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401-407 N Commercial St - Bell Block Building

13,104 SF Speciality Building Offered at £938,940 at a 8.25% Net Initial Yield in Trinidad, CO 81082

Executive Summary

Discover downtown living at its finest! This beautifully renovated, stone building in Trinidad offers historic charm with modern amenities. Featuring two leased retail storefronts and six updated apartments, which 4 are leased and the other 2 are used as vacation rentals, it's an ideal investment opportunity. With original hardwood flooring, hot water heat, and newer appliances, each unit exudes elegance. Enjoy the vibrant atmosphere with shops, restaurants, and galleries just steps away. A CAP rate of over 8% and as a bonus, the building has already been divided into condominiums for future income potential for the savvy investor. Operating Expense Includes: Insurance, Maintenance, Utilities. Call me today for your own personal tour!

Property Facts

Price £938,940 Lot Size 0.12 AC
Price Per SF £72 Building Size 13,104 SF
Sale Type Investment Number of Floors 3
Net Initial Yield 8.25% Year Built/Renovated 1886/2020
Property Type Speciality
Price £938,940
Price Per SF £72
Sale Type Investment
Net Initial Yield 8.25%
Property Type Speciality
Lot Size 0.12 AC
Building Size 13,104 SF
Number of Floors 3
Year Built/Renovated 1886/2020

Amenities

  • Smoke Detector
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Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 14443000 Improvements Assessment £45,312
Land Assessment £7,371 Total Assessment £52,682

PROPERTY TAXES

Parcel Number
14443000
Land Assessment
£7,371
Improvements Assessment
£45,312
Total Assessment
£52,682

zoning

Zoning Code Commercial
Commercial
(719) 497-5556

Contact

  • Listing ID: 31429317

  • Date on Market: 05/04/2024

  • Last Updated:

  • Address: 401-407 N Commercial St, Trinidad, CO 81082

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401-407 N Commercial St - Bell Block Building
(719) 497-5556 x

401-407 N Commercial St - Bell Block Building

Sarah Manshel

(719) 497-5556

(719) 497-5556

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