1021 Pierce St - Schools FOR SALE


Trinidad, CO 81082 | 
$2,250,000 USD
303-521-3648
1021 Pierce St, Trinidad, CO for Sale
$2,250,000 USD
Schools - FOR SALE
1/44
null | 5.9% Cap Rate

1021 Pierce St
Trinidad, CO 81082


OVERVIEW

1021 Pierce Street is a 28,743-square-foot institutional building situated on approximately 4.2 acres in Trinidad. The single-story, ADA-accessible facility features approximately 15 classrooms, offices, a lounge, a gymnasium, a commercial cafeteria and kitchen equipped with hoods, ovens, a grease trap, and sinks, as well as six bathrooms. Major building systems, including forced-air gas heating, central air conditioning, and fire suppression, were upgraded in 2002 alongside the addition of the gymnasium and extra classroom space. The property is currently occupied by Chicanos Por La Causa (CPLC), a 56-year-old nonprofit organization that serves more than 800,000 individuals annually across eight states and operates a Head Start program at the site. CPLC's lease extends through June 30, 2027, and includes two five-year renewal options, each requiring 180 days' notice. The facility plays a critical operational role for the tenant, as the on-site commercial kitchen serves as a central production hub that prepares and distributes meals to CPLC locations throughout the region. This offering presents a rare opportunity to acquire a well-maintained institutional asset with an established nonprofit tenant in place. Additionally, the property's specialized improvements and functional layout could make it an attractive owner-user opportunity in the event the tenant elects to vacate in the future.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

4.2 AC

LAND SF

182,952 SF

ZONING

School

APN/PARCEL ID

13921500

ASK ABOUT THIS PROPERTY

Greg KnottUnique Properties, Inc.More Info
303-521-3648

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Greg KnottUnique Properties, Inc.More Info
303-521-3648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.