For Sale Property MLS# 3525308

416 State Street

Trinidad, CO 81082

$795,000

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About 416 State Street

What a tremendous opportunity! This multi-use commercial building is centrally located in Trinidad, CO, just walking distance from Trinidad State Junior College, close to multi-family and residential living, and with excellent visual access from I-25. This locally-owned operation spans over 17,000 sq ft and currently includes a full-sized laundromat, 6 motel rooms, 187 storage units, and flexible office space — ideal for an independent business, nail salon, or wellness clinic. A 1,600 sq ft apartment on the property adds even more value, whether for an on-site owner/manager or additional rental income. The possibilities here are endless. Imagine adding a food counter or coffee bar in the laundromat to create a new revenue stream, or repositioning the office space and motel rooms to serve the growing student and residential population nearby. With this much square footage, this many income streams already in place, and a location this visible, the upside is only limited by imagination.

Property details

Property

Type
other
Year built
1967
Lot
0.641 ac
List date
Sep 10, 2026

Schools

District
Trinidad School District 1

Location

School district
Trinidad School District 1

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Listed by Leanne Whitman, RE/MAX Associates

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.