Mixed-Use Retail Building with
305-307 S Union Ave, Pueblo, CO 81001
For Sale
New
$250,000
Commercial Sale, Pueblo, CO
Property Size1,376 SF
Lot Size0.06 Acres
Price / SF$181.69
Days on Market1
Property Features for 305-307 S Union Ave
General Information
Property type
Property subtype
Zoning
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private outdoor patio
Building Details
Year built
Floors in Building
Roof type
Buildings
Listing Agency:
Keller Williams Performance Realty · Keller Williams Realty
Listed By:
The Steve Henson Sales Team
(719) 583-1100
Added: Nov 6
Last Checked: Nov 6 at 10:06PM
MLS# 243121
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 1,376-square-foot mixed-use building, constructed in 1890, has a retail area, separate lounge, office, storage, and private outdoor patio. Large storefront windows face S Union Avenue. Recent work included plumbing and sewer line updates. The property is zoned HB and uses public water and sewer, with forced-air natural gas heat and central air conditioning.
At 305-307 S Union Ave, the building is in Pueblo’s Historic Union Avenue District and backs onto Neon Alley. The Historic Arkansas Riverwalk is a few blocks away.
At 305-307 S Union Ave, the building is in Pueblo’s Historic Union Avenue District and backs onto Neon Alley. The Historic Arkansas Riverwalk is a few blocks away.
Key Highlights
- 1,376‑square‑foot building on a 0.055‑acre lot
- Retail area, separate lounge, office, and storage
- Private outdoor patio and large storefront windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,375
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,500
$267.5K
Cap Rate 7%
$191,071
$191.1K
Cap Rate 9%
$148,611
$148.6K
Market Conditions
NOI Build-Up for 1,376 SF
Gross rent
$22.3K $16.20/SF
− Vacancy
−$892 −$0.65/SF
EGI
$21.4K $15.55/SF
− OpEx
−$8.0K −$5.83/SF
NOI
$13.4K $9.72/SF
Area
Pueblo, CO
Vacancy
4.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,500
Cap Rate 7%
$191,071
Cap Rate 9%
$148,611
Alternative Uses
Best Use
Mixed Use
$191.1K
$167.2K – $222.9K
NOI $13,375 @ 7.0% cap · market cap 5.35%
Second Best
Retail
$181.0K
$158.4K – $211.2K
NOI $12,670 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$286.7K
$250.9K – $334.5K
NOI $20,071 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,849
Businesses Nearby
Explore this area
Business Placement
Demographics for 81001, CO
31,107
Population
13,651
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
32.0 sq mi
ZIP Area
972
Density / Sq Mi
$47,086
Median Household Income
$35,204
Median Earnings
$1,027
Median Rent
$208,400
Median Home Value
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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?
Mixed-use property - The interior has distinct retail, lounge, office, and storage areas.
Where is this mixed-use property located?
The property is located at 305-307 S Union Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,376‑square‑foot building on a 0.055‑acre lot; Retail area, separate lounge, office, and storage; Private outdoor patio and large storefront windows
