Three-Unit Mixed-Use
For Sale
$189,900
1314 E Evans Ave, Pueblo, CO 81004
The building combines a commercial storefront with two occupied apartments, and tenants cover their utility costs.
Property Size1,988 SF
Price / SF$95.52
Days on Market36
Property Features for 1314 E Evans Ave
General Information
Standard status
Active
Size
1,988 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Bessemer
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
private courtyard
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Keller Williams Advantage
Listed By:
The Top Shelf Team · License #EB00275181
(719) 406-9834
Source:
719coloradohome
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 28 at 8:52AM
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 Keller Williams Advantage
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1,988 square feet, this mixed-use building contains a commercial storefront and two apartments. The storefront has a private bathroom and office. One apartment offers one bedroom and one bathroom; the upper residence has two bedrooms and one bathroom. All three spaces are occupied, and tenants pay utilities. The building dates to 1920 and has been remodeled, including installation of a new electrical service box and panel.
Private parking and a courtyard serve the property at 1314 E Evans Ave in Pueblo, Colorado.
Private parking and a courtyard serve the property at 1314 E Evans Ave in Pueblo, Colorado.
Key Highlights
- 1,988‑square‑foot mixed‑use property built in 1920
- Three occupied spaces: a commercial storefront and two apartments
- Storefront includes a private bathroom and office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,657
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,140
$293.1K
Cap Rate 7%
$209,386
$209.4K
Cap Rate 9%
$162,856
$162.9K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$27.7K $13.92/SF
− Vacancy
−$1.0K −$0.52/SF
EGI
$26.6K $13.40/SF
− OpEx
−$12.0K −$6.03/SF
NOI
$14.7K $7.37/SF
Area
Pueblo, CO
Vacancy
3.70%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,140
Cap Rate 7%
$209,386
Cap Rate 9%
$162,856
Alternative Uses
Best Use
Mixed Use
$276.0K
$241.5K – $322.1K
NOI $19,323 @ 7.0% cap · market cap 10.18%
Second Best
Retail
$261.5K
$228.8K – $305.1K
NOI $18,306 @ 7.0% cap · market cap 9.64%
Theoretical Best
Office A
$414.3K
$362.5K – $483.3K
NOI $28,998 @ 7.0% cap · market cap 15.27%
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
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines a commercial storefront with two occupied apartments, and tenants cover their utility costs.
Where is this mixed-use property located?
The property is located at 1314 E Evans Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 1,988‑square‑foot mixed‑use property built in 1920; Three occupied spaces: a commercial storefront and two apartments; Storefront includes a private bathroom and office
