and windows. The building is a two-story structure situated on the corner of Main and Maple Streets, offering high foot traffic and prominent street presence. While an upstairs apartment (currently an AirBnB with positive reviews) is not included in this lease, the ground floor space offers a compelling opportunity for a long-term lease arrangement. Utilities are not included in the lease. This property is located in Las Animas County.

Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1908
Total area 2,727 SF
Lot 0.03 ac (1,307 SF)
APN 109 22 600
UPID US13-1649489
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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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
201 Carlisle LLC · 7 yrs held
201 Carlisle LLC
since 2019
4 recorded transactions
2021
Price N/A
2019
$299,000
2017
$260,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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