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519 8th St

Greeley, CO 80631
  • $714,995
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 1004376
$714,995
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1899
County:

School Ratings & Info

Description

Welcome to a prime investment opportunity at 519 and 521 8th St, Greeley, CO! .Commercial Brilliance:Strategically located, 519 and 521 8th St feature two commercial addresses, providing an ideal setting for business ventures seeking high visibility and foot traffic. Whether you're envisioning a boutique, restaurant, or office space, these commercial spots are poised for success.Rental Residences Above:Above the commercial spaces, you'll discover two well-designed rental units, adding a valuable income stream to your investment. These residential spaces enhance the property's versatility, attracting potential tenants seeking a convenient and vibrant urban lifestyle.Income Diversification:The combination of commercial and residential units ensures income diversification, reducing risk and increasing stability. This property caters to both business owners and renters, expanding your potential tenant base and maximizing returns.Versatile Zoning:Benefiting from versatile zoning, 519 and 521 8th St allow for various business opportunities, giving you the flexibility to adapt your investment strategy. Whether you choose to occupy the commercial spaces yourself or lease them out, this property accommodates your unique goals. Strategic Location:Situated in the heart of Greeley, these addresses enjoy proximity to key amenities, public transportation, and a thriving community. The strategic location ensures a steady flow of customers for your commercial endeavors and tenants for the rental units. Future Growth Potential: Greeley is on the rise, making this investment a forward-looking choice. As the city experiences growth, property values are likely to appreciate, providing additional long-term benefits for investors. In summary, 519 and 521 8th St offer a rare opportunity to capitalize on both commercial and residential income streams in a rapidly growing community. Don't miss your chance to secure a foothold in Greeley's promising real estate market. Cash offers only!

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© 2024 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 Re/Max Alliance. Data last updated: 2024-05-28T23:42:33.473.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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519 8th St Greeley, CO 80631

  • Price: $714,995
  • Status: Active
  • On Site: 85 Days
  • MLS #: 1004376
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1899
Built
Neighborhood:
Greeley City
County:
Weld
Area:
10 Weld County (all)
Property Description
Welcome to a prime investment opportunity at 519 and 521 8th St, Greeley, CO! .Commercial Brilliance:Strategically located, 519 and 521 8th St feature two commercial addresses, providing an ideal setting for business ventures seeking high visibility and foot traffic. Whether you're envisioning a boutique, restaurant, or office space, these commercial spots are poised for success.Rental Residences Above:Above the commercial spaces, you'll discover two well-designed rental units, adding a valuable income stream to your investment. These residential spaces enhance the property's versatility, attracting potential tenants seeking a convenient and vibrant urban lifestyle.Income Diversification:The combination of commercial and residential units ensures income diversification, reducing risk and increasing stability. This property caters to both business owners and renters, expanding your potential tenant base and maximizing returns.Versatile Zoning:Benefiting from versatile zoning, 519 and 521 8th St allow for various business opportunities, giving you the flexibility to adapt your investment strategy. Whether you choose to occupy the commercial spaces yourself or lease them out, this property accommodates your unique goals. Strategic Location:Situated in the heart of Greeley, these addresses enjoy proximity to key amenities, public transportation, and a thriving community. The strategic location ensures a steady flow of customers for your commercial endeavors and tenants for the rental units. Future Growth Potential: Greeley is on the rise, making this investment a forward-looking choice. As the city experiences growth, property values are likely to appreciate, providing additional long-term benefits for investors. In summary, 519 and 521 8th St offer a rare opportunity to capitalize on both commercial and residential income streams in a rapidly growing community. Don't miss your chance to secure a foothold in Greeley's promising real estate market. Cash offers only!
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Horse YN No Roof Composition Waterfront YN No

Interior Features

Basement None Building Area Total 7200 Cooling Evaporative Cooling Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Professional/OfficeRetail-StripRetail-ShowroomRetail-DowntownRetail-RegionalRetail-CommunityRetail-NeighborhoodManufacturingOther CommericalOther IndustrialVariety Cap Rate 5.08 Ditches Active YN No Exclusions Tenants personal property Gross Income 41610 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Locale Greeley Net Operating Income 36294 New Construction YN No Operating Expense 5316 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 5316 Tenant Pays DepositGasElectricity Water Source City WaterCity of Greeley Zoning Ind-Med

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Edwin Lucero of LPT Realty, LLC.: 8773662213.



© 2024 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 Re/Max Alliance. Data last updated: 2024-05-28T23:42:33.473.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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