401-407 N Commercial Street,Trinidad, CO 81082
Trinidad, CO 81082
Description
Income-producing mixed-use property in the heart of downtown Trinidad below appraised value. This beautifully renovated historic building offers a rare combination of commercial frontage, residential income, and long-term upside. Featuring two leased retail storefronts plus six updated apartments currently operated as three long-term rentals and three vacation rentals this property is already working as a diversified investment. Inside, the building blends historic character with modern comfort, including original hardwood floors, hot water heat, updated finishes, and newer appliances throughout the residential units. Its downtown location puts tenants and guests just steps from Trinidad's shops, restaurants, galleries, entertainment, and growing arts district. Even better, the building has already been divided into condominiums, creating future flexibility and added income potential for the right investor. A strong downtown asset with multiple revenue streams, historic charm, and room for strategic growth.
Details
| MLS # | 836000 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1886 |
| Days On Site | 71 |
| Listing Provided By | eXp Realty, LLC | Sarah Manshel |
Features
| Bath(s) | 10 Total |
|---|---|
| SQ Feet | 13,104 |
| Story(s) | 3 |
| Units | 8 |
| Zoning | Commercial |
| Acreage | 0.12 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Natural Gas |
| Furnished | Unfurnished |
Exterior
| Roof | Built Up, Other |
|---|
Utilities
| Utilities | Sewer Available |
|---|
Other
| List Aor | Other Unspecificed |
|---|
Taxes
| Property | 4683 |
|---|
Area Information
| State | CO |
|---|---|
| County | Las Animas |
| City | Trinidad |
| Zip Code | 81082 |
| Area | Other Area |
| Listing VS Median (in 81082) | |
Price: $749,900 low | high Med: $299,950 sqft: 13,104 low | high Med: 3,806 $ / sqft: $57 low | high Med: $83 On site: 71 low | high Med: 481 | |
Market Activity 81082
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Learn More About This Property
| State | CO |
|---|---|
| County | Las Animas |
| City | Trinidad |
| Zip Code | 81082 |
| Area | Other Area |
| Listing VS Median (in 81082) | |
Price: $749,900 low | high Med: $299,950 sqft: 13,104 low | high Med: 3,806 $ / sqft: $57 low | high Med: $83 On site: 71 low | high Med: 481 | |