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Listed price in listed location currency (USD).
$290,000

000

MLS® 241975

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $5,704
Days Active 1
Lot Size 0.065 Acres
Approx. Age 2008
MLS® Number 241975

Property Address: 2431 & 2433 S Prairie Ave, Pueblo, CO, 81005

Average square foot calculated using Size range provided by listing agent.

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 9.4% 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.
MLS® Number241975
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2008
BasementNone
DrivewayPaved
Garage Spaces
HeatNatural Gas, Forced Air
A/CCentral Air

Extras

Building & Land

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