525 7Th StPueblo, CO 81003

Property Details for 525 7Th St

Year built

1938

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.15 AC

Property size (Sq ft)

1,455 SF

Zone code

B-4

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

525451018

APU

525451018

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $318,258

  6.5%

  $293,777

  7%

  $272,793

• Comparable approach

  Method

  Valuation

  Relative Method

  $120,212

  Geo Method

  $120,212

• Alternative Use

  Use

  Valuation

  Residential

  $364,283

  Hospitality

  $333,682

  Educational

  $277,619

  Medical

  $287,167

  Retail

  $431,852

Location Insight

City

Pueblo

County

Pueblo

State

Colorado

Latitude

38.2736

Longitude

-104.614

CBSA code

39380

CBSA name

PUEBLO, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].