2001 E Evans, Pueblo, CO 81004

Building Details

Year Built 1938 More

Listing Agency: Harmony Real Estate Group, Inc. m***@maryjohunt.com Show Phone

Listed By: Elizabeth Kim · License CO #1326617 Show Phone

Source: Wilksrealestate

Added: Oct 7 Changed: Nov 9 Last Checked: Nov 9 at 7:36PM

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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 Harmony Real Estate Group, Inc.

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Investment Insights

Based on property information with market context.

The 2,100-square-foot storefront was constructed in 1938 and has housed retail liquor operations since 1990. The property includes a basement for storage, along with walk-in coolers, appliances, and other business equipment and furnishings. Remaining inventory is also included in the offering.

The sale combines the real estate with the existing retail business infrastructure. Any continued liquor sales are subject to transfer of the liquor license and required approvals.

Key Highlights

• 2,100‑square‑foot storefront built in 1938
• Retail liquor business has operated at the property since 1990
• Basement storage area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,337

Cap Rate

6.45%

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

Is this asking price fair?

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 (±1% cap)

NOI $19,337 @ 7.0% cap · market cap 6.45%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$437.6K

$382.9K – $510.5K (±1% cap)

NOI $30,632 @ 7.0% cap · market cap 10.21%

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

Powder Keg Liquors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon HVAC Service Parking Lot & Garage

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

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

557

Businesses Nearby

Under-served

Demand for This Use

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

Market

Average Price Trend$/SF for Storefront properties in Pueblo, CO

$156 Jul

$174 Aug

$160 Sep

$160 Oct

Properties on Market for Storefront properties in Pueblo

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Existing retail operations include walk-in coolers, appliances, and substantial below-grade storage.

Where is this storefront property located?

The property is located at 2001 E Evans Pueblo, CO.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: 2,100‑square‑foot storefront built in 1938; Retail liquor business has operated at the property since 1990; Basement storage area