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    1901 56Th Ave Greeley, CO 80634

    For Sale
    $2,913,435

    Multi-tenant office building, 21,581 sq ft, 1.39 acres.

    Property size:
    21,581 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional multi-tenant professional office building, situated at 1901 56th Ave in Greeley, Colorado, presents a compelling investment opportunity. Spanning 21,581 square feet and encompassing 1.39 acres of land, the property enjoys a highly desirable location in west Greeley, offering convenient access to a vibrant mix of restaurants, retail establishments, residential areas, recreational facilities, and essential public amenities. Currently, the building houses three established tenants, demonstrating strong occupancy and rental income potential. A significant advantage is the availability of a vacant lower-level space, presenting an immediate opportunity to increase revenue streams through leasing to a new tenant. The building's strategic placement along W. 20th Street ensures high visibility and accessibility for both tenants and clients. This property is ideally suited for investors seeking a stable, income-generating asset in a thriving Colorado community. The substantial square footage and ample land provide flexibility for future expansion or redevelopment, further enhancing its long-term value. The existing tenant base provides a solid foundation for continued success, while the vacant space offers immediate potential for growth. This is a rare opportunity to acquire a well-located, multi-tenant commercial property in a rapidly developing area. The combination of existing income and expansion potential makes this an attractive investment.

    Property Features for 1901 56Th Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    21,581 SF
    Lot Size
    60,548 SF

    Building Details

    Year Built
    1996
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cynthia Graham Speech Pathologist Kristen Holman Physical Therapist Mercy Church Church Jessica Bartholomew Speech Pathologist Talia Carbajal Speech Pathologist

    Suggested Use

    Law Firm Realty agency 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
    -104.7712
    Latitude
    40.4073

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    FAQs

    What type of property is this?
    Commercial real estate - Multi-tenant office building, 21,581 sq ft, 1.39 acres.
    Where is this commercial real estate located?
    The property is located at 1901 56Th Ave Greeley, CO.
    What is the asking price?
    The asking price for this property is $2,913,435.
    (970) 663-3150
    Request Owner's contact information
    1901 56Th Ave Greeley, CO 80634
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    Greeley, CO 80634
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1901 56Th Ave Greeley, CO 80634
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