516 Elm StTrinidad, CO 81082

For Sale
$1,071,250

Historic Charm, Modern Upgrades, High Income Potential

Overview

Added:
Feb 3
Days on market:
37
This unique 5,045 sq ft property, housed in a beautifully restored train depot, presents a compelling investment opportunity in Trinidad, CO. Situated on a 1.76-acre lot, it boasts a fully equipped commercial kitchen, bar, ample seating, high ceilings, and ADA-compliant bathrooms. Recent upgrades include a new walk-in cooler and keg tap system, updated entryway and vestibule, new lighting throughout, and a new roof. The property also features a spacious 7,636 sq ft fenced brick patio with new irrigated landscaping and ample parking. A separate retail space is currently leased, generating immediate income. The sale includes schematic plans approved by the city for the construction of twelve townhomes on the vacant portion of the lot. The property is conveniently located near downtown and the river trail. A liquor license is available for transfer. This blend of historic charm and modern amenities offers significant potential for a variety of uses. Available for sale or lease.

Property Details for 516 Elm St

Property type
Other commercial real estate
Square Feet
5,045 SF
Year Built
1934
Lot Size (sq. ft)
76,666 SF

Location Insight

City
Trinidad
County
Las Animas
State
Colorado
Latitude
37.17096
Longitude
-104.5011
516 Elm St, Trinidad, Colorado

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516 Elm St
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