516 Elm StTrinidad, CO 81082

For Sale
$1,071,250

Restaurant & Bar, 1.76 Acres, Income Producing

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a beautifully restored historic train depot, ideally located at 516 E Elm Street, Trinidad, CO 81082. The property boasts a fully equipped commercial kitchen, a well-established bar area with ample seating, and high ceilings, all contributing to a unique and inviting atmosphere. Modern conveniences include ADA-compliant bathrooms and recently upgraded features such as a new walk-in cooler, a state-of-the-art keg tap system with new lines, a renovated entryway and vestibule, updated lighting throughout, and a brand-new roof. The property also includes a spacious, fenced brick patio (7,636 sq ft) with new irrigated landscaping and mature trees, providing ample outdoor space. Ample parking is also available. A separate retail space is currently leased, generating immediate income. Further enhancing the investment potential, approved schematic plans for twelve townhomes on the adjacent vacant lot are included in the sale. This 1.76-acre property is conveniently located near downtown Trinidad and the river path, offering exceptional visibility and accessibility. The asking price is $1,071,250. The property is available for sale or lease.

Highlights

  • $1,071,250 asking price for a retail property (bar/restaurant).
  • Located at 516 E Elm Street, Trinidad, CO 81082.
  • Features a commercial kitchen, bar, seating, high ceilings, ADA bathrooms, furnishings, and a 1.76-acre lot.
  • Includes a new walk-in cooler, keg tap system, updated entryway, new lighting, and a new roof.
  • Offers a fenced brick patio (7,636 sq ft) with new landscaping and ample parking. Separate leased retail space provides immediate income. Approved plans for 12 townhomes on adjacent vacant lot are included.

Location Insight

City
Trinidad
County
Las Animas
State
Colorado
Latitude
37.1709587
Longitude
-104.5012204
516 Elm St, Trinidad, Colorado

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516 Elm St
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