401-407 N Commercial ST Active

Trinidad,CO 81082

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5271482

Year Built 1886

Annual Tax Amount $3,515

Tax Year 2023

Lot Size 5,227 Sqft

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!

Location

State CO

County Las Animas

Zoning Commercial

Exterior

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected

Building

Sewer Public Sewer

Water Public

Structure Type Stone

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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