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$ 995,000
Est. payment | /mo
20,520 SqFt
$ 995,000
Est. payment | /mo
20,520 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 20,520 sqft
Price per Sqft $48
MLS Listing ID 5649163
HOA Y/N No
Year Built 1903
Annual Tax Amount $15,494
Tax Year 2024
Lot Size 0.618 Acres
Acres 0.62
Property Sub-Type Industrial
Source recolorado
Property Description
115 S Grand Avenue presents a compelling opportunity to acquire a well-located property in the heart of Pueblo, Colorado. Positioned along a central corridor with strong visibility and accessibility, the property benefits from proximity to downtown Pueblo, local employment centers, retail amenities, and major thoroughfares.
The building offers a flexible layout suitable for a variety of uses, making it attractive to both investors and owner-occupants. The property's configuration allows for efficient use of space, while its location supports long-term demand driven by surrounding residential neighborhoods and ongoing activity in the greater Pueblo area.
With its strategic location and functional design, 115 S Grand Avenue offers upside potential through continued operation, repositioning, or light improvements. This asset is well-suited for buyers seeking a stable investment, a value-add opportunity, or a centrally located property in an established Colorado market.
Central Pueblo Location: Positioned on S Grand Avenue with strong access to downtown, employment hubs, and major transportation routes.
Significant Repositioning Opportunity: Includes an off-line hotel component ideal for a full renovation or potential future redevelopment.
Compelling Value-Add Upside: Opportunity for rent growth through interior upgrades, operational improvements, or strategic repositioning.
Flexible Use & Broad Appeal: Layout and location support multiple uses, attracting both investors and owner-users.
Attractive Entry into a Growing Market: Lower cost basis than Front Range metros with upside from continued regional growth.
The building offers a flexible layout suitable for a variety of uses, making it attractive to both investors and owner-occupants. The property's configuration allows for efficient use of space, while its location supports long-term demand driven by surrounding residential neighborhoods and ongoing activity in the greater Pueblo area.
With its strategic location and functional design, 115 S Grand Avenue offers upside potential through continued operation, repositioning, or light improvements. This asset is well-suited for buyers seeking a stable investment, a value-add opportunity, or a centrally located property in an established Colorado market.
Central Pueblo Location: Positioned on S Grand Avenue with strong access to downtown, employment hubs, and major transportation routes.
Significant Repositioning Opportunity: Includes an off-line hotel component ideal for a full renovation or potential future redevelopment.
Compelling Value-Add Upside: Opportunity for rent growth through interior upgrades, operational improvements, or strategic repositioning.
Flexible Use & Broad Appeal: Layout and location support multiple uses, attracting both investors and owner-users.
Attractive Entry into a Growing Market: Lower cost basis than Front Range metros with upside from continued regional growth.
Location
State CO
County Pueblo
Zoning B-4
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Structure Type Frame,Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Unique Properties LLC
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