1621 S Prairie Avenue # 1623 Pueblo, CO $ 485,000
1621 S Prairie Avenue # 1623
$ 485,000
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1621 S Prairie Avenue # 1623

Pueblo, CO, 81005
$ 485,000
Baths0.0 Sq 3,371

Monthly Estimate*

$ 3,223

Listed by Flat Rate Realty Group LLC
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Studio

Commercial Property for sale in Pueblo, CO

for $485,000. This 3,371 square foot building was built in 1968 on a lot size of 0.39.

Discover an exceptional investment opportunity in vibrant Pueblo near the State Fair! Immerse yourself in this remarkable property through an 3D tour . This versatile property currently boasts three distinct entrances, with the potential to expand to a four-unit building, offering diverse income streams. Originally renovated in 2014, this property received ongoing care and attention. Unit 1621 was equipped with new heating and air systems in 2014, while unit 1623 received the same treatment in 2020. The property's first unit is a charming small office space, measuring 15 x 16, featuring a convenient half bath, and providing ample parking. The second unit, currently home to Liberty Tax Services, offers multiple private offices and a spacious, open area for endless possibilities. At the end of the hall, you'll find two bathrooms and access to the third unit, 1623 S Prairie. This unit provides a generous open space ideal for accommodating multiple offices and includes a convenient back office. This property's flexibility extends to its potential uses, such as hourly rentals for parties and receptions, making it a versatile and income-generating asset. Situated on a bustling street, it offers fantastic exposure to the public, drawing customers and clients. With new developments continually emerging in the neighborhood, seize this extraordinary opportunity before it's gone. Additional benefits are the building was just recently painted and security gates added for extra Peace of Mind for potential tenants.

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Commercial Contingent

Price

$ 485,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,562

Style

StripCenter

Lot Size

0.39

Year Built

1968

Town/City

Pueblo

County/Region

Pueblo

MLS | Web ID

9442267

Features
General
Sewer Public Sewer
Possession Negotiable
Zoning B-4
Garage Spaces 0
Construction Materials Frame
Year Built 1968
Stories 1
Unit Number 1623
Property SubType Office
Tax Year 2022
Current Use Office
Gross Income 33600
County Pueblo
Operating Expense 7500
Property Type Commercial Sale
Attached Garage N
Contingency None Known
Status Pending
City Pueblo
Buyer Agent Compensation 2.5
Total Units 3
Lot Size Square Feet 16988.4
Carport Spaces 0
Street Name Prairie
Listing Terms Cash Conventional
Tax Annual Amount 5562
Lease Considered Y/N N
Structure Type StripCenter
Standard Status Active Under Contract
Occupancy Type Tenant (Multiple)
Cap Rate 6.94
Buyer Agent Compensation Type %
Lease Amount 2800
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Exterior
Water Source Public
Total Parking 12
Lot Size Area 0.39
Building Area Total 3371
Lot Size Acres 0.39
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Public
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Interior
Street Suffix Avenue
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Internal Only
Street Number 1 1621
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* Excluded Features
List By
Flat Rate Realty Group Llc

Broker

(719) 283-9098

Phone

Affordability Calculator

$3,687
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,223
Monthly Property Taxes
$464
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/12/2023$485,000 Listed Price

Map


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1621 S Prairie Avenue # 1623, Pueblo, CO, 81005 is a Commercial Property for sale at $485,000 with 3,371 sqft and a lot size of 0.39. 1621 S Prairie Avenue # 1623 is a studio with 0.0 baths and was built in 1968. The property's zip code is 81005 which is in Pueblo, CO