416 State Street, Trinidad, CO 81082

$795,000
  • 416 State Street, Trinidad, CO 81082 Main Photo

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New to the Market Active
SQUARE FEET17,591 MLS#3525308
STATUSActive PROPERTY TYPECommercial - Business

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, 195 storage units, and flexible office space - ideal for an independent business, nail salon, or wellness clinic. A 1,600 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.

416 State Street | MLS# 3525308

This commercial property located at 416 State Street, Trinidad, CO 81082 is currently listed for sale with an asking price of $795,000. Search Trinidad real estate on jonathan.thecuttingedgerealtors.com today.

Property Features

Property Type: Commercial - Business
Garage: 21
Home Style: Mix Use
Lot Size: 0.64 Acres
Taxes: $5,435
Year Built: 1967

Listed By / Shown By

Listed By

Agency Name: RE/MAX Associates
Agency Phone: 719-583-8383

Shown By

Agent Name: Jonathan Walters
Agent Phone: (719) 332-3603
Agency Title: The Cutting Edge, Realtors

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