401-407 N Commercial St - Specialty FOR SALE


Trinidad, CO 81082
$1,200,000 USD
719-497-5556
401-407 N Commercial St, Trinidad, CO for Sale
$1,200,000 USD
Specialty - FOR SALE
1/56
null | 8.25% Cap Rate

401-407 N Commercial St
Trinidad, CO 81082


OVERVIEW

Discover downtown living at its finest! This beautifully renovated, stone building in Trinidad offers historic charm with modern amenities. Featuring two leased retail storefronts and six updated apartments, which 4 are leased 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. Operating Expense Includes: Insurance, Maintenance, Utilities. Call me today for your own personal tour!

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bell Block Building

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1886

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,060 SF

ZONING

Commercial

APN/PARCEL ID

14443000

ASK ABOUT THIS PROPERTY

Sarah MansheleXp RealtyMore Info
719-497-5556

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Sarah MansheleXp RealtyMore Info
719-497-5556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.