Downtown Pueblo Mixed-Use
2100 East 4th Street, Pueblo, CO 81001
Ideally located building suitable for retail, office, or restaurant.
Type:BO, SCR-COM, SCR-FREE
Property size:
3,000 SFPrice / SF:
$133/SF- Added:
- Dec 20, 2023
- Days on Market:
- 887
- Last Refresh:
- Apr 3 at 5:04 am
Property Features for 2100 East 4th Street
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- BO, SCR-COM, SCR-FREE
Listing agent Liz Alvarez License #FA100035513N
Listing office KW Commercial | Pueblo | Liz Alvarez
Listing date Dec 20, 2023
Source Realnex
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 KW Commercial | Pueblo | Liz Alvarez
HighLights
- Ideally located steps from the Pueblo Riverwalk and adjacent to public parking.
- Over 3000 Sq Ft on each of the 3 main levels.
- Suitable for various uses: restaurants, offices, retail, or other businesses.
- Features large windows for natural light, high ceilings, and outdoor signage.
- Includes an elevator and 2 staircases.
- Full‑size basement with very high ceilings.
Overview
This multi-level building is situated in a vibrant area of downtown Pueblo, steps away from the Pueblo Riverwalk and immediately adjacent to public parking. The property offers over 3,000 square feet on the main level, with equivalent space on the second and third levels. It features both front and back door access to facilitate deliveries. The owner is open to considering various types of uses, with potential rent variations depending on the business. The space is suitable for restaurants, offices, retail stores, or other businesses catering to local residents and visitors. The building benefits from large windows that provide natural light, high ceilings that create a spacious atmosphere, and outdoor signage opportunities. Accessibility is enhanced by an elevator and two staircases. There are currently three bathrooms. A full-size basement with high ceilings is also included. An easement is in place on the southwest side of the building. The property is available for lease or sale.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$365.3K
NOI $32,873 @ 9.00% cap · cautious / downside scenario
Moderate
$469.6K
NOI $32,873 @ 7.00% cap · market / base-case scenario
Aggressive
$657.5K
NOI $32,873 @ 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 Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.0k | $15.00 |
| − Vacancy | −$1.2k | −$0.39 |
| EGI | $43.8k | $14.61 |
| − OpEx | −$11.0k | −$3.65 |
| NOI | $32.9k | $10.96 |
3,000 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$469.6K
$410.9K – $547.9K
NOI $32,873 @ 7.0% cap · market cap 8.22%
Second Best
Specialty Retail
$422.8K
$370.0K – $493.3K
NOI $29,597 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$625.1K
$547.0K – $729.3K
NOI $43,760 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.5726881
- Latitude
- 38.2713417
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Ideally located building suitable for retail, office, or restaurant.
Where is this storefront property located?
The property is located at 2100 East 4th Street Pueblo, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Ideally located steps from the Pueblo Riverwalk and adjacent to public parking.; Over 3000 Sq Ft on each of the 3 main levels.; Suitable for various uses: restaurants, offices, retail, or other businesses.
