Pueblo Commercial Investment
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
(719) 546-1717
511 W 29th Street Suite A, Pueblo, CO
Listed by
Tia Hoar · License #FA.100076433
(719) 470-1599
Added: Nov 28, 2025 Checked: Jul 16 at 6:06 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
NOI $28,729 @ 7.0% cap · market cap 4.81%
Second Best
Industrial
$211.5K
$185.1K – $246.8K
NOI $14,805 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$650.1K
$568.9K – $758.5K
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
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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.
