Industrial Flex Warehouse with Offices

706 N Elizabeth St Pueblo, CO 81003

Claim this Listing
New
For Sale
$75,000

COMMERCIAL - Pueblo, CO

Property size:
1,440 SF
Lot size:
0.05 Acres
Price / SF:
$52/SF
Added:
Jul 10, 2026
Days on Market:
2
Last Refresh:
Jul 11 at 3:06 pm

Property Features for 706 N Elizabeth St

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
I-2
Standard status
Active
APN
525451009
Size
1,440 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
N 58 FT OF W 35 FT OF LOT 9 BLK 32 COUNTY ADD
Tax Annual Amount
911

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1949
Floors in Building
1
Roof type
Flat

Listing agent Team Gary Miller License #000277441

Listing office RE/MAX Of Pueblo Inc 511 W 29th Street Suite A, Pueblo, CO

Listing date Jul 10, 2026

MLS# 241113

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.


Investment Insights

Based on property information with market context.

This industrial flex warehouse offers 1,440 square feet of functional indoor workspace, including an open shop and work areas plus dedicated office space and a restroom. The building includes concrete floors, built-in work surfaces, and areas suitable for storage, with multiple windows providing natural light throughout the work areas. Access is supported by two overhead garage doors of different heights, accommodating vehicles, equipment, and deliveries for a range of day-to-day needs.

The property is located along N Elizabeth Street with alley access along the side, providing access from more than one direction. It is zoned I-2 Industrial District, which allows for a broad range of potential uses. Public remarks note possible use types such as contractor shops, automotive repair, manufacturing and production, equipment rental, repair shops, certain retail sales, storage, wholesaling, woodworking, and other permitted uses.

Business equipment, trade fixtures, tools, machinery, shelving, inventory, and other personal property are not included in the sale price but may be negotiable through separate negotiation. Buyers should verify intended use and all zoning requirements with the City of Pueblo.

Key Highlights

  • 1,440 SF commercial industrial building with open shop/work areas plus dedicated office space
  • Two overhead garage doors of different heights for vehicle, equipment, and delivery access
  • Concrete floors, built‑in work surfaces, restroom, and storage‑suitable areas

Local Financial Insights For Flex RnD

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 $10.0k $6.96
− Vacancy −$261 −$0.18
EGI $9.8k $6.78
− OpEx −$3.4k −$2.37
NOI $6.3k $4.41
1,440 SF · lease $6.96/SF/yr · vacancy 2.60% · expense 35.00%

Alternative Uses

Best Use
Office B
$225.4K
$197.2K – $263.0K (±1% cap)
NOI $15,779 @ 7.0% cap · market cap 21.04%
Second Best
Warehouse
$118.5K
$103.7K – $138.3K (±1% cap)
NOI $8,298 @ 7.0% cap · market cap 11.06%
Theoretical Best
Office A
$300.1K
$262.6K – $350.1K (±1% cap)
NOI $21,005 @ 7.0% cap · market cap 28.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Indoor Climate Control HVAC Service

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Locksmith Pet Store (Bike/Boat/Book/etc) Store Catering Service

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

Similar Off Market Nearby

  • All Seasons Gourmet Catering — 112 W 2nd St, Pueblo, CO 81003
  • Stoke Pizza — 124 Midway Ave, Pueblo, CO 81004

FAQs

What type of property is this?
Flex space - Industrial I-2 building with two overhead doors, office space, restroom, concrete floors, and multiple windows.
Where is this flex space located?
The property is located at 706 N Elizabeth St Pueblo, CO.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 1,440 SF commercial industrial building with open shop/work areas plus dedicated office space; Two overhead garage doors of different heights for vehicle, equipment, and delivery access; Concrete floors, built‑in work surfaces, restroom, and storage‑suitable areas
Contact an agent
More about this property
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