For Sale
$750,000

525 7Th StPueblo, CO 81003

High-yield auto shop & home, downtown Pueblo.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a prime downtown Pueblo property encompassing a thriving 3,135 square foot auto shop and a fully renovated two-bedroom, two-bathroom home. The auto shop, constructed of durable block, boasts three new overhead doors, an additional rear door, two lifts, an office, and a bathroom. Recent upgrades include a new roof, furnace, swamp cooler, interior and exterior paint, and water heater. Currently leased at $2,850 per month, the shop offers significant income potential. The adjacent home, completely remodeled in 2019 and 2023, features updated electrical, plumbing, and mechanical systems, new siding, a stunning kitchen, and bathrooms. Situated on a 6,360 square foot lot, this property enjoys a high-traffic location just two blocks from the Judicial Building and eight blocks from Parkview Medical Center. The property includes two buildings, built in 1938, and offers a strong 7.37% cap rate with a net operating income (NOI) of $55,239 on an asking price of $750,000. This represents an excellent return on investment in a desirable location. The property's two units provide diverse income streams and strong potential for future appreciation. The combination of a well-maintained auto shop and a renovated residential unit makes this a truly unique and lucrative investment opportunity.

Highlights

  • Prime downtown Pueblo location, two blocks from the Judicial Building.
  • 3,135 sq ft auto shop with three new overhead doors, two lifts, and recent upgrades (roof, HVAC, paint).
  • Fully renovated two-bedroom, two-bathroom home (2019 & 2023).
  • 6,360 sq ft lot.
  • Currently leased for $2,850/month, generating a 7.37% cap rate and $55,239 NOI.
  • Asking price: $750,000.

Property Details for 525 7Th St

Property type
Retail properties, Auto shops
Square Feet
3,135 SF
Year Built/Renovated
1938/2019
Buildings
2
Units
2

Location Insight

City
Pueblo
County
Pueblo
State
Colorado
Latitude
38.2736316
Longitude
-104.6143028
525 7Th St, Pueblo, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
525 7Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message