Advertise
    Location, address, ZIP or keywords
    Back to Search
    Mixed-Use Investment Property in Pueblo

    1941-43 Lake Ave Pueblo, CO 81004

    Claim this Listing
    Picture of Mixed-use properties at 1941-43 Lake Ave, Pueblo, CO
    For Sale
    $595,000

    COMMERCIAL - Pueblo, CO

    Property size:
    3,642 SF
    Price / SF:
    $163/SF
    Added:
    Sep 3, 2025
    Days on Market:
    312
    Last Refresh:
    Jul 11 at 2:06 pm

    Property Features for 1941-43 Lake Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-1
    Standard status
    Active
    APN
    1511401013
    Size
    3,642 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOTS 30 TO 33 BLK 4 LAKEVIEW PL
    Tax Annual Amount
    3950

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1907
    Roof type
    Tar/Gravel

    Listing agent Shawn Martinez License #Fa40004934

    Listing office Rocky Mountain Realty 201 N Main St., Pueblo, CO

    Listing date Sep 3, 2025

    MLS# 234415

    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.

    Investment Insights

    Based on property information with market context.

    This well-maintained mixed-use property features a total of seven units, including five residential apartments and two commercial storefronts. The property is centrally located near St. Mary-Corwin Hospital, shopping areas, schools, and I-25. The residential units are fully leased and feature a mix of spacious floor plans. The commercial spaces benefit from excellent street exposure and stable business tenancy. The property is located in Pueblo, CO, and has a B-1 zoning. The building has a total size of 3,642 square feet.

    Key Highlights

    • Well‑maintained 7‑unit mixed‑use property featuring 5 residential apartments and 2 commercial storefronts.
    • Centrally located near St. Mary‑Corwin Hospital, shopping, schools, and I‑25 for easy access.
    • Fully leased residential units offer spacious floor plans.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    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.

    Component $ $/SF
    Gross rent $59.0k $16.20
    − Vacancy −$2.4k −$0.65
    EGI $56.6k $15.55
    − OpEx −$21.2k −$5.83
    NOI $35.4k $9.72
    3,642 SF · lease $16.20/SF/yr · vacancy 4.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $505.7K
    $442.5K – $590.0K (±1% cap)
    NOI $35,400 @ 7.0% cap · market cap 5.95%
    Second Best
    Retail
    $479.1K
    $419.2K – $558.9K (±1% cap)
    NOI $33,536 @ 7.0% cap · market cap 5.64%
    Theoretical Best
    Office A
    $758.9K
    $664.1K – $885.4K (±1% cap)
    NOI $53,124 @ 7.0% cap · market cap 8.93%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Big Box & Wholesale Store HVAC Service Gym & Fitness Center Building Supply Parking Lot & Garage

    Zoning and permitted uses should be independently verified with local authorities.

    Similar For Sale Nearby

    • $725,000
      4,240 SF

      High-Traffic Medical Office Building

      Two tenant-occupied suites offer dedicated office, dental, lab, and mortgage layouts with client and staff parking access.
      2045 & 2047 Columbia, Pueblo, CO 81005
      View Details
    • $599,900
      5,745 SF

      Pueblo Commercial Property For Sale

      Mixed-use commercial property with retail and office spaces available.
      411 S Pueblo Blvd, Pueblo, CO 81005
      View Details
    • $889,000
      5,160 SF

      Corner Commercial Building with Parking

      Turnkey downtown corner property with open plan interiors, included furnishings, and approximately 20 off-street parking spaces.
      127 N Santa Fe Ave, Pueblo, CO 81003
      View Details
    • $945,000
      10,000 SF

      5.15 Acre Flex Campus

      Multi-building campus with flexible zoning near downtown Pueblo.
      302 Meade Ave, Pueblo, CO 81001
      View Details
    • $1,100,000
      5,000 SF

      Functional Auto Shop and Garage Complex

      Multi-building auto shop site with service, pull-through storage, finished garage, and an included rental residence.
      867 28th Lane, Pueblo, CO 81006
      View Details
    • $695,000
      5,260 SF

      Multi-Tenant Office Building For Sale

      Well-maintained office building with highway access and tenant occupancy.
      1805 Fortino, Pueblo, CO 81008
      View Details
    • $2,950,000
      10,800 SF

      Truck Terminal with Drive-Through Bays

      Newly completed trucking facility designed for fast flow, featuring drive-through bays and high-volume loading capacity.
      20 Monarch Ln, Pueblo, CO 81004
      View Details
    • $750,000
      5,152 SF

      Historic Multi-Level Downtown Commercial Building

      A three-level, mezzanine-ready retail facility with prominent storefront windows on a high-visibility downtown corridor.
      311 N Santa Fe Ave, Pueblo, CO 81003
      View Details
    • $1,250,000
      8,627 SF

      Pueblo Commercial Investment Opportunity

      Prime commercial property in downtown Pueblo with long-term NNN lease.
      1414 W 4th St, Pueblo, CO 81004
      View Details
    • $459,900
      2,750 SF

      High-Visibility Office Building

      Office building with reception, 12 offices, ADA bathrooms, kitchen, and Cat 5/6 wiring at a corner location.
      1300 N Elizabeth St, Pueblo, CO 81003
      View Details
    • $325,000
      1,150 SF

      Drive-Through Retail Restaurant Building

      Former Sonic Drive-In site with a drive-through order layout and electronic pole sign on B-4 Pueblo Blvd.
      1005 S Pueblo Blvd, Pueblo, CO 81005
      View Details
    • $2,350,000
      23,534 SF

      Pueblo Commercial Opportunity For Sale

      23,534 SF building on 2.6 acres in Pueblo, Colorado.
      4106 Outlook Blvd, Pueblo, CO 81008
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Seven-unit mixed-use property with residential and commercial spaces.
    Where is this mixed-use property located?
    The property is located at 1941-43 Lake Ave Pueblo, CO.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Well‑maintained 7‑unit mixed‑use property featuring 5 residential apartments and 2 commercial storefronts.; Centrally located near St. Mary‑Corwin Hospital, shopping, schools, and I‑25 for easy access.; Fully leased residential units offer spacious floor plans.
    Contact an agent
    (719) 240-2502
    We can help!
    Contact an agent
    Shawn Martinez
    Shawn Martinez
    Real Estate License ID: Fa40004934
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1941-43 Lake Ave, Pueblo, CO 81004
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!