Listed by MMG
$675,000
323 S Union
Details
APN 05-364-09-014
Property Type Mixed Use
Square Footage 2,760
Units 2
Cap Rate 4.06%
NOI $29,418
Tenancy Multi
Year Built 1908
Year Renovated 2024
Buildings 1
Stories 2
Acreage 0.066
Zoning HB
Parking Spaces 6 spaces
Parking per 1,000 SqFt 2.17
Investment Type Stabilized
Ground Lease No
Mixed Use | 4.06% CAP | 2,760 SqFt
Marketing description
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.
Investment highlights
- Day-One Cash Flow at $4,000/Month
- Historic Downtown Pueblo Location
- Comprehensive 2024 Renovation
- Flexible HB Zoning, Multiple Use Paths
- Historic Registry, Potential Tax Credit Eligibility
- Flexible Seller Terms Including Owner Carry and Lease Purchase
Listing Contacts
Listed by MMG
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,418.00
$2,451.50/mo
Valuation Metrics
0
DSCR
4.36%
Cap Rate
4.36%
ROI
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