431 University St Trinidad, CO 81082
For Sale
1 / 36
This stunning, mixed-use commercial property, located at 431 University St in Trinidad, Colorado, presents a unique investment opportunity. Originally built in 1900 as the town's first Baptist Church, this meticulously renovated 2,210 square foot building retains its historic charm while offering modern functionality. The single-story structure sits on a 0.21-acre lot and is zoned for commercial use (APN: 13766800). The interior has been thoughtfully updated, preserving the building's character. A paved parking area and attractive backyard enhance the property's appeal. Its prime location just off I-25 and Highway 12 (a National Scenic Byway) ensures high visibility and accessibility. All furnishings are negotiable. The property is currently listed for $499,900 and is available for a 1031 exchange. This is a move-in ready opportunity to own a piece of Trinidad's history. A live auction is scheduled for November 21st, with bidding starting at $250,000. All offers are encouraged, whether cash or loan-based. Detailed seller reports and disclosures are available for download online.
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.