Turnkey Neighborhood Bar and
313 W Northern Ave Pueblo, CO 81004
New
313 W Northern Ave, Pueblo, CO, 81004
$350,000
For Sale
$350,000
COMMERCIAL - Pueblo, CO
Property Size1,500 SF
Price / SF$233.33
Days on Market1
Property Features for 313 W Northern Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-2
- Standard status
- Active
- APN
- 1501417014
- Size
- 1,500 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 27 BLK 49 CITY HALL PL
- Tax Annual Amount
- 1329
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Roof type
- Flat
Listing Agency
Rocky Mountain Realty
(719) 569-7276
201 N Main St., Pueblo, CO
Listed by
Shawn Martinez · License #Fa40004934
(719) 240-2502
Added: Jul 17 Checked: Jul 17 at 9:06 pm
MLS# 241230
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 for-sale property is a turnkey neighborhood bar operating continuously since 1998. The approximately 1,500-square-foot building has been maintained and includes an updated cooling system, a long bar with original craftsmanship, custom tables engraved with the business logo, and attractive tile flooring. The sale also includes the building, the established business, and all bar equipment and furnishings for a straightforward transition to new ownership.
The property is located at 313 W Northern Ave in Pueblo, CO 81004, in the Historic Bessemer District. Zoning is identified as B-2.
In addition to the main interior, the property features a spacious enclosed rear patio and a generous storage room that offers conversion potential to a prep or cooking area.
The property is located at 313 W Northern Ave in Pueblo, CO 81004, in the Historic Bessemer District. Zoning is identified as B-2.
In addition to the main interior, the property features a spacious enclosed rear patio and a generous storage room that offers conversion potential to a prep or cooking area.
Key Highlights
- Approximately 1,500 SF commercial building operating as Nunez Lounge continuously since 1998
- Historic Bessemer District neighborhood bar with longtime local customer base
- Updated cooling system; heating includes natural gas forced air
Local Financial Insights For Specialty 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 | $20.9k | $13.92 |
| − Vacancy | −$1.1k | −$0.77 |
| EGI | $19.7k | $13.15 |
| − OpEx | −$4.9k | −$3.29 |
| NOI | $14.8k | $9.87 |
1,500 SF · lease $13.92/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$211.4K
$185.0K – $246.7K
NOI $14,799 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$312.6K
$273.5K – $364.7K
NOI $21,880 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nunez Lounge
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- El Nopal Restaurant — 1435 E Evans Ave, Pueblo, CO 81004
- Capritta's Oasis — 1501 E Evans Ave, Pueblo, CO 81004
- The New Oasis — 1501 E Evans Ave, Pueblo, CO 81004
- Cosmopolitan Club — 311 Baystate Ave, Pueblo, CO 81004
- Chug-A-Mug — 1501 e evans ave, pueblo, co 81004
FAQs
What type of property is this?
Bar & Pub - Turnkey neighborhood bar includes the building, established business, and bar equipment with an enclosed rear patio.
Where is this bar & pub located?
The property is located at 313 W Northern Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 1,500 SF commercial building operating as Nunez Lounge continuously since 1998; Historic Bessemer District neighborhood bar with longtime local customer base; Updated cooling system; heating includes natural gas forced air
