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16683040
16683011

401-407 N Commercial St, Trinidad, CO 81082

SM
CO CO 100067471
EXP Commercial
KE
CO 100109309
Listed by EXP Commercial
$799,900
790 days on market
Updated 0 days ago

Bell Block Building

Details
Property Type Mixed Use, Multifamily (+2)
Sub Type Apartment Building, Storefront
Square Footage 13,104
Units 8
Cap Rate 12.39%
NOI $99,070
Tenancy Multi
Lease Type Gross
Price per SqFt $61
Broker Co-Op Yes
Year Built 1886
Year Renovated 2020
Stories 3
Lot Size (SqFt) 5,060
Zoning Commercial
Ceiling Height 8-15 ft
Sale Condition For sale by owner

Mixed Use | 12.39% CAP | 13,104 SqFt

Marketing description

Income-producing mixed-use property in the heart of downtown Trinidad.

This beautifully renovated historic building offers a rare combination of commercial frontage, residential income, and long-term upside. Featuring two leased retail storefronts plus six updated apartments — currently operated as three long-term rentals and three vacation rentals — this property is already working as a diversified investment.

Inside, the building blends historic character with modern comfort, including original hardwood floors, hot water heat, updated finishes, and newer appliances throughout the residential units. Its downtown location puts tenants and guests just steps from Trinidad’s shops, restaurants, galleries, entertainment, and growing arts district.

Even better, the building has already been divided into condominiums, creating future flexibility and added income potential for the right investor.

A strong downtown asset with multiple revenue streams, historic charm, and room for strategic growth. Call today to schedule your private tour.

Listing Contacts

SM
CO CO 100067471
EXP Commercial
KE
CO 100109309
Listed by EXP Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,070.00
$8,255.83/mo

Valuation Metrics

0
DSCR
12.39%
Cap Rate
12.39%
ROI

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Additional Information

Name
Sarah Manshel
License
CO 100067471
Name
Kelly Eckhoff
License
100109309
Brokerage
eXp Realty
Brokerage Phone
888-440-2724
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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