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300-302 300-302 Spring St 4,946 SF 100% Leased Retail Building Pueblo, CO 81003 $380,000 ($76.83/SF) 7.26% Cap Rate



EXECUTIVE SUMMARY
Historic bar and restaurant opportunity located in Pueblo’s Union Avenue Historic District. Known as the Star Bar, this established Pueblo landmark has served generations of a variety of local blue collar patrons including steel mill and railroad employees and meat packers. Runyon Field baseball players and spectators alike. The business continues to operate with a loyal customer base and early morning hours that reflect its deep community roots. This turnkey property includes the land, building, furniture, fixtures, and inventory. The bar features original craftsmanship, a hand-carved back bar, custom ceiling tiles, and 12-foot ceilings throughout. There are four bathrooms for staff and guests, a covered outdoor patio for additional seating, and a basement that provides ample storage. The upper level offers potential to finish four apartment units, presenting an excellent opportunity for additional income or expansion. Square feet totaling 5,620. Situated on a corner lot with both private and street parking, this property combines strong visibility with flexible B-4 zoning suitable for a range of commercial uses. Located in the Grove neighborhood near downtown Pueblo, this property offers a rare chance to own a piece of Pueblo’s living history with room to grow. Don't miss out on this huge opportunity!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,946 SF
Year Built
1906
Price
$380,000
Price Per SF
$76.83
Cap Rate
7.26%
NOI
$27,588
Percent Leased
100%
Building Height
2 Stories
Opportunity Zone
Yes
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-5-01-1-42-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $27,270 |
PROPERTY TAXES
Parcel Number
1-5-01-1-42-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$27,270
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Presented by
ENRG Global Realty, LLC
300-302 300-302 Spring St
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