Three-Building Mixed-Use
115- 119 W 8th St, Pueblo, CO 81003
For Sale
New
$325,000
Commercial Sale, Pueblo, CO
Property Size2,636 SF
Lot Size0.24 Acres
Price / SF$123.29
Days on Market1
Property Features for 115- 119 W 8th St
General Information
Property type
Property subtype
Zoning
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Roof type
Buildings
Listing Agency:
Abetter Realty, LLC.
(719) 250-5030
Listed By:
Ralph Garcia
(719) 251-7645
Added: Nov 6
Last Checked: Nov 6 at 11:06PM
MLS# 239408
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.
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Investment Insights
Based on property information with market context.
The mixed-use property comprises three separate buildings: office space, a garage, and a miscellaneous building. The recorded property size is 2,636 square feet, on a 0.235-acre lot. Built in 1935, the property has a flat roof and natural gas, forced-air, and electric heating. Public water and public sewer serve the site, which is zoned B-4.
Located in downtown Pueblo, the property is near government services, restaurants, and banks.
Located in downtown Pueblo, the property is near government services, restaurants, and banks.
Key Highlights
- Three separate buildings include office space, a garage, and a miscellaneous building
- 2,636 square feet on a 0.235‑acre lot
- B‑4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,884
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,680
$577.7K
Cap Rate 7%
$412,629
$412.6K
Cap Rate 9%
$320,933
$320.9K
Market Conditions
NOI Build-Up for 2,636 SF
Gross rent
$39.5K $15.00/SF
− Vacancy
−$1.0K −$0.39/SF
EGI
$38.5K $14.61/SF
− OpEx
−$9.6K −$3.65/SF
NOI
$28.9K $10.96/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,680
Cap Rate 7%
$412,629
Cap Rate 9%
$320,933
Alternative Uses
Best Use
Office B
$412.6K
$361.1K – $481.4K
NOI $28,884 @ 7.0% cap · market cap 8.89%
Second Best
Mixed Use
$366.0K
$320.3K – $427.0K
NOI $25,622 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$549.3K
$480.6K – $640.8K
NOI $38,450 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,247
Businesses Nearby
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Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - B-4 zoning and a downtown setting accompany office, garage, and additional building space.
Where is this mixed-use property located?
The property is located at 115- 119 W 8th St Pueblo, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three separate buildings include office space, a garage, and a miscellaneous building; 2,636 square feet on a 0.235‑acre lot; B‑4 zoning
