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Commercial For sale Retail Free Standing

Retail Property for Sale in Trinidad Colorado 81082

116 Santa Fe Trail, Trinidad, Colorado 81082

Contact for price

Listed May 23, 2024

2,633 sqft

Building

6,611 sqft

Lot

1900

Built

Stories

Units

Class C

Class

About this property

Retail Property for Sale in Trinidad Colorado 81082 is a retail for sale in Trinidad, Colorado. Key details: year built 1900, building size 2,633 sqft, lot size 6,611 sqft, stories 1. Listed by Alex Kovacs of Madison Commercial on LoopingCloud and last updated December 4, 2025.

Excellent retail storefront with Main Street visibility. Shared parking in front of the store. The apartment has separate street parking on W 1st Street, and separate access. Nicely renovated apartment with exterior entrance . Central location in close proximity to I 25 on/off ramp. Potential portfolio package with property listed at 409-419 N. Commercial Street. Conditional use permit for retail marijuana sales. SAFE Banking Act is pending in Congress which will allow normal banking. The property is leased below market rent. The market NOI indicates a cap rate of approximately 14%.

Key highlights

Occupied
marijuan
residential
retail storefront
apartment
Excellent potential for live/work use

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

Company	Lender type	Contact	Phone
TheLoanProsTeam	Mortgage Broker	Roxanne Chung	(754) 707-5877
Money Solutions, LLC	Mortgage Broker	Jennifer A. Judice	(813) 431-5000

Property details

Key facts

Year Built: 1900
Building Size: 2,633 sqft
Lot Size: 6,611 sqft
Stories: 1
Total Units: 2
Building Class: Class C
Heating & Cooling: Heating and Cooling
Occupied: Yes
Occupancy: 100%
Property Status: Normal Sale
Building Status: Existing

Pricing details

Net Operating Income: $18,000
Financing: Third Party Financing
Investment Property: Active investment property

Investment snapshot

$18,000

Net operating income

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income

Year	Gross income	Effective gross	Expenses	NOI	Pre-tax cash flow	Cap rate
2024	$45,553	-	$14,173	$18,053	-	-

Acquisition options

Option	Asking price	Cap rate	Commission	Monthly income	Ownership
Purchase Only	-	14%	-	-	-

Features and amenities

Property Other Use Types

marijuan
residential

Property Features

retail storefront
apartment
This single story building is located one block east of I 25 in downtown Trinidad.

Highlights

Excellent retail storefront with Main Street visibility
Shared parking in front of the store. The apartment has separate street parking on W 1st Street, and separate access.
Nicely renovated apartment with exterior entrance
Central location in close proximity to I 25 on/off ramp
Potential portfolio package with property listed at 409-419 N. Commercial Street.
Conditional use permit for retail marijuana sales. SAFE Banking Act is pending in Congress which will allow normal banking
Excellent potential for live/work use
Retail rent is below market allowing for upside
Marijuana will soon be changed to Schedule III drug by DEA, allowing business expense deduction for Taxes

Location

Address as shown by the lister.

Get directions

Schools nearby Restaurants nearby Groceries nearby Parks nearby Transit nearby Hospitals nearby

About this area - Trinidad

Population: 12,512
Housing units: 5,847
Land area: 827.9 sq mi
County: Las Animas

Documents, links and contacts

Property documents

1 file to download

Offering_Memorandum7.pdfPDF · 1.7 MB

Links

3 links

Additional contacts

1 person to reach

Alex KovacsBroker (303) 514-7076

Frequently asked questions

Where is Retail Property for Sale in Trinidad Colorado 81082 located?

The property is in 116 Santa Fe Trail, Trinidad, Colorado 81082, Las Animas County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 2,633 sqft. The lot is 6,611 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Alex Kovacs of Madison Commercial listed this property. Use the Request Info button to send a message or call (303) 785-3803.

When was this listing published?

It was published on May 23, 2024 and last updated on December 4, 2025.

Listing information

Listing ID: CL-Colorado-10592
Published: May 23, 2024
Last updated: Dec 4, 2025
Views: 499
Status: Sold

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