Storefront Property with Overhead
For Sale
$224,900
1918 W Northern Ave, Pueblo, CO 81004
An open interior, paved parking, and B-1 zoning support neighborhood-oriented commercial uses.
Property Size2,100 SF
Lot Size0.28 Acres
Price / SF$107.10
Days on Market35
Property Features for 1918 W Northern Ave
General Information
Standard status
Active
Size
2,100 SF
Lot size
0.28 Acres
Property subtype
Commercial
Zoning
B-1
Site & Location
Neighborhood
Lakeview
Corner Location
Yes
Building Details
Year Built
1969
Buildings
1
Listing Agency:
The Saucedo Real Estate Group
Listed By:
The All Star Team
(719) 320-1822
Source:
719coloradohome
Added: Sep 27
Changed: Oct 31
Last Checked: Oct 30 at 3:01PM
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 The Saucedo Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 1969, this storefront property contains approximately 2,100 square feet on a 0.28-acre corner lot. The interior has an open layout, overhead doors, and ceilings approximately 12 feet high. Paved parking is also on site, and the property is zoned B-1.
The property is located at 1918 W Northern Ave in Pueblo, Colorado. Its corner position and paved parking are practical features for a commercial site, while the open interior provides flexible space for business use.
The property is located at 1918 W Northern Ave in Pueblo, Colorado. Its corner position and paved parking are practical features for a commercial site, while the open interior provides flexible space for business use.
Key Highlights
- Approximately 2,100 square feet of building area
- 0.28‑acre corner lot
- Open interior with overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,337
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,740
$386.7K
Cap Rate 7%
$276,243
$276.2K
Cap Rate 9%
$214,856
$214.9K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$29.2K $13.92/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$27.6K $13.15/SF
− OpEx
−$8.3K −$3.95/SF
NOI
$19.3K $9.21/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,740
Cap Rate 7%
$276,243
Cap Rate 9%
$214,856
Alternative Uses
Best Use
Retail
$276.2K
$241.7K – $322.3K
NOI $19,337 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$437.6K
$382.9K – $510.5K
NOI $30,632 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - An open interior, paved parking, and B-1 zoning support neighborhood-oriented commercial uses.
Where is this storefront property located?
The property is located at 1918 W Northern Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Approximately 2,100 square feet of building area; 0.28‑acre corner lot; Open interior with overhead doors
