Restaurant Building with
2920 Hart Rd, Pueblo, CO 81008
For Sale
$645,000
Commercial Sale, Pueblo, CO
Property Size4,865 SF
Lot Size0.54 Acres
Price / SF$132.58
Days on Market92
Property Features for 2920 Hart Rd
General Information
Property type
Property subtype
Zoning
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Roof type
Listing Agency:
The Hancock Group
(719) 384-2541
Listed By:
Brian Hancock · License CO EA000116571
(719) 469-7661
Added: Aug 15
Changed: Nov 5
Last Checked: Nov 14 at 12:06AM
MLS# 241750
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.
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Investment Insights
Based on property information with market context.
This 4,865-square-foot restaurant property occupies 0.544 acres and has operated as a restaurant for many years. The building includes a well-equipped kitchen, spacious customer seating, and a bar, with potential availability of the tenant’s restaurant equipment. Constructed in 1978, the property has a tile roof, forced-air natural gas heat, and central air conditioning.
Public water and public sewer serve the site. The property is located near a mall, King Soopers, Wells Fargo Bank, and Natural Grocers in Pueblo, providing an established commercial setting for restaurant operations. B-4 zoning is in place, and the current lease is nearing expiration.
Public water and public sewer serve the site. The property is located near a mall, King Soopers, Wells Fargo Bank, and Natural Grocers in Pueblo, providing an established commercial setting for restaurant operations. B-4 zoning is in place, and the current lease is nearing expiration.
Key Highlights
- 4,865‑square‑foot restaurant building on 0.544 acres
- Well‑equipped kitchen with spacious seating and a bar
- B‑4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,997
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,940
$959.9K
Cap Rate 7%
$685,671
$685.7K
Cap Rate 9%
$533,300
$533.3K
Market Conditions
NOI Build-Up for 4,865 SF
Gross rent
$67.7K $13.92/SF
− Vacancy
−$3.7K −$0.77/SF
EGI
$64.0K $13.15/SF
− OpEx
−$16.0K −$3.29/SF
NOI
$48.0K $9.87/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,940
Cap Rate 7%
$685,671
Cap Rate 9%
$533,300
Alternative Uses
Best Use
Specialty Retail
$685.7K
$600.0K – $800.0K
NOI $47,997 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$887.1K – $1.18M
NOI $70,964 @ 7.0% cap · market cap 11.00%
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
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 81008, CO
11,868
Population
5,302
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
102.2 sq mi
ZIP Area
116
Density / Sq Mi
$68,389
Median Household Income
$45,445
Median Earnings
$1,396
Median Rent
$280,400
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - B-4-zoned property includes a well-equipped kitchen, spacious seating, and public water and sewer service.
Where is this conventional restaurant located?
The property is located at 2920 Hart Rd Pueblo, CO.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 4,865‑square‑foot restaurant building on 0.544 acres; Well‑equipped kitchen with spacious seating and a bar; B‑4 zoning
