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    FOR SALE
    Sports & entertainment properties

    323 N Commercial St Trinidad, CO 81082

    6,592 SF 0.61 ac lot Built 1968
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US13-1670353
    323 N Commercial St, Trinidad, CO 81082 For Sale 1 / 52
    $625,000 6,592 SF
    323 N Commercial St, Trinidad, CO 81082
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    Property summary
    AI-generated overview

    This exceptional 6,592-square-foot commercial property in Trinidad, Colorado, presents a unique opportunity for a variety of businesses. Located downtown, this single-tenant space boasts a fully renovated interior, featuring fresh interior paint and texture, upgraded electrical and HVAC systems, new ceiling tiles, and enhanced plumbing. The stunning epoxy-sealed concrete floors add a modern touch. Architectural details include reconfigured interior walls and the re-exposed original garage door, showcasing a blend of modern updates and historical charm. A brand-new TPO roof ensures long-term durability. The space is white-boxed and ready for immediate occupancy. The layout includes a welcoming entrance reception area leading to a spacious event area, complemented by several versatile rooms suitable for a wide range of uses, such as a wellness center, small-scale manufacturing, art/music studios, a retail center, a makerspace, co-working, a youth center, or an entertainment venue. The property sits on 0.61 acres and includes 20 parking spaces. The building is a single-story structure built in 1968 and is zoned for commercial use within Las Animas County. Utilities, internet, and additional operating expenses are the responsibility of the tenant. A minimum one-year lease term is required. This property offers unparalleled flexibility and convenience, making it an ideal location for a thriving business.

    Property profile
    Verified
    Property type Sports & entertainment properties
    Use group RECREATIONAL, ENTERTAINMENT
    Year built 1968
    Total area 6,592 SF
    Lot 0.61 ac (26,659 SF)
    APN 121 04 500
    UPID US13-1670353
    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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    Owner & transaction history
    323 N Commercial Street LLC · 3 yrs held
    323 N Commercial Street LLC
    since 2023
    Last sale
    $469,000
    1 recorded transaction
    2023
    $469,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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