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    Office and Retail Building with Patio Title is generated by Realmo AI

    2729-31 N Elizabeth St, Pueblo, CO 81003

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    For Sale
    $394,900

    COMMERCIAL - Pueblo, CO

    Property size:
    2,325 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $169/SF
    Added:
    Dec 15, 2025
    Days on Market:
    194
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 2729-31 N Elizabeth St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-2
    Standard status
    Active
    APN
    524123001
    Size
    2,325 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOTS 33 + 34 BLK 8 SOMERLID HEIGHTS ADD
    Tax Annual Amount
    849

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Hot Water(Heating), Natural Gas
    Cooling system
    Evaporative Cooling, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1971
    Floors in Building
    1
    Roof type
    Asphalt, Tar/Gravel

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    The All Star Team

    Listing agent The All Star Team

    Listing office The Saucedo Real Estate Group CO

    Listing date Dec 15, 2025

    MLS# 235887

    Copyright © 2026 Pueblo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial building built in 1971
    • Zoned for commercial use
    • Includes 8 offices plus a kitchen and a designated conference room
    • Covered back patio
    • Utilities: public water and public sewer
    • Heating and roof: natural gas hot water/baseboard heat; asphalt and tar/gravel roof

    Overview

    This well-maintained commercial building provides a functional interior layout designed for professional or service-oriented tenants. The configuration includes a total of eight offices, a designated conference room, and a kitchen. A covered back patio extends usable space to the rear, supporting a practical day-to-day work flow. The interior is described as well-lit with ample natural light and high ceilings, with flexible floor plan characteristics intended to accommodate a range of commercial uses. Updates are noted for modern utilities and systems.

    Located at 2729-31 N Elizabeth St in Pueblo, Colorado, the property is presented as being in a high-visibility area. The remarks also emphasize convenient access to major roadways and public transportation, along with nearby amenities. The exterior is described as having professional curb appeal intended to support visibility and branding for occupants. The property is zoned B-2, reflecting commercial use.

    For owner-occupants or investors, this building’s mix of offices and common work areas can support office, retail, medical, or professional services. Its B-2 zoning and adaptable layout are intended to help align the space with different business needs, while the covered patio and updated systems add day-to-day utility for a tenant looking for an operationally ready commercial facility.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $34.9k $15.00
    − Vacancy −$907 −$0.39
    EGI $34.0k $14.61
    − OpEx −$8.5k −$3.65
    NOI $25.5k $10.96
    2,325 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $363.9K
    $318.5K – $424.6K (±1% cap)
    NOI $25,476 @ 7.0% cap · market cap 6.45%
    Second Best
    Retail
    $305.8K
    $267.6K – $356.8K (±1% cap)
    NOI $21,409 @ 7.0% cap · market cap 5.42%
    Theoretical Best
    Office A
    $484.5K
    $423.9K – $565.2K (±1% cap)
    NOI $33,914 @ 7.0% cap · market cap 8.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.6157958
    Latitude
    38.296512

    FAQs

    What type of property is this?
    Office units - Well-maintained commercial building with eight offices, conference room, and covered patio, zoned B-2 for flexible uses.
    Where is this office units located?
    The property is located at 2729-31 N Elizabeth St Pueblo, CO.
    What is the asking price?
    The asking price for this property is $394,900.
    What are key features of this property?
    This property features: Commercial building built in 1971; Zoned for commercial use; Includes 8 offices plus a kitchen and a designated conference room
    More about this property
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