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401-407 N Commercial St

Trinidad, CO 81082
  • $1,200,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 24-266
UPDATED: 49 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,104
    SQFT
  • $92
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1886
County:
Area:

School Ratings & Info

Description

Discover downtown living at its finest! This beautifully renovated building in Trinidad offers historic charm with modern amenities. Featuring two leased retail storefronts and six updated apartments, which 4 are used as long term rentals and the other 2 are used as vacation rentals, it's an ideal investment opportunity. With original hardwood flooring, hot water heat, and newer appliances, each unit exudes elegance. Enjoy the vibrant atmosphere with shops, restaurants, and galleries just steps away. A CAP rate of over 8% and as a bonus, the building has already been divided into condominiums for future income potential for the savvy investor. Call me today for your own personal tour!

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© 2024 Spanish Peaks MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bachman & Associates. Data last updated: 2024-05-20T20:26:15.483.
www.southerncoloradoproperty.com/homes/149658319
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401-407 N Commercial St Trinidad, CO 81082

  • Price: $1,200,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 49 min ago
  • MLS #: 24-266
0
Beds
0
Baths
0
½ Baths
N/A
Acres
13,104
SQFT
$92
$/SQFT
1886
Built
Neighborhood:
No Subdivision
County:
Las Animas
Area:
Trinidad
Property Description
Discover downtown living at its finest! This beautifully renovated building in Trinidad offers historic charm with modern amenities. Featuring two leased retail storefronts and six updated apartments, which 4 are used as long term rentals and the other 2 are used as vacation rentals, it's an ideal investment opportunity. With original hardwood flooring, hot water heat, and newer appliances, each unit exudes elegance. Enjoy the vibrant atmosphere with shops, restaurants, and galleries just steps away. A CAP rate of over 8% and as a bonus, the building has already been divided into condominiums for future income potential for the savvy investor. Call me today for your own personal tour!
Exterior Features

Lot Description Corner Lot Road City Roofing Built-UpOther

Interior Features

Ceiling Height 11 - 15 Ft8 - 10 Ft Flooring Carpet Over WoodCeramic TileVinylWood Heating Gas Sq Ft Retail 4368.00 Total Bathrooms 10.00 Total Rooms 21 Walls PlasterSheet Rock

Property Features

Building Features Display WindowLiving Space Construction Other Const Gas Natural Gas Other Utilities Cable TVTelephone Owner Paid Exp Building RepairsJanitorMechanical RepairsProperty InsReal Estate TaxesWater/Sewer Plumbing CopperPlastic Restrictions No Safety Features Fire AlarmOther Safety FeatureSmoke/Heat Detector Sewer City Tax Year 2023 Taxes 3515.00 Tenant Paid Exp ElectricityGasInternal Repairs Type Of Business Other Business Water City Zoning Commercial

Listing information © 2024 Spanish Peaks MLS.
Listing provided courtesy of eXp Realty LLC: (888) 440-2724.



© 2024 Spanish Peaks MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bachman & Associates. Data last updated: 2024-05-20T20:26:15.483.
 
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La Veta CO, 81055