About This Home
This 0-bedroom, 0-bathroom commercial at 416 State St in Trinidad, CO is listed for $795,000 ($45 per sqft). Built in 1967, the home offers 17,591 sqft of living space on a 0.64 acres lot.
Key Features
- Built in 1967
- 0.64 acre lot
- 2 stories
Property Details
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.
Monthly Cost Estimate
$4,252/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
416 State St
Trinidad, CO 81082
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 416 State St is listed at $795,000 ($45/sqft). The estimated monthly payment is $4,252 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1967, 0.64 acre lot, 2 stories.
This property is listed by Leanne Whitman.
Leanne Whitman
Agent at Pueblo Real Estate Associates, LLC
