Retail Property for Sale in Trinidad Colorado 81082

116 Santa Fe Trail, Trinidad Colorado, 81082

Listing ID: CL-Colorado-10592 Commercial Free Standing Retail
Published on: Thursday, May 23, 2024 | Updated on: Thursday, December 4, 2025

Listing Summary

This is a renovated retail storefront with a 1 BR/1BA apartment added to the rear of the property. The building is presently operated as a recreational marijuana store with conditional use permit from the City of Trinidad. The retail unit is 100% leased at below market rent. The apartment was recently leased for a one year term.

Full Description

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%.

Quick Glance
  • Listing ID: CL-Colorado-10592
  • Status: Active
  • Year Build: 1900
  • Building Size: 2,633 SqFt
  • Lot Size: 6,611.00 Acre

Complete Details

  • Year Build: 1900
  • Building Size: 2,633 SqFt
  • No of Stories: 1
  • Total Lot Area: 6,611.00 Acre
  • No of Total Units: 2
  • Heating and Cooling: Heating and Cooling
  • Building Class: Class C
  • Occupancy: 100

Pricing Details

Listing Location

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