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25772312
25772311

111 N Commercial St, Trinidad, CO 81082 For Sale

WK
CO CO400103472, 040013472
King Commercial Real Estate
Listed by King Commercial Real Estate
$1,750,000
326 days on market
Updated 72 days ago

The Columbian Hotel

Details
Property Type Hospitality, Mixed Use (+2)
Sub Type Apartment Building, Hotel
Square Footage 34,000
Net Rentable (SqFt) 34,000
Occupancy 20%
Tenancy Multi
Lease Type Gross
Lease Term 1
Price per SqFt $59
Class C
Year Built 1879
Year Renovated 2018
Buildings 1
Stories 3
Lot Size (SqFt) 12,500
Zoning HP, Trinidad
Investment Type Redevelopment

Historic Grand Hotel ready to be renovated or reimagined

Marketing description

Location at the corner of Main and Commercial Streets and surrounded by the stunning architecture of the First National Bank building and Jaffa Opera House, the Columbian Hotel is a signature opportunity to bring back a centerpiece of a town rich with culture and creativity. Designed by John Conkie in 1879, the Grand Union Hotel was a stunning three-story brick landmark was renamed in honor of the 1893 World's Columbian Exposition to capture the excitement of the era. Sitting just blocks from the Fox West Theatre and across the street from the Jaffa Opera House, in its day it the Columbian offered travelers visiting the bustling town of 30,000 respite in one of their 100 rooms.

While the hotel closed for good in the 1970s, in 2018 preservationist Dana Crawford purchased the building with a vision of bring it back to it’s cultural prominence by creating an 18 to 20 suite condominium hotel for prospective retirees to invest in, stay with the option of entertaining visitors from all across the region when not in use. Later she explored a hotel concept that could offer some 40 rooms to suit the character of the building or be redesigned into apartments to meet the ever changing needs of the community.

Today the Columbian Hotel is as relevant to Trinidad as the Oxford Hotel, one of Dana’s earlier preservation projects, is to LoDo in downtown Denver.

Investment highlights

The ground floor retail offers 7 suites of which 6 are currently lease. Call listing agent for more details.

Listing Contacts

WK
CO CO400103472, 040013472
King Commercial Real Estate
Listed by King Commercial Real Estate

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Additional Information

Name
Win King
License
CO400103472
Brokerage
King Commercial
Title
Broker
Brokerage Address
4045 N Pecos St. 201
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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