691 S Union Ave Pueblo, CO 81004

Listing details for 691 S Union Ave, Pueblo, CO 81004 : “The Mesa” is an extremely unique opportunity to own 16 individual hotel-style rooms and 4 prime retail storefronts in one of Pueblo’s hottest and most popular neighborhoods - Mesa Junction. Located at the intersection of S Union Avenue and W Abriendo Avenue, this could arguably be the best location in Pueblo for retail and foot traffic. The property faces the Pueblo Library across Union Ave and across the street on Abriendo you’ll find a strip of retail business, coffee shops, and restaurants, including neighborhood staples like the Pantry, Taffy’s, or Schusters Bakery. Mesa Junction has long been the epicenter of Pueblo’s business economy and today this neighborhood is transitioning as rapidly as anywhere in Pueblo. Rare opportunity as not many retail/apartment building combos like this come up for sale. Elevation Barber Studio currently occupies two of the retail spaces, and the other two are occupied by Athena’s Garden, part yoga studio and part preowned clothing, and Pre-Loved Promenade, a preowned furniture, clothing, and oddities store. Built in 1900, the property was once The Mesa Hotel, so the rooms upstairs are hotel-style. The rooms vary in size, but all contain enough space for a bed and a small closet. The 16 rooms share two common bathrooms and share a common kitchen. All of the rooms once had their own sinks. Huge value add opportunity to convert the units into short-term rentals, luxury apartments, or maybe convert the upstairs space into office or retail. Lots of upside and opportunity to stabilize the building, clean up the units, and increase rents. There is plenty of public parking along Abriendo Avenue. Hurry, as this opportunity won’t last long. Please contact the listing agent to schedule a showing: Patrick 720-935-2184.