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Freestanding Office Building on Corner Lot
For Sale
$344,000

502 Colorado Ave, La Junta, CO 81050

COMMERCIAL - La Junta, CO

Property Size4,440 SF
Lot Size0.28 Acres
Price / SF$77.48
Days on Market95

Property Features for 502 Colorado Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Security features Security System
Subdivision La Junta
Lot features Corner Lot, General Business District
Elementary school LJ
Middle school LJ
High school LJ
Standard status Active
APN 464302335001
Size 4,440 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lots 1, 2, 3 and the N1/2 of Lot 4, in Block 54, in the City of La Junta, as shown by the recorded plat thereof, in the County of Otero, State of Colorado.
Tax Annual Amount 5787
Legal Description Lots 1, 2, 3 and the N1/2 of Lot 4, in Block 54, in the City of La Junta, as shown by the recorded plat thereof, in the County of Otero, State of Colorado.

Utilities

Sewer type Public Sewer
Heating system Forced Air, Baseboard, Natural Gas, Hot Water(Heating)
Cooling system Central Air
Water source Public

Amenities

conference room
break room with kitchenette

Building Details

Year built 1982
Floors in Building 1
Roof type Rubber, Flat
Listing Agency: Great Plains Land Company, LLC
Listed By: Beth Howe
Added: May 15 Changed: Aug 5 Last Checked: Aug 17 at 12:06AM
MLS# 239978

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.

Versatile freestanding office building totaling 4,440 square feet on a 0.28-acre corner lot (3 1/2 city lots) in La Junta, Colorado. The interior layout includes a large open front room, seven private offices, a conference room, and a break room with kitchenette, along with men’s and women’s bathrooms. Vestibule entryways are at both the front and back entrances, supporting more controlled heating and cooling and added security. The building is equipped with tables, chairs, desks, and office cubicles, and includes forced-air heat with hot water and natural gas, baseboard heat, and central air cooling. The roof is flat with a rubber membrane.

The property sits on 5th Street and Colorado Avenue, within the General Commercial District (C-1 zoning) and an enterprise zone intended to encourage private investments and job creation. It is directly north of the La Junta Public Library and about a block from City Hall. A paved parking lot on the south side of the building includes 14 parking spaces, including handicap parking.

Key Highlights

  • 4,440 SF office building on a 0.28‑acre corner lot (3 1/2 city lots)
  • C‑1 zoning within an enterprise zone encouraging private investment and job creation
  • Large open front room plus 7 private offices and a conference room

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith

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

1
Office units

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

Demographics for 81050, CO

9,924
Population
4,555
Households
2.2
Avg Household Size
39
Median Age
19%
College-Educated
86%
High-School Grad
508.2 sq mi
ZIP Area
20
Density / Sq Mi
$60,072
Median Household Income
$37,442
Median Earnings
$764
Median Rent
$181,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Corner-lot office building in C-1 zoning with central air and forced-air heating plus paved parking with handicap access.
Where is this office building located?
The property is located at 502 Colorado Ave La Junta, CO.
What is the asking price?
The asking price for this property is $344,000.
What are key features of this property?
This property features: 4,440 SF office building on a 0.28‑acre corner lot (3 1/2 city lots); C‑1 zoning within an enterprise zone encouraging private investment and job creation; Large open front room plus 7 private offices and a conference room
More about this property
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