Published on: Thursday, May 23, 2024
Updated on: Friday, June 7, 2024
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About the Lister
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Name: Alex Kovacs
Company: Madison Commercial
Office Phone: 303-785-3803
Cell Phone: 303-514-7076
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  Trinidad retail strip center for sale
409-419 N. Commercial Street Trinidad Colorado , 81082
409-419 N. Commercial Street Trinidad Colorado , 81082  Madison Commercial
Listing ID: CL-Colorado-10591

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: $176,000.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Colorado-10591
Status: Price not Disclosed
Financing: Third Party Financing
Occupancy: 80%
Year Build: 1890
Building Size: 5,000.00 SqFt
Lot Size: 10,188.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
Listing Summary
This is a five tenant retail strip building with 4 conditional use permits for recreational marijuana. There is one vacant space that is suitable for general retail use. The building is a storefront retail center with on street parking only.
Complete Details
Year Build: 1890
Building Size: 5,000 SqFt.
No of Stories: 1
Total Lot Area: 10188 SqFt.
No of Parking: N/A
No of Total Units: 5
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: C
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 80%
Full Description
This is a five tenant retail strip building with 4 conditional use permits for recreational marijuana. There is one vacant space that is suitable for general retail use, and a second unit will soon be available for a future MJ dispensary. This unit has a marijuana conditional use permit and is turnkey ready for occupancy. The building is a storefront retail center with on street parking only
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$213,000.00
$0.00
$37,000.00
$176,000.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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