Contacts
Olive Real Estate Group
Property Details
- Property Type Multi-Family
- Property Size 7,868 SF
- Units 15
- Lot Size 0.31 Acre
- Date Updated Apr 27, 2026
2801 LAKE AVENUE presents a compelling value-add investment opportunity consisting of 15 studio-style units in a well-located Pueblo corridor. The property has been recently renovated and is currently vacant, offering a unique opportunity for an investor to lease-up from day one and establish new rental rates.
The asset is configured as studio-style units with flexible use potential, including continued residential use or repositioning as a traditional motel (subject to zoning compliance).
The vacant status allows for operational control and implementation of a tailored leasing strategy without legacy tenant constraints.
Lease-Up Opportunity: Vacant asset allows for immediate repositioning and ability to set market rents
Ideal for investors seeking value-add and operational upside
Potential Projected Rents: $750-$950/month (average $850/unit)
Strong accessibility to I-25 and Pueblo Blvd commercial corridor
Located in an Opportunity Zone and Enterprise Zone providing federal tax incentives
Reach out to the broker for more info on lease terms and amenities
Getting around
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46/100
Walk Score ®
-
50/100
Bike Score ®
Location
- City Pueblo, CO
- Zip Code 81004
- Market Denver
Points of Interest
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Loaf 'N Jug
0.21 miles
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Western
0.26 miles
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Walmart
0.97 miles
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Conoco
1.82 miles
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Loaf N' Jug
2.63 miles
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Phillips 66
2.69 miles
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ChargePoint Charging Station
3.06 miles
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ChargePoint
3.34 miles
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Lake Minnequa Rear Parking Lot
0.27 miles
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Lake Minnequa Front Parking Lot
0.30 miles
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CO Mass Vaccination Site
1.93 miles
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Moffat Trailhead
2.41 miles
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Main Street Trailhead
2.63 miles
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400 Stanton Avenue Parking
2.69 miles
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Phelps Creek Trailhead
2.71 miles
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Union Ave Parking Lot
2.88 miles
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Main Street Parking Garage
2.99 miles
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Kozy Motel
0.00 miles
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Minnequa Motel
0.16 miles
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Hampton Inn and Suites Pueblo-Southgate
0.37 miles
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Microtel Inn & Suites by Wyndham Pueblo
0.40 miles
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Coronado Motel
0.56 miles
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Sunset Inn
2.70 miles
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Station on the Riverwalk
3.12 miles
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TownePlace Suites Pueblo Downtown
3.22 miles
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SpringHill Suites Pueblo Downtown
3.25 miles
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Courtyard Pueblo Downtown
3.27 miles
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Walmart Neighborhood Market
0.89 miles
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King Soopers
1.81 miles
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Safeway
1.88 miles
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Walmart Supercenter
2.24 miles
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Big R
4.81 miles
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Save-A-Lot
4.88 miles
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Natural Grocers
5.38 miles
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Sears
5.56 miles
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Pueblo Mall
5.66 miles
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Target
5.66 miles
Olive Real Estate Group