Historic Bowen Mansion For
229 W 12th St, Pueblo, CO 81003
- Added:
- Jan 29, 2026
- Days on Market:
- 114
- Last Refresh:
- May 23 at 1:06 pm
Property Features for 229 W 12th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-4
- Standard status
- Active Under Contract
- APN
- 0525416005
- Size
- 5,629 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOTS 9 + 10 BLK 11 COUNTY ADD
- Tax Annual Amount
- 0
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1952
- Floors in Building
- 2
- Roof type
- Asphalt
Listing agent Eric Estrada (719) 722-0009
Listing office Keller Williams Clients Choice CO (719) 535-0355
Listing date Jan 29, 2026
MLS# 233417
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
- Nationally Registered Historic Landmark: The Bowen Mansion offers a unique opportunity to own a piece of Colorado history.
- Versatile Commercial Space: Features 10 office rooms, 2 conference rooms, and 4 bathrooms.
- Architectural Masterpiece: Showcases Queen Anne‑Richardsonian Romanesque design with a dome‑topped tower, crystal‑cut windows, and rich brickwork.
- Prime Location: Situated on a prominent corner lot in Pueblo, offering high visibility and classic curb appeal.
- Modern Amenities: Retrofitted with central air, natural gas heating, and public water/sewer.
- Private Parking: Includes a private parking lot with 6 spaces.
Overview
The Bowen Mansion, a historic treasure listed on the National Register of Historic Places, is available for purchase. Constructed by Colorado Senator Thomas Mead Bowen, this Queen Anne-Richardsonian Romanesque building combines architectural elegance with modern commercial functionality. Located on a corner lot in Pueblo, the mansion features a dome-topped tower, crystal-cut windows, and red brickwork with rusticated stone accents. The structure includes three towers—South, West, and East—and covered porches. The interior features golden oak finishes, carved fireplaces, a grand staircase, and a butler's pantry. The property offers 10 office rooms, 4 bathrooms, and 2 conference rooms, suitable for various commercial uses. Situated on two city lots, the property includes a private parking lot with 6 spaces. The property has been retrofitted for modern business needs while maintaining its historic character. The property is zoned B-4. The 5,629 square foot building sits on a 0.2424-acre lot. Potential uses include a boutique hotel, event venue, law firm, or creative collective.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$685.3K
NOI $61,680 @ 9.00% cap · cautious / downside scenario
Moderate
$881.1K
NOI $61,680 @ 7.00% cap · market / base-case scenario
Aggressive
$1.23M
NOI $61,680 @ 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 | $84.4k | $15.00 |
| − Vacancy | −$2.2k | −$0.39 |
| EGI | $82.2k | $14.61 |
| − OpEx | −$20.6k | −$3.65 |
| NOI | $61.7k | $10.96 |
5,629 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$881.1K
$771.0K – $1.03M
NOI $61,680 @ 7.0% cap · market cap 7.86%
Second Best
Hotel Hospitality
$257.8K
$225.6K – $300.8K
NOI $18,048 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,108 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Map
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.6099815
- Latitude
- 38.2782938
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Historic mansion suitable for various commercial uses.
Where is this office building located?
The property is located at 229 W 12th St Pueblo, CO.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Nationally Registered Historic Landmark: The Bowen Mansion offers a unique opportunity to own a piece of Colorado history.; Versatile Commercial Space: Features 10 office rooms, 2 conference rooms, and 4 bathrooms.; Architectural Masterpiece: Showcases Queen Anne‑Richardsonian Romanesque design with a dome‑topped tower, crystal‑cut windows, and rich brickwork.
