Three-Level Storefront
311 N Santa Fe Ave, Pueblo, CO 81003
For Sale
$650,000
Commercial Sale, Pueblo, CO
Property Size5,152 SF
Lot Size0.09 Acres
Price / SF$126.16
Days on Market166
Property Features for 311 N Santa Fe 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
Water source
Building Details
Year built
Floors in Building
Roof type
Listing Agency:
RE/MAX Of Pueblo Inc · RE/MAX International
(719) 546-1717
Listed By:
Elizabeth Gladney · License CO FA1000076157
(719) 671-6776
Added: Jun 2
Changed: Oct 18
Last Checked: Nov 14 at 1:06AM
MLS# 238834
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 1910 commercial storefront building offers more than 10,000 square feet across three levels and a mezzanine, with broad display windows and open interior areas. The property previously operated as a furniture showroom and includes forced-air heating fueled by natural gas, a tar and gravel roof, public water, and public sewer.
Zoned B-4, the building supports a range of commercial applications identified in the listing, including retail, office, restaurant, mixed-use, and redevelopment. The property is located at 311 N Santa Fe Ave in downtown Pueblo, near the Riverwalk and Sangre de Cristo Arts Center, with access to I-25 and nearby dining, retail, and cultural destinations.
Zoned B-4, the building supports a range of commercial applications identified in the listing, including retail, office, restaurant, mixed-use, and redevelopment. The property is located at 311 N Santa Fe Ave in downtown Pueblo, near the Riverwalk and Sangre de Cristo Arts Center, with access to I-25 and nearby dining, retail, and cultural destinations.
Key Highlights
- More than 10,000 square feet across three levels plus mezzanine
- B‑4 zoning supports retail, office, restaurant, mixed‑use, and redevelopment uses
- Large storefront display windows and open floor plans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,440
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$948,800
$948.8K
Cap Rate 7%
$677,714
$677.7K
Cap Rate 9%
$527,111
$527.1K
Market Conditions
NOI Build-Up for 5,152 SF
Gross rent
$71.7K $13.92/SF
− Vacancy
−$3.9K −$0.77/SF
EGI
$67.8K $13.15/SF
− OpEx
−$20.3K −$3.95/SF
NOI
$47.4K $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%
$948,800
Cap Rate 7%
$677,714
Cap Rate 9%
$527,111
Alternative Uses
Best Use
Retail
$677.7K
$593.0K – $790.7K
NOI $47,440 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$939.4K – $1.25M
NOI $75,150 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,151
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Pueblo, CO
Properties on Market for Storefront properties in Pueblo
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
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- River Walk Florist — 814 N Elizabeth St, Pueblo, CO 81003
- PS I Love You Flowers & Gifts — 800 N Santa Fe Ave, Pueblo, CO 81003
Frequently Asked Questions
What type of property is this?
Storefront property - B-4-zoned commercial property with expansive display windows and adaptable interior space for multiple commercial uses.
Where is this storefront property located?
The property is located at 311 N Santa Fe Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: More than 10,000 square feet across three levels plus mezzanine; B‑4 zoning supports retail, office, restaurant, mixed‑use, and redevelopment uses; Large storefront display windows and open floor plans
