401-407 N Commercial St, Trinidad, CO 81082

Property Description

Income-producing mixed-use property in the heart of downtown Trinidad —below appraised value. This beautifully renovated historic building offers a rare combination of commercial frontage, residential income, and long-term upside. Featuring two leased retail storefronts plus six updated apartments currently operated as three long-term rentals and three vacation rentals this property is already working as a diversified investment. Inside, the building blends historic character with modern comfort, including original hardwood floors, hot water heat, updated finishes, and newer appliances throughout the residential units. Its downtown location puts tenants and guests just steps from Trinidad's shops, restaurants, galleries, entertainment, and growing arts district. Even better, the building has already been divided into condominiums, creating future flexibility and added income potential for the right investor. A strong downtown asset with multiple revenue streams, historic charm, and room for strategic growth.