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417 N Santa Fe Avenue , #419

Pueblo, CO 81003
  • $850,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: 2380322
UPDATED: 55 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,712
    SQFT
  • $45
    $/SQFT
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

REcolorado logo Offered by Brokers Guild Homes.

Description

The Granada Apartments is a unique opportunity to own 17-apartment units and 2 retail spaces located right in the heart of downtown Pueblo. Not many retail/apartment building combos in Pueblo and you cannot beat the location as the property is walking distance from some Pueblo's hottest attractions: the Riverwalk, Brues Alehouse, Angelo's Pizza Parlor, The Pueblo Convention Center, the Sangre de Cristo Arts & Conference Center, and some of the best restaurants and food you can find in southern Colorado. Built in 1900, the property is an original Thatcher building rich with Pueblo history that was once a hotel before being converted into the apartment building it operates as today. The apartment unit mix consists of 14-Studios and 3-1Bed units that sit above 2 retail spaces. The retail tenants are the Warrior Gym, an MMA training gym that just started a new 3-year-lease in September, and Cloud 9 Hookah Lounge, a popular after-hours spot just blocks from some of Pueblo's best bars and breweries check out their reviews online. Value add opportunity to stabilize a historical building, clean up the units, and increase rents. All apartment tenants are on month-to-month leases. Proforma CAP Rate of 11.30%. Newer roof. Please see the Offering Memorandum in the supplements and contact the listing agent to schedule a showing: Patrick 720-935-2184.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Venterra Real Estate LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.venterrahomes.com/homes/131872859
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417 N Santa Fe Avenue , #419 Pueblo, CO 81003

  • Price: $850,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 55 min ago
  • ID#: 2380322
0
Beds
0
Baths
0
½ Baths
N/A
Acres
18,712
SQFT
$45
$/SQFT
1900
Built
County:
Pueblo
Area:
Pueblo
Property Description
The Granada Apartments is a unique opportunity to own 17-apartment units and 2 retail spaces located right in the heart of downtown Pueblo. Not many retail/apartment building combos in Pueblo and you cannot beat the location as the property is walking distance from some Pueblo's hottest attractions: the Riverwalk, Brues Alehouse, Angelo's Pizza Parlor, The Pueblo Convention Center, the Sangre de Cristo Arts & Conference Center, and some of the best restaurants and food you can find in southern Colorado. Built in 1900, the property is an original Thatcher building rich with Pueblo history that was once a hotel before being converted into the apartment building it operates as today. The apartment unit mix consists of 14-Studios and 3-1Bed units that sit above 2 retail spaces. The retail tenants are the Warrior Gym, an MMA training gym that just started a new 3-year-lease in September, and Cloud 9 Hookah Lounge, a popular after-hours spot just blocks from some of Pueblo's best bars and breweries check out their reviews online. Value add opportunity to stabilize a historical building, clean up the units, and increase rents. All apartment tenants are on month-to-month leases. Proforma CAP Rate of 11.30%. Newer roof. Please see the Offering Memorandum in the supplements and contact the listing agent to schedule a showing: Patrick 720-935-2184.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Parking Total 0

Property Features

Exclusions Tenants Personal Property Listing Terms CashConventional Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 4657 Tax Year 2021 Zoning B-4

REcolorado logo Listing courtesy of Brokers Guild Homes:303-752-0007. MLS #2380322


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Venterra Real Estate LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Venterra Real Estate LLC
802 S Tejon St.
Colorado Springs CO, 80903
REcolorado logo Offered by Brokers Guild Homes.