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Ford 422-426 E Main St 32,986 SF Retail Building Trinidad, CO 81082 $950,000 ($28.80/SF)

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Investment Highlights

Prime location
Climate Controlled Storage, Warehousing or Manufacturing

Massive square footage

Executive Summary

Location Location Location. 1031 Welcome, 9.5% Cap Rate. This expansive property, boasting a prime location and a longstanding history of success, is currently leased under a triple net agreement, offering a reliable income stream for savvy investors. The building has massive square footage, providing an array of possibilities for various business ventures. The interior space includes dedicated administrative and office areas, designed to facilitate efficient operations. The spacious showroom floor creates an inviting atmosphere for showcasing automotive sales, while the parts and service area is equipped to support automotive maintenance and repairs. A well-appointed wash booth and paint booth further enhance the property's versatility and functionality. The potential of this property is endless with multiple levels and wide-open rooms. The Paved Parking Lot Across the Street and the Digital Sign are just icing on the cake. *426-430 E Main, Trinidad, CO 81082*

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Auto Dealership

Building Size

32,986 SF

Building Class

Year Built

1912

Price

$950,000

Price Per SF

$28.80

Tenancy

Single

Building Height

2 Stories

Building FAR

1.22

Lot Size

0.62 AC

Opportunity Zone

Yes

Zoning

Commercial

Parking

16 Spaces (0.49 Spaces per 1,000 SF Leased)

Major Tenants

Manufacturing
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Ford began in 1903 and grew from Henry Ford’s early work on automobiles into a major automotive business with a long history in vehicle manufacturing. The company’s current business structure centers on Ford Blue, Ford Model e, and Ford Pro, supporting internal-combustion vehicles, electric vehicles, and commercial and fleet services. Ford also includes financial services through Ford Credit and sells vehicles and related brands such as Lincoln, Motorcraft, and Ford Performance. Ford maintains a broad global manufacturing and operating footprint, with operations across North America and in many countries around the world.