416 State St, Trinidad, CO 81082
416 State St, Trinidad, CO 81082
416 State St, Trinidad, CO 81082
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Chad Silverman

Chad Silverman

+1(561) 420-9486
$795,000
Est. payment /mo
17,591 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 17,591 sqft

Price per Sqft $45

Subdivision Trinidad

MLS Listing ID 242193

Year Built 1967

Annual Tax Amount $5,242

Lot Size 0.641 Acres

Property Sub-Type Commercial

Property Description

What a tremendous opportunity! This multi-use commercial building is centrally located in Trinidad, CO, just walking distance from Trinidad State Junior College, close to multi-family and residential living, and with excellent visual access from I-25. This locally-owned operation spans over 17,000 sq ft and currently includes a full-sized laundromat, 6 motel rooms, 187 storage units, and flexible office space, ideal for an independent business, nail salon, or wellness clinic. A 1,650 sq ft apartment on the property adds even more value, whether for an on-site owner/manager or additional rental income. The possibilities here are endless. Imagine adding a food counter or coffee bar in the laundromat to create a new revenue stream, or repositioning the office space and motel rooms to serve the growing student and residential population nearby. With this much square footage, this many income streams already in place, and a location this visible, the upside is only limited by imagination.

Location

State CO

County Las Animas

Area Outlying

Zoning MU

Interior

Heating Natural Gas, Baseboard, Hot Water

Cooling None

Inclusions Business, Building & Land, Fixed Equipment Included

Exterior

Parking Features Paved

View Y/N No

Roof Type Asphalt

Private Pool No

Building

Lot Description Corner Lot, Free Standing, Neighborhood Business District

Story Multi-Level

Sewer Public Sewer

Water Public

Level or Stories Multi-Level

Schools

School District 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Leanne Whitman RE/MAX Associates

Nearby Locations

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Chad Silverman

Chad Silverman

+1(561) 420-9486

Realtor, Broker Associate License ID: FA.100102449

Realtor, Broker Associate License ID: FA.100102449

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