Two-Building Mixed-Use
For Sale
$490,000
825 N Greenwood St, Pueblo, CO 81003
Flexible commercial layout combines private offices, meeting areas, parking access, and an upper-level living space.
Property Size2,499 SF
Price / SF$196.08
Days on Market185
Property Features for 825 N Greenwood St
General Information
Standard status
Active
Size
2,499 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Downtown
Additional Details
Office Units
7
Taxes and HOA fees
Annual Taxes
$2,532
Amenities
covered porch
patio
security bars
double pane windows
energy efficient lighting
network wiring
phone system
kitchen
break area
reception area
Building Details
Year Built
1900
Year Renovated
2025
Buildings
2
Listing Agency:
LoKation Real Estate
(720) 982-6322
Listed By:
Jesse Gamez · License #100073342
(719) 821-1653
Source:
Exitrealty
Added: Apr 24
Changed: Sep 9
Last Checked: Sep 15 at 6:16AM
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 LoKation Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use property includes two separate commercial buildings with independent front and rear entrances, shared patio access, and a fully fenced rear parking area with multiple gates. The office improvements include seven office rooms, two oversized conference rooms, a reception area, storage, network infrastructure, phone systems, and half bathrooms. One building also provides a kitchen and break area, while the second-floor portion includes a private entrance, utility room, storage, and a full bathroom.
Recent improvements include exterior paint and a roof completed in 2025, along with textured interior paint completed in 2025. Additional features include energy-efficient lighting, double-pane or vinyl windows with security bars, original wood flooring in one building, a 50-gallon water heater, furnace, and a handicap-accessible covered front porch. The property is located in historic downtown Pueblo near the Riverwalk, shopping, restaurants, pubs, and historic attractions.
Recent improvements include exterior paint and a roof completed in 2025, along with textured interior paint completed in 2025. Additional features include energy-efficient lighting, double-pane or vinyl windows with security bars, original wood flooring in one building, a 50-gallon water heater, furnace, and a handicap-accessible covered front porch. The property is located in historic downtown Pueblo near the Riverwalk, shopping, restaurants, pubs, and historic attractions.
Key Highlights
- Two separate commercial buildings with shared patio and fully fenced rear parking
- Seven office rooms and two oversized conference rooms
- Second‑floor living area with private entrance, utility room, storage, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,383
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,660
$547.7K
Cap Rate 7%
$391,186
$391.2K
Cap Rate 9%
$304,256
$304.3K
Market Conditions
NOI Build-Up for 2,499 SF
Gross rent
$37.5K $15.00/SF
− Vacancy
−$975 −$0.39/SF
EGI
$36.5K $14.61/SF
− OpEx
−$9.1K −$3.65/SF
NOI
$27.4K $10.96/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,660
Cap Rate 7%
$391,186
Cap Rate 9%
$304,256
Alternative Uses
Best Use
Office B
$391.2K
$342.3K – $456.4K
NOI $27,383 @ 7.0% cap · market cap 5.59%
Second Best
Mixed Use
$347.0K
$303.6K – $404.8K
NOI $24,290 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$520.7K
$455.7K – $607.5K
NOI $36,452 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
7
Office units
Location Intelligence
Trade Area within ½ mile
2,249
Businesses Nearby
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Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial layout combines private offices, meeting areas, parking access, and an upper-level living space.
Where is this mixed-use property located?
The property is located at 825 N Greenwood St Pueblo, CO.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Two separate commercial buildings with shared patio and fully fenced rear parking; Seven office rooms and two oversized conference rooms; Second‑floor living area with private entrance, utility room, storage, and bathroom
