Industrial Auto Shop with
706 N Elizabeth St Pueblo, CO 81003
New
706 N Elizabeth St, Pueblo, CO, 81003
$75,000
For Sale
$75,000
Industrial building with two overhead garage doors, open shop/work areas, office space, restroom, and concrete floors.
Property Size1,440 SF
Price / SF$52.08
Days on Market2
Property Features for 706 N Elizabeth St
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1949
Listing Agency
RE/MAX Of Pueblo Inc
(719) 546-1717
Listed by
Team Gary Miller · License #000277441
Source
Xome
Added: Jul 17 Checked: Jul 18 at 3:25 am
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 Of Pueblo Inc
Investment Insights
Based on property information with market context.
This commercial industrial property offers approximately 1,440 sq. ft. of functional space, with two overhead garage doors of different heights for vehicle and equipment access. The interior includes open shop and work areas, dedicated office space, a restroom, concrete floors, built-in work surfaces, and storage-suitable areas. Multiple windows provide natural light throughout the workspace.
The property is located along N Elizabeth Street with alley access along the side, providing convenient access from more than one direction.
Zoned I-2 Industrial District, the site is positioned for a range of potential uses including contractor shops, automotive repair, manufacturing and production, equipment rental, repair shops, certain retail sales, storage, wholesaling, woodworking, and other permitted uses. Buyers should verify their intended use and all zoning requirements with the City of Pueblo. Business equipment, trade fixtures, tools, machinery, shelving, inventory, and other personal property are not included in the sale price but may be negotiated separately.
The property is located along N Elizabeth Street with alley access along the side, providing convenient access from more than one direction.
Zoned I-2 Industrial District, the site is positioned for a range of potential uses including contractor shops, automotive repair, manufacturing and production, equipment rental, repair shops, certain retail sales, storage, wholesaling, woodworking, and other permitted uses. Buyers should verify their intended use and all zoning requirements with the City of Pueblo. Business equipment, trade fixtures, tools, machinery, shelving, inventory, and other personal property are not included in the sale price but may be negotiated separately.
Key Highlights
- Commercial industrial building with 1,440 sq. ft. of functional indoor space
- Two overhead garage doors (different heights) for vehicle, equipment, and delivery access
- Open shop and work areas plus dedicated office space and restroom
Local Financial Insights For Industrial
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 | $10.0k | $6.96 |
| − Vacancy | −$261 | −$0.18 |
| EGI | $9.8k | $6.78 |
| − OpEx | −$2.9k | −$2.03 |
| NOI | $6.8k | $4.75 |
1,440 SF · lease $6.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$189.4K
$165.8K – $221.0K
NOI $13,260 @ 7.0% cap · market cap 17.68%
Second Best
Industrial
$97.6K
$85.4K – $113.9K
NOI $6,833 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$300.1K
$262.6K – $350.1K
NOI $21,005 @ 7.0% cap · market cap 28.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Indoor Climate Control
HVAC Service
Similar For Sale Nearby
Similar Off Market Nearby
- All Seasons Gourmet Catering — 112 W 2nd St, Pueblo, CO 81003
- Stoke Pizza — 124 Midway Ave, Pueblo, CO 81004
FAQs
What type of property is this?
Flex space - Industrial building with two overhead garage doors, open shop/work areas, office space, restroom, and concrete floors.
Where is this flex space located?
The property is located at 706 N Elizabeth St Pueblo, CO.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Commercial industrial building with 1,440 sq. ft. of functional indoor space; Two overhead garage doors (different heights) for vehicle, equipment, and delivery access; Open shop and work areas plus dedicated office space and restroom
