111 N Commercial St - Apartments FOR SALE


Trinidad, CO 81082
$1,995,000 USD
303-877-5889
111 N Commercial St, Trinidad, CO for Sale
$1,995,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

111 N Commercial St
Trinidad, CO 81082


HIGHLIGHTS

  • Exceptional location at the southwest corner of Main and Commercial Streets
  • In the Corazon de Trinidad Historic District
  • Potential uses include Apartment, Condominium and/or Hotel
  • Longstanding tenants line the street with their shops and offices. Their leases come up for review annually.
  • Italianate Architecture by John Conkie
  • Ready to be renovated or reimagined

OVERVIEW

Designed by John Conkie in 1879 and originally called the Grand Union Hotel, this 100 room, three-story brick landmark trimmed was renamed in honor of the 1893 World's Columbian Exposition. The picturesque aesthetics of heavily hooded and elongated windows, polished stone quoins, an ornately bracketed cornice above a decorative frieze of Italianate style architecture exude Italian Renaissance. The terrazzo-floored lobby lead to the Rococo ballroom, ladies' "retiring room," gaming room, saloon and smoking parlor. The Columbian Hotel, with her storied past, operated well into the 1970s but she is as relevant to Trinidad as the Oxford Hotel is to LoDo in downtown Denver.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

22

PRICE/UNIT

$90,682

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1879

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,371 SF

ZONING

-

APN/PARCEL ID

12003000

ASK ABOUT THIS PROPERTY

Win KingKing CommercialMore Info
303-877-5889

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Win KingKing CommercialMore Info
303-877-5889

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