When it comes to Pueblo’s real estate market, although residential properties seem to sell in the blink of an eye, commercial real estate is not following the same trend — yet.
“Our commercial market has been pretty good for the last several years, but not hot. It is not anything like the rest of the state,” said Dan Molello, a RE/MAX Pueblo realtor who has sold commercial real estate for 49 years in Pueblo.
Even though Pueblo’s residential real estate is selling like hot cakes and pretty much any kind of house will sell fast, commercial real estate, “Is nothing like the residential market that’s for sure — not even close. They always have been two different markets,” Molello explained.
There have been some investment properties such as shopping centers and office buildings that have sold this past year that are…