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323 S Union Ave 2,760 SF Office Building Pueblo, CO 81003 $649,900 ($235.47/SF)
Investment Highlights
- Day-One Cash Flow at $4,000/Month
- Comprehensive 2024 Renovation
- Historic Registry, Potential Tax Credit Eligibility
- Historic Downtown Pueblo Location
- Flexible HB Zoning, Multiple Use Paths
- Flexible Seller Terms Including Owner Carry and Lease Purchase
Executive Summary
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, 6 private off-street parking spaces in historic Neon Alley, and a comprehensive 2024 renovation — all with tenants in place at $4,000/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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,760 SF
Building Class
C
Year Built/Renovated
1908/2023
Price
$649,900
Price Per SF
$235.47
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,380 SF
Slab To Slab
12’
Building FAR
0.91
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
HB:COMM/HI
Parking
7 Spaces (2.55 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 0-5-36-4-09-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $92,770 |
Property Taxes
Parcel Number
0-5-36-4-09-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$92,770
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