Restaurant Building with Ample
3400 W Northern Ave, Pueblo, CO 81005
For Sale
Contact for pricing
4,569 SF restaurant building with parking for sale.
Property Size4,569 SF
Price / SF$131.21
Days on Market254
Property Features for 3400 W Northern Ave
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
RE/MAX Properties Inc
Listed By:
Cole Underwood · License CO #40035560
(719) 200-4610
Source:
Crexi
Added: Mar 2
Changed: Nov 4
Last Checked: Nov 10 at 8:13AM
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 Properties Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,569 square foot building is currently configured as a restaurant. The free-standing building includes on-site parking. The layout features a reception/greeting area, a bar area, and a main dining area. An additional private dining area provides space for extra seating. The building also contains two restrooms, each equipped with two stalls, and a full kitchen area. The property is being sold in As-Is condition and is suitable for restaurant use.
Key Highlights
- Spacious 4,569 sq ft freestanding building.
- Currently configured as a restaurant with reception, bar, and dining areas.
- Includes a full kitchen.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,077
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,540
$901.5K
Cap Rate 7%
$643,957
$644.0K
Cap Rate 9%
$500,856
$500.9K
Market Conditions
NOI Build-Up for 4,569 SF
Gross rent
$63.6K $13.92/SF
− Vacancy
−$3.5K −$0.77/SF
EGI
$60.1K $13.15/SF
− OpEx
−$15.0K −$3.29/SF
NOI
$45.1K $9.87/SF
Area
Pueblo, CO
Vacancy
5.50%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,540
Cap Rate 7%
$643,957
Cap Rate 9%
$500,856
Alternative Uses
Best Use
Specialty Retail
$644.0K
$563.5K – $751.3K
NOI $45,077 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$952.1K
$833.1K – $1.11M
NOI $66,646 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81005, CO
31,327
Population
13,578
Households
2.3
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
198.7 sq mi
ZIP Area
158
Density / Sq Mi
$67,500
Median Household Income
$45,198
Median Earnings
$990
Median Rent
$282,100
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - 4,569 SF restaurant building with parking for sale.
Where is this conventional restaurant located?
The property is located at 3400 W Northern Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: Spacious 4,569 sq ft freestanding building.; Currently configured as a restaurant with reception, bar, and dining areas.; Includes a full kitchen.
