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Pueblo Commercial Investment Opportunity

300 &224 N Chester Ave Pueblo, CO 81003

300 &224 N Chester Ave, Pueblo, CO, 81003
$597,000
For Sale
$597,000

COMMERCIAL - Pueblo, CO

Property Size3,120 SF
Lot Size1.32 Acres
Price / SF$191.35
Days on Market230

Property Features for 300 &224 N Chester Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
I-2
Standard status
Active
APN
431220010 multiple
Size
3,120 SF
Lot size
1.32 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
PARCEL 1:LOTS 9 - 12 BLK 5 EAST PUEBLO LESS RR R/W ALSO 1/2 VAC 3RD ST ADJ BY #1078386 FORMERLY 04-312-20-004;PARCEL2&3 LENGTHY
Tax Annual Amount
1040

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1963
Floors in Building
1
Roof type
Flat, Metal
Listing Agency RE/MAX Of Pueblo Inc
511 W 29th Street Suite A, Pueblo, CO
Listed by Tia Hoar · License #FA.100076433
Added: Nov 28, 2025 Checked: Jul 16 at 5:06 pm
MLS# 235860

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 property offers an investment opportunity with three parcels featuring I2 and B3 zoning, providing flexibility for various business ventures. The first building, spanning 2,400 square feet, is zoned for industrial use. The second building, encompassing 720 square feet, is zoned B3. An enclosed carport adds convenience. The entire property is fenced. The property includes 3,120 square feet of building area on a 1.32-acre lot. The property is located in Pueblo, CO.

Key Highlights

  • Multiple Parcels with I2 and B3 Zoning: Offers flexibility for various business ventures.
  • Turnkey Pawn Shop Opportunity: Includes existing business and inventory for immediate operation.
  • Two Buildings: 2,400 sq ft (I2) and 720 sq ft (B3) provide diverse usage options.

Local Financial Insights For Retail

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 $43.4k $13.92
− Vacancy −$2.4k −$0.77
EGI $41.0k $13.15
− OpEx −$12.3k −$3.95
NOI $28.7k $9.21
3,120 SF · lease $13.92/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$410.4K
$359.1K – $478.8K (±1% cap)
NOI $28,729 @ 7.0% cap · market cap 4.81%
Second Best
Industrial
$211.5K
$185.1K – $246.8K (±1% cap)
NOI $14,805 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$650.1K
$568.9K – $758.5K (±1% cap)
NOI $45,510 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sharpy's Pawn Discount Store

Suggested Use

Dental Office Auto Parts Store Storage Facility Daycare Center Home Appliance Store Big Box & Wholesale Store Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

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FAQs

What type of property is this?
Storefront property - Three parcels with I2 and B3 zoning, great investment opportunity!
Where is this storefront property located?
The property is located at 300 &224 N Chester Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $597,000.
What are key features of this property?
This property features: Multiple Parcels with I2 and B3 Zoning: Offers flexibility for various business ventures.; **Turnkey Pawn Shop Opportunity:** Includes existing business and inventory for immediate operation.; Two Buildings: 2,400 sq ft (I2) and 720 sq ft (B3) provide diverse usage options.
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