Storefront Retail
For Sale
$395,000
3029 N Elizabeth St, Pueblo, CO 81008
Commercial space near I-25 and U.S. Highway 50.
Property Size2,915 SF
Price / SF$135.51
Days on Market114
Property Features for 3029 N Elizabeth St
General Information
Standard status
Active
Size
2,915 SF
Property subtype
Commercial
Building Details
Year Built
1951
Listing Agency:
RE/MAX Of Pueblo Inc
Listed By:
Elizabeth Gladney · License #100076157
(719) 546-1717
Source:
719coloradohome
Added: Jun 24
Changed: Oct 1
Last Checked: Oct 14 at 11:06PM
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
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Investment Insights
Based on property information with market context.
This 2,915-square-foot storefront retail building provides a flexible commercial setting for retail operations, professional services, or an owner-occupied business. Constructed in 1951, the property offers an established building format for a business seeking a visible presence.
Located at 3029 N Elizabeth Street, the property is near I-25 and U.S. Highway 50 within a busy commercial corridor. Surrounding context includes established businesses, shopping, dining, and major transportation routes, supporting convenient access for customers and daily operations.
Located at 3029 N Elizabeth Street, the property is near I-25 and U.S. Highway 50 within a busy commercial corridor. Surrounding context includes established businesses, shopping, dining, and major transportation routes, supporting convenient access for customers and daily operations.
Key Highlights
- 2,915‑square‑foot storefront retail building
- Located at 3029 N Elizabeth Street
- Near I‑25 and U.S. Highway 50
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,842
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,840
$536.8K
Cap Rate 7%
$383,457
$383.5K
Cap Rate 9%
$298,244
$298.2K
Market Conditions
NOI Build-Up for 2,915 SF
Gross rent
$40.6K $13.92/SF
− Vacancy
−$2.2K −$0.77/SF
EGI
$38.3K $13.15/SF
− OpEx
−$11.5K −$3.95/SF
NOI
$26.8K $9.21/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,840
Cap Rate 7%
$383,457
Cap Rate 9%
$298,244
Alternative Uses
Best Use
Retail
$383.5K
$335.5K – $447.4K
NOI $26,842 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$607.4K
$531.5K – $708.7K
NOI $42,520 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial space near I-25 and U.S. Highway 50.
Where is this storefront property located?
The property is located at 3029 N Elizabeth St Pueblo, CO.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,915‑square‑foot storefront retail building; Located at 3029 N Elizabeth Street; Near I‑25 and U.S. Highway 50
