Downtown Industrial Building For Sale

311 Lamkin Street Pueblo, CO 81003

Claim this Listing
For Sale
$1,100,000

Over 10,000 sq ft I-2 zoned commercial building.

Type:Industrial
Property size:
10,240 SF
Price / SF:
$107/SF
Added:
Sep 25, 2025
Days on Market:
290
Last Refresh:
May 8 at 10:09 pm

Property Features for 311 Lamkin Street

General Information

Standard status
Active
Size
10,240 SF
Property subtype
Industrial

Listing office RE/MAX

Listing date Sep 25, 2025

Source Remaxcommercial

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


Investment Insights

Based on property information with market context.

This industrial commercial building offers over 10,000 square feet of space. Currently operating as a body shop, the open concept layout allows for flexible conversion to suit various needs. Located in the Union Historical area, it is one of the few remaining properties downtown with I-2 zoning. This property presents a terrific opportunity for various industrial or commercial ventures.

Key Highlights

  • Over 10,000 sq feet of space
  • I‑2 zoning
  • Open concept building

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 $142.5k $13.92
− Vacancy −$7.8k −$0.77
EGI $134.7k $13.15
− OpEx −$40.4k −$3.95
NOI $94.3k $9.21
10,240 SF · lease $13.92/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,291 @ 7.0% cap · market cap 8.57%
Second Best
Industrial
$694.2K
$607.4K – $809.9K (±1% cap)
NOI $48,592 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$2.13M
$1.87M – $2.49M (±1% cap)
NOI $149,367 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Marquis Paint and Body Auto Repair Shop

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store Pet Grooming Service Travel Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store (Bike/Boat/Book/etc) Store Locksmith

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

FAQs

What type of property is this?
Industrial property - Over 10,000 sq ft I-2 zoned commercial building.
Where is this industrial property located?
The property is located at 311 Lamkin Street Pueblo, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Over 10,000 sq feet of space; I‑2 zoning; Open concept building
Contact an agent
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