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517 8Th St Greeley, CO 80631

For Sale
$690,000

Residential Income - Greeley, CO

Property size:
7,948 SF
Lot size:
0.20 Acres
Days on Market:
164
Last Refresh:
Dec 13 at 5:06 pm

Property Features for 517 8Th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
I-M
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Bedrooms
5
Bathrooms
3
Size
7,948 SF
Lot size
0.20 Acres

Building Details

Year built
1919
Floors in Building
2
Architectural style
Other

LC Real Estate Group, LLC (970) 402-6432 [email protected]

Listing agent Wayne Lewis (970) 402-6432

Listing date Jul 3, 2025

MLS# 1038272 Listing URL

Copyright © 2025 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property in Downtown Greeley

This mixed-use property offers an excellent opportunity with a proposed transaction structure that includes the purchase of a residential income property and a mixed-use commercial/industrial/storage and residential property. The 8th Street building is conveniently located two blocks from 8th Avenue, the main North/South Highway 34 Business Route through Downtown Greeley, and is within walking distance of Lincoln Park. The property's location provides proximity to key amenities, public transportation, and a thriving Downtown business community. It features three commercial spaces, including a 2,500 square foot commercial/industrial space, approximately 1,100 square feet for a local grocery, and 1,601 square feet of storage space. Additionally, there are three residential units: a 748 square foot 2-bedroom, 1-bath single-family home, a 1,250 square foot 2-bedroom, 1-bath apartment over commercial space, and a 750 square foot 1-bedroom, 1-bath apartment. The property is zoned Industrial Medium Intensity (I-M), allowing for a broad set of commercial and industrial uses. The residential spaces enhance the property's versatility, attracting potential tenants seeking a convenient and vibrant urban lifestyle. The combination of commercial and residential units ensures income diversification, reducing risk and increasing investment stability. Continued reinvestment in the area should benefit the long-term potential of this property.
Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Greeley
County
Weld
State
Colorado
Longitude
-104.686486
Latitude
40.42506

FAQs

What type of property is this?
Mixed-use property - Mixed-use property near downtown Greeley with commercial and residential units.
Where is this mixed-use property located?
The property is located at 517 8Th St Greeley, CO.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: - Opportunity to purchase three properties with a $100,000 down payment, including seller carry financing for a portion of the deal.; - Diverse income streams from three commercial spaces and three residential units.; - Prime location near Downtown Greeley, key amenities, public transportation, and Lincoln Park.
More about this property
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