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111 N Commercial St
Trinidad, CO 81082
Multifamily Property For Sale
·
22 Units
Investment Highlights
- Exceptional location at the southwest corner of Main and Commercial Streets
- Potential uses include Apartment, Condominium and/or Hotel
- Italianate Architecture by John Conkie
- In the Corazon de Trinidad Historic District
- Longstanding tenants line the street with their shops and offices. Their leases come up for review annually.
- Ready to be renovated or reimagined
Executive Summary
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.
Property Facts
| Price Per Unit | $108,222 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| No. Units | 22 | Building Size | 34,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1879/2024 |
| Apartment Style | Low-Rise |
| Price Per Unit | $108,222 CAD |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 34,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1879/2024 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 22 | - | - |
Property Taxes
| Parcel Number | 12003000 | Improvements Assessment | $268,401 CAD |
| Land Assessment | $31,292 CAD | Total Assessment | $299,693 CAD |
Property Taxes
Parcel Number
12003000
Land Assessment
$31,292 CAD
Improvements Assessment
$268,401 CAD
Total Assessment
$299,693 CAD
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