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Storefront Property with Garage
For Sale
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321 W Northern Ave, Pueblo, CO 81004

Commercial Sale, Pueblo, CO

Property Size1,720 SF
Lot Size0.05 Acres
Price / SF$11.63
Days on Market51

Property Features for 321 W Northern Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-4
Subdivision Minnequa Area
Lot features Interior Lot, Neighborhood Business District, Historic Business District
Elementary school 60
Middle school 60
High school 60
Standard status Active
APN 1501417011
Size 1,720 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 23 BLK 49 CITY HALL PL
Tax Annual Amount 1976
Legal Description LOT 23 BLK 49 CITY HALL PL

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

alley access with garage

Building Details

Year built 1900
Floors in Building 1
Roof type Flat, Tar/Gravel
Listing Agency: Keller Williams Performance Realty · Keller Williams Realty
Listed By: The Blickenstaff Group
Added: Sep 2 Changed: Oct 19 Last Checked: Oct 22 at 1:06PM
MLS# 242071

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 storefront property offers 1,720 square feet of commercial space on a 0.05-acre parcel. The building dates to 1900 and includes an attached garage reached from the alley. A flat tar-and-gravel roof, natural gas heat, public water, and public sewer serve the property.

Located on W Northern Ave in Pueblo’s south side, the property carries B-4 zoning. Its storefront configuration, alley access, and garage provide a practical foundation for a range of commercial plans supported by the zoning designation.

Key Highlights

  • 1,720‑square‑foot storefront property
  • B‑4 zoning
  • Attached garage with alley access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,838
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,760 $316.8K
Cap Rate 7%
$226,257 $226.3K
Cap Rate 9%
$175,978 $176.0K
Market Conditions
NOI Build-Up for 1,720 SF
Gross rent
$23.9K $13.92/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$22.6K $13.15/SF
− OpEx
−$6.8K −$3.95/SF
NOI
$15.8K $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%
$316,760
Cap Rate 7%
$226,257
Cap Rate 9%
$175,978

Alternative Uses

Best Use
Retail
$226.3K
$198.0K – $264.0K (±1% cap)
NOI $15,838 @ 7.0% cap · market cap 79.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$358.4K
$313.6K – $418.2K (±1% cap)
NOI $25,089 @ 7.0% cap · market cap 125.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Parking Lot & Garage Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby
Under-served
Demand for This Use

Demographics for 81004, CO

26,005
Population
12,597
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
160.9 sq mi
ZIP Area
162
Density / Sq Mi
$48,620
Median Household Income
$33,925
Median Earnings
$1,002
Median Rent
$181,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - B-4-zoned commercial space with alley access and an attached garage.
Where is this storefront property located?
The property is located at 321 W Northern Ave Pueblo, CO.
What are key features of this property?
This property features: 1,720‑square‑foot storefront property; B‑4 zoning; Attached garage with alley access
More about this property
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