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517 8th St , Various

Greeley, CO 80631
  • $800,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 1026285
UPDATED: 45 min ago
$800,000
  • 5
    BEDS
  • 0.2
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 7,948
    SQFT
  • $101
    $/SQFT
Neighborhood:
Greeley City
Type:
Multi-Family
Built:
1919
County:
Weld
Area:
10 Weld County (all)

School Information

Elementary School:
Maplewood
Middle School:
Heath
High School:
Greeley Central
School District:
Greeley 6
School Ratings & Info

Description

Mixed Commercial/Residential building conveniently located two blocks from 8th Avenue. Walking distance to Lincoln Park. Proximity to key amenities, public transportation, and downtown. 2 commercial spaces, one 2500 sf currently leased as a church and second is 2700 sf leased as a retail home goods. 3 residential units - one single family home and two apartments above the commercial spaces. Industrial Medium Intensity allows for broad set of commercial and industrial uses. Residential spaces enhance the property's versatility, attracting potential tenants seeking a convenient and vibrant urban lifestyle. Combination of commercial and residential units ensures income diversification, reducing risk and increasing investment stability. Proximity to Downtown Greeley and continued reinvestment in the area should benefit the long term potential of this property.

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© 2025 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2025-04-18T18:41:43.173.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/160473397
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517 8th St , Various Greeley, CO 80631

  • Price: $800,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 45 min ago
  • MLS #: 1026285
5
Beds
3
Baths
0
½ Baths
0.2
Acres
7,948
SQFT
$101
$/SQFT
1919
Built
Neighborhood:
Greeley City
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Maplewood
Middle School:
Heath
High School:
Greeley Central
School District:
Greeley 6
Property Description
Mixed Commercial/Residential building conveniently located two blocks from 8th Avenue. Walking distance to Lincoln Park. Proximity to key amenities, public transportation, and downtown. 2 commercial spaces, one 2500 sf currently leased as a church and second is 2700 sf leased as a retail home goods. 3 residential units - one single family home and two apartments above the commercial spaces. Industrial Medium Intensity allows for broad set of commercial and industrial uses. Residential spaces enhance the property's versatility, attracting potential tenants seeking a convenient and vibrant urban lifestyle. Combination of commercial and residential units ensures income diversification, reducing risk and increasing investment stability. Proximity to Downtown Greeley and continued reinvestment in the area should benefit the long term potential of this property.
Exterior Features

Construction Materials Wood/FrameBlockStuccoWood Siding Exterior Features Lighting Horse YN No Levels Bi-Level Lot Features CurbsSidewalksLevel Parking Features Alley Access Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Tar/Gravel Spa YN No Waterfront YN No

Interior Features

Basement None Heating Space Heater2 or more Heat Sources Heating YN Yes Living Area Source Other Unit1 Bedrooms 2 Unit1 Est Sq Ft 748 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 1250 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Est Sq Ft 750 Unit3 Total Baths 1 Unit4 Est Sq Ft 2700 Unit5 Est Sq Ft 2500

Property Features

Association YN No Cap Rate 8.96 Ditches Active YN No Electric ElectricXcel Energy Gas Natural GasAtmos Energy Gross Income 106794 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Greeley Net Operating Income 71737 New Construction YN No Number Of1 Bedroom Units 1 Number Of2 Bedroom Units 2 Operating Expense 35057 Possible Use Multi-FamilyCommercialCommercial or Industrial Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 11931 Tax Year 2024 Tenant Pays DepositGasElectricityWaterSewer Unit1 Rent 1300 Unit2 Rent 1050 Unit3 Rent 1000 Unit4 Rent 1500 Unit5 Rent 3000 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Greeley Zoning I-M

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Wayne Lewis of LC Real Estate Group, LLC: 3035888808.



© 2025 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2025-04-18T18:41:43.173.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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Sears Real Estate
2021 Clubhouse Dr. Suite 100
Greeley CO, 80634