Proposed Auto Lofts and
102 N Grand Avenue, Pueblo, CO 81003
Proposed mixed-use development with auto lofts, restaurant, and warehouse.
Type:Retail
Property size:
8,800 SFPrice / SF:
$113/SF- Added:
- Nov 21, 2025
- Days on Market:
- 183
- Last Refresh:
- Apr 5 at 11:40 pm
Property Features for 102 N Grand Avenue
General Information
- Standard status
- Active
- Size
- 8,800 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1928
Listing agent Jamie Mitchell License #FA100023002 (303) 962-9571
Listing office Elite CRE (303) 962-9571
Listing date Nov 21, 2025
Source Pinnaclerea
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Elite CRE
HighLights
- City Center block redevelopment opportunity in Pueblo, Colorado.
- Proposed 6,630 SF building with 9 lofts using 5,050 SF.
- Located near the Historic Arkansas Riverwalk.
- Includes a 1,580 SF bar/restaurant space.
- Features a 2,950 SF patio.
- Includes an 8,800 SF industrial warehouse.
Overview
A mixed-use development opportunity is available in Pueblo, Colorado, near the Historic Arkansas Riverwalk. The development, known as Mac’s Auto Lofts, includes a proposed 6,630 square foot building with nine lofts utilizing 5,050 square feet of the building. Additionally, the property features a proposed bar/restaurant space of 1,580 square feet and a patio area of 2,950 square feet. The industrial warehouse component offers 8,800 square feet. The property is located in a City Center block redevelopment area, situated between N Victoria Ave, S Greenwood St, and W City Center Drive.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$964.7K
NOI $86,819 @ 9.00% cap · cautious / downside scenario
Moderate
$1.24M
NOI $86,819 @ 7.00% cap · market / base-case scenario
Aggressive
$1.74M
NOI $86,819 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.5k | $13.92 |
| − Vacancy | −$6.7k | −$0.77 |
| EGI | $115.8k | $13.15 |
| − OpEx | −$28.9k | −$3.29 |
| NOI | $86.8k | $9.87 |
8,800 SF · lease $13.92/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $86,819 @ 7.0% cap · market cap 8.68%
Second Best
Retail
$1.16M
$1.01M – $1.35M
NOI $81,031 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,362 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.611
- Latitude
- 38.2683
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Proposed mixed-use development with auto lofts, restaurant, and warehouse.
Where is this retail space located?
The property is located at 102 N Grand Avenue Pueblo, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: City Center block redevelopment opportunity in Pueblo, Colorado.; Proposed 6,630 SF building with 9 lofts using 5,050 SF.; Located near the Historic Arkansas Riverwalk.
