High-Visibility Commercial Property in
1300 N Elizabeth St, Pueblo, CO 81003
- Added:
- Mar 9, 2026
- Days on Market:
- 76
- Last Refresh:
- May 23 at 1:06 pm
Property Features for 1300 N Elizabeth St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-2
- Fencing
- Fenced
- Standard status
- Active
- APN
- 0525410007
- Size
- 2,750 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lots 9-10-11 Blk 38 County Add
- Tax Annual Amount
- 2426
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Roof type
- Flat, Rubber
Listing agent Mary Highline (719) 250-2020
Listing office Believers Realty, Inc. CO (719) 544-0400
Listing date Mar 9, 2026
MLS# 238473
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.
HighLights
- High‑visibility location with access off both 13th and Elizabeth Streets, ideal for business exposure.
- Grandfathered tall lighted sign, visible from a block away, offering significant advertising potential.
- Flexible space with a large reception area, 12 offices (2 large enough for conference rooms), storeroom/office, and kitchen.
- New specialty roof with transferable warranty, providing long‑term protection and peace of mind.
- Good parking plus a 4‑car canopy/carport and shed, offering convenient vehicle and storage solutions.
- Potential for R‑5 zoning approval for multifamily/condo/residence/office conversion (buyer to confirm).
Overview
Located in Pueblo, Colorado, this commercial property offers a high-visibility location with access from both 13th and Elizabeth Streets. The property features a large reception area, twelve offices (two large enough to serve as conference rooms), a storeroom or additional office space, and a kitchen area. It includes two ADA-compliant bathrooms. A tall, lighted sign, grandfathered in for its size, height, and location, is visible from a block away. Situated six blocks west of I-25, at the corner of Elizabeth and 13th streets, the property is a short distance from Parkview Hospital. It provides good parking and a 4-car carport with 836 square feet for protection from the elements. A good-sized shed is also included. The property benefits from high ceilings and bright, sunny windows. A new specialty roof with extra foam under a silicone coating has been installed, and the warranty is transferable to the buyers. Phase 1 and Phase 11 reports, along with soil tests, are available. Cat 5 and Cat 6 wiring are in place. According to the zoning office, obtaining R-5 approval for multifamily, condo, residence, or office use would be straightforward. The property has a B-2 zoning. The lot size is 0.378 acres and the property size is 2,750 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$334.8K
NOI $30,133 @ 9.00% cap · cautious / downside scenario
Moderate
$430.5K
NOI $30,133 @ 7.00% cap · market / base-case scenario
Aggressive
$602.7K
NOI $30,133 @ 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 | $41.3k | $15.00 |
| − Vacancy | −$1.1k | −$0.39 |
| EGI | $40.2k | $14.61 |
| − OpEx | −$10.0k | −$3.65 |
| NOI | $30.1k | $10.96 |
2,750 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$430.5K
$376.7K – $502.2K
NOI $30,133 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$289.6K
$253.4K – $337.9K
NOI $20,275 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$573.0K
$501.4K – $668.6K
NOI $40,113 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Believers Realty
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.6145645
- Latitude
- 38.2790543
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Commercial property with high visibility, ample parking, and flexible zoning.
Where is this office building located?
The property is located at 1300 N Elizabeth St Pueblo, CO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: High‑visibility location with access off both 13th and Elizabeth Streets, ideal for business exposure.; Grandfathered tall lighted sign, visible from a block away, offering significant advertising potential.; Flexible space with a large reception area, 12 offices (2 large enough for conference rooms), storeroom/office, and kitchen.
