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Vacant Big-Box Retail | Northern Ave Corridor 1545 S Prairie Ave 69,912 SF Vacant Retail Building Online Auction Sale Pueblo, CO 81005
Matterport 3D Tours
Investment Highlights
- Large-format freestanding building on 6.17 acres provides scale, flexibility, and redevelopment optionality rarely available in the Pueblo market.
- Extensive roadway frontage and signalized access deliver strong brand visibility to approximately 16,000 vehicles per day along S Prairie Avenue.
- Convenient B-4 (Central Business District) zoning allows for a wide range of commercial uses, reducing entitlement risk for investors and owner/users.
- Former Safeway/Albertson’s anchor space offers proven grocery infrastructure and a layout well-suited for retail, medical, or mixed-use repositioning.
- Excess land supports future expansion and pad development, creating opportunities for incremental income and long-term asset appreciation.
- Proximity to Interstate 25, W Northern Avenue, and public transit ensures convenient access for customers, employees, and logistics operations.
Executive Summary
Investors, redevelopers, and future owner/users have the exclusive opportunity to acquire 1545 S Prairie Avenue, a large-scale, highly visible freestanding retail asset positioned within an established Pueblo commercial corridor. Formerly occupied by a Safeway/Albertson’s supermarket, the 69,912-square-foot building sits on 6.17 acres and delivers an exceptional anchor presence along S Prairie Avenue.
The building features a highly adaptable open floor plan, supported by back-office space, multiple refrigeration areas, inventory storage, and four restrooms, including two public multi-stall facilities and two employee restrooms. Two rear loading ramps enable efficient operations, while a dedicated drive-thru enhances suitability for pharmacy, quick-service, or service-oriented uses. The property is fully sprinklered and benefits from a membrane roof, estimated to be approximately seven to 10 years old, helping to mitigate near-term capital requirements.
Supporting operational efficiency and long-term upside, the site provides a large parking field with 347 spaces, prominent building and pylon signage opportunities, and approximately 300 feet of frontage with exposure to an estimated 16,000 vehicles per day (VPD), enhancing visibility and accessibility. The property’s position at a signalized intersection with five curb cuts provides exceptional accessibility and circulation, allowing for multiple points of ingress and egress that reduce congestion and improve traffic flow.
Zoned B-4 (Central Business District), 1545 S Prairie Avenue allows for various commercial uses and offers excess land capable of supporting future pad development, creating a clear path for value enhancement and scalable growth. Nearby national and regional retailers, including King Soopers, USPS, Domino’s, Wendy’s, Wells Fargo, and O’Reilly Auto Parts, reinforce the area’s established retail demand and traffic-generating power.
South of W Northern Avenue, a primary east-west artery connecting Pueblo’s Historic Downtown with Beulah Valley, the property benefits from consistent daily commuter traffic. The site is less than 10 minutes from Interstate 25, adjacent to public transportation, and serves nearly 100,000 residents within a 5-mile radius, generating approximately $1.1 billion in consumer spending, with a heavy concentration in food and beverage. Market fundamentals position 1545 S Prairie Avenue as a compelling long-term investment with strong owner/user appeal and redevelopment optionality.
Property tours are by appointment only. Please contact the listing broker to schedule.
The building features a highly adaptable open floor plan, supported by back-office space, multiple refrigeration areas, inventory storage, and four restrooms, including two public multi-stall facilities and two employee restrooms. Two rear loading ramps enable efficient operations, while a dedicated drive-thru enhances suitability for pharmacy, quick-service, or service-oriented uses. The property is fully sprinklered and benefits from a membrane roof, estimated to be approximately seven to 10 years old, helping to mitigate near-term capital requirements.
Supporting operational efficiency and long-term upside, the site provides a large parking field with 347 spaces, prominent building and pylon signage opportunities, and approximately 300 feet of frontage with exposure to an estimated 16,000 vehicles per day (VPD), enhancing visibility and accessibility. The property’s position at a signalized intersection with five curb cuts provides exceptional accessibility and circulation, allowing for multiple points of ingress and egress that reduce congestion and improve traffic flow.
Zoned B-4 (Central Business District), 1545 S Prairie Avenue allows for various commercial uses and offers excess land capable of supporting future pad development, creating a clear path for value enhancement and scalable growth. Nearby national and regional retailers, including King Soopers, USPS, Domino’s, Wendy’s, Wells Fargo, and O’Reilly Auto Parts, reinforce the area’s established retail demand and traffic-generating power.
South of W Northern Avenue, a primary east-west artery connecting Pueblo’s Historic Downtown with Beulah Valley, the property benefits from consistent daily commuter traffic. The site is less than 10 minutes from Interstate 25, adjacent to public transportation, and serves nearly 100,000 residents within a 5-mile radius, generating approximately $1.1 billion in consumer spending, with a heavy concentration in food and beverage. Market fundamentals position 1545 S Prairie Avenue as a compelling long-term investment with strong owner/user appeal and redevelopment optionality.
Property tours are by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Freestanding
Building Size
69,912 SF
Building Class
B
Year Built
1972
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.26
Lot Size
6.17 AC
Opportunity Zone
Yes
Parcel Number
1-5-10-1-00-013
Zoning
B4 - Community Business District
Parking
347 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Kiosk/Cart Space
- Drive Thru
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
13,859
62,249
98,247
2020 Population
14,324
62,752
98,361
2030 Population
13,725
62,008
98,019
2025-2030 Projected Population Growth
-1.0%
-0.4%
-0.2%
Daytime Employees
2,778
23,303
48,824
Total Businesses
369
2,997
5,476
Average Household Income
$70,173
$77,548
$74,013
Median Household Income
$56,493
$60,983
$56,855
Total Consumer Spending
$154.2M
$708.5M
$1.1B
Median Age
40.5
41.3
40.6
2025 Households
5,833
25,357
40,361
Percent College Degree or Above
11%
13%
12%
Average Home Value
$267,626
$308,894
$293,154
Nearby Major Retailers
Sale Advisor
Sale Advisor
Michael Sharon, Senior Vice President
Michael Haim Sharon, Vice President of Sales and Leasing, has been specializing in commercial investment sales and leasing of retail and office properties for over 18 years. Michael started his professional life as an engineer/entrepreneur. Michael joined illi Commercial Real Estate in 2005 following a successful career in commercial mortgage lending with NAI Capital and now provides a unique insight to his clients about financing.
Michael brings knowledge, experience, honesty, integrity, motivation, and persistence every day when representing his clients. He applies his business experience, financing background, and problem-solving abilities to provide his clients with superior representation and positive results.
Michael brings knowledge, experience, honesty, integrity, motivation, and persistence every day when representing his clients. He applies his business experience, financing background, and problem-solving abilities to provide his clients with superior representation and positive results.
About the Auction Technology
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Auction Contact
Molly Patten
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr EC.100067651
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
Contact the Sale Advisor
Vacant Big-Box Retail | Northern Ave Corridor | 1545 S Prairie Ave
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Vacant Big-Box Retail | Northern Ave Corridor | 1545 S Prairie Ave
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