Price Reduction
Address
2431 & 2433 S Prairie Ave, Pueblo, CO
Price
$ 210,000
Property Attributes
- MLS#241975
- TypeCommercial
- Listing Status Active
- CountyPueblo
- CityPueblo
- AreaSouth
- NeighborhoodMinnequa Area
- Zip81005
- Style
- Year Built2008
- Taxes$ 5704
- Price$ 210,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2890
- Lot Size0.065 Acres
Data Source:
Pueblo Association Of REALTORS® (PAOR)
Property Description
Excellent investment opportunity featuring two commercial units offered together. The units total approximately 2,890 square feet and currently generate $33,000 annually in base rent. With a modified NNN lease structure, the property offers an attractive approximately 10.9% cap rate with limited management responsibility. Adding to the investment potential, the existing tenant's business occupies all four contiguous units in the building. The subject units are currently leased month-to-month, with rents that have remained unchanged for several years. This unique configuration provides a new owner with immediate cash flow along with a compelling opportunity to negotiate a new long-term lease at updated rental terms. An attractive combination of strong current return, limited management, tenant retention potential, and future rental upside.
| Price History | |
|---|---|
| 8/27/2026 | Listed $290,000 |
| 9/11/2026 | 14$250,000 |
| 9/25/2026 | 16$210,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air |
| Cooling | Central Air |
| Roof | Flat |
| Zoning | B-3 |
| HOA Fee | 404 |
| Gas Y/N | Xcel |
| Exclusions | Tenant Belongings |
| Year Built | 2008 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Commercial |
| Business Type | Professional/Office |
| County | Pueblo |
| Property Type | Commercial Sale |
| HOA | true |
| Subdivision Name | Minnequa Area |
| Status | Active |
| Directions | From I-25 take Pueblo Blvd (Exit 94). Turn North on S Prairie Ave. Property located between O'Neal Ave & Tucci Ln. |
| City | Pueblo |
| High School District | 60 |
| MLS Area | South |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 2831.4 |
| Tax Annual Amount | 5704.46 |
| Ok to Lease | Month To Month |
| Lease Renewal Y/N | false |
| Additional Parcels Y/N | true |
| Building Area Units | Square Feet |
| Lease Type | NN |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | 60 |
| Elementary School District | 60 |
| Legal Description | UNIT 2431 CONDOMINIUM MAP OF PRAIRIE GLEN BUSINESS PARK AN OFFICE/RETAIL CONDOMINIUM + INT IN COMMON ELEMENT FORMERLY #15-151-32-036 THRU 040; UNIT 2433 CONDOMINIUM MAP OF PRAIRIE GLEN BUSINESS PARK |
Interior Features
| Basement | None |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
Exterior Features
| Parking Features | Paved |
|---|---|
| Lot Features | Business Park,Office Center |
| Water Source | Public |
| Inclusions | Building & Land |
| Lot Size Area | 2831.4 |
| Building Area Total | 2890 |
| Lot Dimensions | 50 x 57 |
| Lot Size Acres | 0.065 |
| Road Frontage Type | City Street |
| Other Equipment | None |
| Irrigation Water Rights Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 81005
Price
Taxes
Year Built
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Westcliffe Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
