341 Commercial St Trinidad, CO 81082
- Commercial real estate
- 5,300 SF
- 0.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 341 Commercial St
- Year built
- 1884
- Lot size
- 0.06 lot acres
- Property size
- 5,300 SF
- Property type
- Commercial real estate
- APN
- 139 01 000
- APU
- 13901000
Description
This exceptional investment opportunity presents a unique blend of commercial and residential properties located at 341 N Commercial St, Trinidad, CO 81082. The property, encompassing 5,300 square feet on a 2,400 square foot lot, consists of a historic building constructed in 1884 and renovated in 1916. Currently operating as a restaurant, bar, and apartment/Airbnb units, this mixed-use property offers established businesses within a thriving Southern Colorado entertainment and business district. The building features two stories and is situated in a Commercial Mixed Use zoned area. The asking price is $1,200,000, representing a price per square foot of $226.42 and a compelling 12% cap rate. This owner/user investment opportunity is ideal for those seeking a turnkey operation in a desirable location. The property's rich history and current profitability make it a rare find in the vibrant Southern Colorado market. The Las Animas County location provides easy access to the area's attractions and amenities. This is a chance to acquire a well-established business with significant upside potential in a rapidly growing region. The property's unique character and established businesses make it a truly exceptional investment opportunity. The APN is 13901000.
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
- -104.507
- Latitude
- 37.1707
