201 Main St Trinidad, CO 81082-2710
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.