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Restaurant and Event Venue Property
For Sale
$1,650,000

23344 US Hwy 50, Pueblo, CO 81006

Includes a 4,262-sq-ft restaurant, party barn, and two residences, with one home tenant-occupied.

Property Size4,262 SF
Lot Size16.42 Acres
Price / SF$387.14
Days on Market591

Property Features for 23344 US Hwy 50

General Information

Standard status Active
Size 4,262 SF
Lot size 16.42 Acres
Property subtype General Commercial

Additional Details

Business Included Yes

Amenities

CC

Building Details

Year Built 1965
Stories 1
Listing Agency: RE/MAX Of Pueblo Inc
Listed By: Tia Hoar · License #FA100076433
Source: Xome
Added: Dec 28, 2024 Changed: Aug 8 Last Checked: Aug 11 at 5:12AM

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 RE/MAX Of Pueblo Inc

Investment Insights

Based on property information with market context.

For sale is an established restaurant and event destination featuring a 4,262-sq-ft restaurant building that has served the community for decades as Giodone’s Restaurant. The property also includes a party barn designed for private events, weddings, or live music, along with two residential homes on the parcel.

One residence is currently tenant-occupied, providing ongoing occupancy within the same site. The vacant home is approximately 2,168 sq ft and includes 2 bedrooms, 2 bathrooms, and a bonus room.

Set on approximately 16.42 acres at 23344 E US Hwy 50 in Pueblo, this offering combines existing hospitality and event infrastructure with flexible on-site living options through the two residences. The restaurant and party barn can support continued operations or be adapted to a new use based on the buyer’s vision.

Key Highlights

  • About 16.42 acres with zoning CC
  • 4,262‑sq‑ft restaurant built in 1965, designed for continued dining/entertainment use
  • Party barn on the property for private events, weddings, or live music

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Spa & Massage Center Restaurant Pharmacy

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

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby
Well-served
Demand for This Use

Demographics for 81006, CO

11,653
Population
4,795
Households
2.4
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
112.4 sq mi
ZIP Area
104
Density / Sq Mi
$68,915
Median Household Income
$46,750
Median Earnings
$1,176
Median Rent
$317,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a 4,262-sq-ft restaurant, party barn, and two residences, with one home tenant-occupied.
Where is this conventional restaurant located?
The property is located at 23344 US Hwy 50 Pueblo, CO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: About 16.42 acres with zoning CC; 4,262‑sq‑ft restaurant built in 1965, designed for continued dining/entertainment use; Party barn on the property for private events, weddings, or live music
More about this property
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