517 8Th St Greeley, CO 80631

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.