Restaurant Building with
New
For Sale
$180,000
1143 E Abriendo Ave, Pueblo, CO 81004
COMMERCIAL - Pueblo, CO
Property Size2,928 SF
Lot Size0.07 Acres
Price / SF$61.48
Days on Market7
Property Features for 1143 E Abriendo Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-2
Subdivision
Central High School
Lot features
Corner Lot, Free Standing
Elementary school
60
Middle school
60
High school
60
Standard status
Active
APN
1501414013
Size
2,928 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S 24.16 FT IN LOT 24 BLK 39 CITY HALL PL
Tax Annual Amount
2124
Legal Description
S 24.16 FT IN LOT 24 BLK 39 CITY HALL PL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1933
Floors in Building
1
Roof type
Flat
Listing Agency:
RE/MAX Of Pueblo Inc · RE/MAX International
(719) 546-1717
Listed By:
Team Gary Miller · License #000277441
(719) 586-8701
Added: Aug 13
Last Checked: Aug 19 at 5:06AM
MLS# 241714
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 2,928-square-foot restaurant property includes multiple dining areas, a bar, commercial kitchen, food-preparation space, storage, and restrooms. The sale includes restaurant and bar equipment, furnishings, fixtures, kitchen contents, and dining-room items. Two central air-conditioning units serve the building, which was constructed in 1933 and has a flat roof. The business is not currently operating, allowing the next owner to establish a new concept within the existing restaurant configuration.
Located at 1143 E Abriendo Ave in Pueblo’s Bessemer area, the property is near Interstate 25 and surrounding residential neighborhoods. It carries B-2 zoning and is served by public water and public sewer. Forced-air, natural-gas heating and central air conditioning are in place.
Located at 1143 E Abriendo Ave in Pueblo’s Bessemer area, the property is near Interstate 25 and surrounding residential neighborhoods. It carries B-2 zoning and is served by public water and public sewer. Forced-air, natural-gas heating and central air conditioning are in place.
Key Highlights
- 2,928‑square‑foot restaurant building on 0.07 acres
- Multiple dining areas, large bar, commercial kitchen, prep space, storage, and restrooms
- Sale includes restaurant equipment, bar equipment, furnishings, fixtures, and kitchen contents
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,894
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$277,880
$277.9K
Cap Rate 7%
$198,486
$198.5K
Cap Rate 9%
$154,378
$154.4K
Market Conditions
NOI Build-Up for 2,928 SF
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.
Gross rent
$20.4K $6.96/SF
− Vacancy
−$530 −$0.18/SF
EGI
$19.8K $6.78/SF
− OpEx
−$6.0K −$2.03/SF
NOI
$13.9K $4.75/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$277,880
Cap Rate 7%
$198,486
Cap Rate 9%
$154,378
Alternative Uses
Best Use
Specialty Retail
$412.7K
$361.1K – $481.5K
NOI $28,887 @ 7.0% cap · market cap 16.05%
Second Best
Industrial
$198.5K
$173.7K – $231.6K
NOI $13,894 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$610.1K
$533.9K – $711.8K
NOI $42,710 @ 7.0% cap · market cap 23.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81004, CO
26,005
Population
12,597
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
160.9 sq mi
ZIP Area
162
Density / Sq Mi
$48,620
Median Household Income
$33,925
Median Earnings
$1,002
Median Rent
$181,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing dining, bar, kitchen, storage, and restroom areas support restaurant or hospitality uses.
Where is this conventional restaurant located?
The property is located at 1143 E Abriendo Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 2,928‑square‑foot restaurant building on 0.07 acres; Multiple dining areas, large bar, commercial kitchen, prep space, storage, and restrooms; Sale includes restaurant equipment, bar equipment, furnishings, fixtures, and kitchen contents
