Redevelopment Retail
102 Greenwood Ave 115 S Grand Ave Pueblo, CO 81003
For Sale
Contact for pricing
For-sale retail portfolio featuring Class A river-walk positioning and potential for separate owner-user acquisitions.
Property Size26,702 SF
Price / SF$100.37
Days on Market395
Property Features for 102 Greenwood Ave 115 S Grand Ave
General Information
Standard status
Active
Size
26,702 SF
Property subtype
RETAIL
Listing Agency:
Pinnacle Real Estate Advisors
(303) 962-9571
Listed By:
James (Jamie) Mitchell
(303) 962-9571
Source:
Moodyscre
Added: Jun 30, 2025
Changed: Jul 26
Last Checked: Jul 26 at 1:32AM
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This for-sale retail portfolio offers Class A positioning along the River Walk, with an assortment of buildings available for consideration. The offering is described as a redevelopment play, and the assemblage includes options that can be sold separately as owner-user deals, along with additional lots available for sale.
The listed addresses include 102 Greenwood Ave and 115 S. Grand Ave in Pueblo, CO 81003, creating a localized package centered on the River Walk area.
As presented, the available buildings are listed under $56/SF, supporting a range of acquisition strategies depending on how units are combined or kept separate.
The listed addresses include 102 Greenwood Ave and 115 S. Grand Ave in Pueblo, CO 81003, creating a localized package centered on the River Walk area.
As presented, the available buildings are listed under $56/SF, supporting a range of acquisition strategies depending on how units are combined or kept separate.
Key Highlights
- Class A retail portfolio with river‑walk positioning
- Redevelopment‑focused offering
- Can be sold separately for owner‑user acquisitions
Financial Insights For Retail
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 | $371.7k | $13.92 |
| − Vacancy | −$20.4k | −$0.77 |
| EGI | $351.2k | $13.15 |
| − OpEx | −$105.4k | −$3.95 |
| NOI | $245.9k | $9.21 |
26,702 SF · lease $13.92/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.51M
$3.07M – $4.10M
NOI $245,874 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.56M
$4.87M – $6.49M
NOI $389,492 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - For-sale retail portfolio featuring Class A river-walk positioning and potential for separate owner-user acquisitions.
Where is this retail space located?
The property is located at 102 Greenwood Ave 115 S Grand Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $2,680,000.
What are key features of this property?
This property features: Class A retail portfolio with river‑walk positioning; Redevelopment‑focused offering; Can be sold separately for owner‑user acquisitions
