323 S Union Ave - Office/Residential FOR SALE


Pueblo, CO 81003
$725,000 USD
303-887-4955
323 S Union Ave, Pueblo, CO for Sale
$725,000 USD
Office/Residential - FOR SALE
1/21
null | Request Cap Rate

323 S Union Ave
Pueblo, CO 81003


HIGHLIGHTS

  • Recently renovated historic building in Union Avenue Historic District
  • Six private off-street parking spaces and convenient street parking
  • Comprehensive 2024 upgrades including new exterior paint, private parking lot, and interior remodel
  • Flexible HB zoning supports office, retail, lodging, and mixed-use concepts
  • Located steps from Arkansas Riverwalk, convention center, and regional attractions
  • Eligible for potential federal and state historic tax credits

OVERVIEW

MMG Real Estate Advisors is pleased to present the opportunity to acquire 323 S Union Avenue, a fully renovated, income-producing historic commercial property situated on the main street of the Union Avenue Historic Commercial District in downtown Pueblo, Colorado. Listed on the National Register of Historic Places and steps from the Historic Arkansas Riverwalk, the property offers 2,760 SF across a multi-level layout, six private off-street parking spaces in historic Neon Alley, and a comprehensive 2024 renovation, all with tenants in place at $4,000 per month. With flexible HB zoning, Historic Registry status, and seller flexibility on terms, the property presents multiple paths to increased return for an incoming buyer.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$264 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

HB

APN/PARCEL ID

0-5-36-4-09-014

ASK ABOUT THIS PROPERTY

303-887-4955

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303-887-4955

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