1245 Spruce Street — Pueblo, Colorado
8,487 SF freestanding commercial building at the signalized intersection of Northern Avenue and Spruce Street, approximately 0.5 mile from I-25 Exit 97A. Former Dollar General location offering excellent visibility, approximately 36 parking spaces, prominent signage opportunities and a flexible open layout suitable for a wide range of commercial, healthcare, office, service, flex and employment-generating uses.
The property sits on approximately 0.62 acres along Northern Avenue, which carries approximately 23,000 vehicles per day. McDonald's is directly across Northern Avenue, with Pizza Hut, 7-Eleven and other established commercial users nearby.
FLEXIBLE SPACE OPTIONS
Ownership will consider:
• Full building — approximately 8,487 SF
• Potential demising — approximately 3,500–4,500 SF
• Creative lease structures and value-engineered redevelopment solutions for qualified tenants
The existing open rectangular floor plan provides substantial flexibility for tenant improvements. Existing infrastructure includes a commercial drop ceiling, two restrooms, drinking fountains and rear double-door loading access. The concrete slab can be trenched for additional plumbing, making the building adaptable for medical, dental, healthcare, laboratory and similar uses, while also working well for office, retail, fitness, service, distribution and flex users.
REDEVELOPMENT & ECONOMIC-DEVELOPMENT OPPORTUNITY
1245 Spruce Street is located within Pueblo's Colorado Smelter Urban Renewal Area and the broader Bessemer area currently receiving focused public and private redevelopment attention through Pueblo's Building Back Bessemer initiative.
Ownership has already been in contact with local redevelopment and economic-development organizations regarding programs that may assist qualifying occupants and redevelopment projects.
Potential opportunities may include:
• PURA redevelopment assistance. The Pueblo Urban Renewal Authority established the Colorado Smelter Urban Renewal Area specifically to attract private investment, encourage redevelopment and rehabilitation, address blight and leverage public funding mechanisms.
• PURA LAUNCH Grant Program. PURA currently offers funding for qualifying, ready-to-go property improvement projects within Pueblo Urban Renewal Areas. Eligible projects may include building, façade and other improvements, subject to program requirements and approval.
• Building Back Bessemer / Advance Pueblo coordination. The City of Pueblo has specifically identified commercial revitalization along Northern Avenue as part of Building Back Bessemer and is working with PURA and Advance Pueblo to encourage investment and economic development in the area.
• Primary-job economic-development incentives. Qualifying companies that create primary jobs may be eligible to work with PEDCO and the City of Pueblo regarding Pueblo's half-cent economic-development fund. Eligible assistance can include certain building improvements, infrastructure and, in some cases, equipment. Incentives are project-specific and require applicable approvals and employment commitments.
This creates a particularly interesting opportunity for manufacturing, engineering, technology, distribution, laboratory, healthcare and other employment-generating companies evaluating a Pueblo location.
Ownership is willing to work directly with prospective tenants and Pueblo's economic-development organizations to explore programs applicable to a proposed project.
LOCATION & ZONING
B-4 Commercial zoning provides flexibility for a broad range of potential uses, subject to City of Pueblo requirements and use-specific approvals.
The property combines:
• Signalized Northern Avenue/Spruce Street location
• Approximately 23,000 VPD on Northern Avenue
• Approximately 0.5 mile to I-25 Exit 97A
• Approximately 36 parking spaces
• High-visibility building frontage and signage
• Rear loading access
• Flexible open floor plan
• Full-building or potential demised-space options
Recently acquired by local ownership and being repositioned for its next long-term occupant.
Available immediately for tenant planning, design and redevelopment discussions.