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Mixed-Use Building with Restaurant

127 N Santa Fe Ave, Pueblo, CO 81003

For Sale
New
$794,000

Commercial Sale, Pueblo, CO

Property Size5,160 SF
Lot Size0.12 Acres
Price / SF$153.88
Days on Market1

Property Features for 127 N Santa Fe Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-4
Subdivision Union Historical
Lot features Corner Lot, Free Standing, Historic Business District
Elementary school 60
Middle school 60
High school 60
Standard status Active
APN 0536137001
Size 5,160 SF
Lot size 0.12 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Site & Location

Corner Location Yes
Mixed-Use Components restaurant, retail

Taxes and HOA fees

Tax Year 2025
Tax Description N 81/100 FT OF LOT 2 ALL 3 BLK 30 PUEBLO
Tax Annual Amount 16048
Legal Description N 81/100 FT OF LOT 2 ALL 3 BLK 30 PUEBLO

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 1
Roof type Flat
Listing Agency: Keller Williams Performance Realty · Keller Williams Realty
Listed By: The Steve Henson Sales Team
Added: Nov 6 Last Checked: Nov 6 at 7:06PM
MLS# 243113

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.

Rey
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Investment Insights

Based on property information with market context.

The 5,160-square-foot property occupies a 0.12-acre parcel and combines a restaurant with a separate retail unit. The restaurant area has high ceilings, large windows, a full bar setup, and a kitchen; furniture and fixtures are included. The building dates to 1900 and has B-4 zoning, natural gas forced-air heat, central air conditioning, public water, and public sewer.

At 127 N Santa Fe Ave in Pueblo, the property is near the Sangre de Cristo Arts Center, Courtyard by Marriott, and Historic Arkansas Riverwalk. A retail unit is currently leased, while the restaurant space includes furnishings and equipment for its existing configuration.

Key Highlights

  • 5,160‑square‑foot mixed‑use property on a 0.12‑acre parcel
  • Restaurant area includes high ceilings, large windows, a full bar setup, and kitchen space
  • Separate retail unit is currently leased

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,908
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,018,160 $1.0M
Cap Rate 7%
$727,257 $727.3K
Cap Rate 9%
$565,644 $565.6K
Market Conditions
NOI Build-Up for 5,160 SF
Gross rent
$71.8K $13.92/SF
− Vacancy
−$4.0K −$0.77/SF
EGI
$67.9K $13.15/SF
− OpEx
−$17.0K −$3.29/SF
NOI
$50.9K $9.87/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,018,160
Cap Rate 7%
$727,257
Cap Rate 9%
$565,644

Alternative Uses

Best Use
Specialty Retail
$727.3K
$636.4K – $848.5K (±1% cap)
NOI $50,908 @ 7.0% cap · market cap 6.41%
Second Best
Mixed Use
$716.5K
$626.9K – $835.9K (±1% cap)
NOI $50,155 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$1.08M
$940.8K – $1.25M (±1% cap)
NOI $75,267 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Breaker Arcade Bar Arcade & Gaming Center

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,013
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A separate retail suite is leased, alongside a furnished restaurant space with bar and kitchen areas.
Where is this mixed-use property located?
The property is located at 127 N Santa Fe Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $794,000.
What are key features of this property?
This property features: 5,160‑square‑foot mixed‑use property on a 0.12‑acre parcel; Restaurant area includes high ceilings, large windows, a full bar setup, and kitchen space; Separate retail unit is currently leased
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