217 S Union Avenue Unit

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Virtual Tour Active Pueblo, CO 81003 MLS# 8871968 Listed by Erika Luecke on 11/01/2021
$1,300,000
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Commercial Property Type
0.16 Acres
2751.00 Sq Ft
1990 Year Built
H-B Zoning

Overview

This classic Pueblo restaurant is in the heart of charming Union Avenue, and walking distance to the Historic Arkansas Riverwalk. Designed with a uniquely urban feel, offering exceptional food, great employees, year over year financial growth, and a turn-key business awaiting new ownership. Business will continue thriving and growing with the town of Pueblo's revitalization and growth plans. The space features two outdoor patios totaling over 3600 sf, and a large balcony for VIP or private seating overlooks the main dining area, and a spacious back banquet area. Hosting events, business and family gatherings, presentations, reunions and much more can absolutely be accommodated, while still carrying on the bustling "regular" crowd. Furniture, fixtures and equipment included. Pueblo's major support and resources focused on plans to continue development and expansion, makes this a tremendous investment. Restaurant business and real estate will be sold, all inclusive $1,300,000. $800,000 for the land and building ($290 per sf), $500,000 for the established and profitable business. Opportunity Zone for capital gains tax incentive: http://www.pueblo.us/2464

New Home Sales Hours

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Source: REcolorado

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    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 1990
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 2,751
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $472.56
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class Class B
    • Building Features Fixtures/Equipment Included,Food Service,Signage,Wi-Fi
    • Ceiling Height 12
    • Common Walls
    • Exclusions (2) Personal Laptops, external drive & cooling tower (3) Propane Tanks Vessel Brewing business records & receipts Cash Accounts & Petty cash Deposits paid on half barrel kegs & Co2 tanks 2020 Jeep Gladiator Red Couch in office (7) Beer Tackers (3) Oskar Blues, New Belgium, Guinness, Mercenary & Left Hand Brewing Bumper sticker collage in office
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms:
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms:
    More Room Details

    Unit Information

    Summary

    • Number of Units 0
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories 1
    • Structure Type Low Rise (1-3)
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Urban Contemporary
    • Construction Materials Frame,Metal Frame
    • Foundation Details
    • Roof Unknown
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Historical District
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.16
    • Lot Size Dimensions
    • Lot Size SqFt 6,969.60
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $8,125,000
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access Easement,Public Road
    • Road Responsibility Public Maintained Road
    • Road Surface Alley Paved,Paved

    Parking/Garage

    Parking Space Summary

    Parking Features

    • Total Parking Spaces 0
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service 220 Volts
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available,Electricity Available,Electricity Connected,Internet Access (Wired),Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Connected
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 10.00
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $
    • Operating Expense Includes
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Commission Information
    • Buyer Agency Compensation 2.80%
    • Transaction Broker Compensation 2.80%
    • Compensation Offered
    • Dual Variable Compensation Yes
    • Commission Modified
    • Closing Comments
    Income details
    • Actual Annual Net Income $
    • Gross Income $
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $
    • Projected Annual Net Income $
    • Projected Gross Income $
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $5,154
    • Legal Description LOTS 25 + 26 BLK 49 SOUTH PUEBLO FORMERLY #03364-12-011 + 012
    • Tax Exemptions
    • Tax ID 0-5-36-4-12-018
    • Tax Year 2020
    Other
    • Tenant Pays
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent I-25 to Pueblo. Take exit 97B from I-25 N, Take exit 97B toward Abriendo Ave., Continue on E Abriendo Ave. to Main St to S Union Ave. 217 S Union is location on left
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Restaurant
    • Incorporated? No
    • Zoning H-B
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $1,300,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership
    • Possession Negotiable
    • Special Listing Conditions
    • Year Built 1990

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    School Zone

    District:
    Schools: Elementary School, High School, Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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