Columbian Hotel — Sale in Trinidad, CO

  • Price: $1.8M
  • Listing type: For sale
  • Asset type: Business
  • Location: Trinidad, CO 81082
  • Size: 34,000 SF
  • Year built: 1879

Investment Figures

Price per square foot
$51
Price per unit
$250,000 across 7 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

King Commercial is proud to announce an exceptional redevelopment opportunity in Trinidad Colorado - The Columbian Hotel. This grand hotel, with it rich history and great bones, is ready for her next adventure. The Columbian Hotel is as relevant to Trinidad as the Oxford Hotel is to LoDo in downtown Denver, CO. While the 100-room grand hotel’s second and third floors have been vacant since the 1970s, Dana’s vision for the building was initially to create something more inline with today’s tastes and preferences. A 20 to 30 suite condominium hotel targeting weekend visitors was her first inspiration, then entertaining work force housing became the focus before exploring a hotel concept that could offer some 40 rooms to suit the character of the building and feed the appetite of the many regional visitors who discover the town as word got out. All of these ideas evolved to support placemaking to serve the needs of the community while eyeing its future as the plans for some 25+ historic structures that were acquired between Jay Cimino and herself, among others, over the past decade paved the way for revitalization. The restoration of the Fox West Theatre, Schneider Brewery, Jaffa Opera House and The Columbian Hotel are all staple to revitalize the core downtown and restoring the soul of the Corazon de Trinidad Historic District.. Located at the corner of Main and Commercial Streets in the center of town and flanked by the stunning architecture of the First National Bank building and Jaffa Opera House (planned for renovation) and Tolec Hotel, the Columbian Hotel is a signature opportunity in a community rich with culture and creativity. Designed by John Conkie in 1879 and originally called the Grand Union Hotel, this three-story brick landmark trimmed in white stone was renamed in honor of the 1893 World's Columbian Exposition. Building SF: 34000 | Land Size: 12300.0 SF | Year Built: 1879 | Listing Type: FOR SALE

Market Context

This commercial property in Trinidad, CO is listed for sale at $1,750,000 across 34,000 SF ($51/SF). The building dates to 1879. It has been on the market for 70 days. Compare it against other commercial property listings for sale in Trinidad, CO — view the full market.

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