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Storefront Building with Flexible Layout
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1335 8th Ave, Greeley, CO 80631

Adaptable commercial space supports retail, studio, gallery, and mixed-use operations in downtown Greeley.

Property Size8,900 SF
Lot Size0.23 Acres
Price / SF$146.07
Days on Market66
Rey
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Property Features for 1335 8th Ave

General Information

Standard status Active
Size 8,900 SF
Class C
Total Parking Spaces 6
Lot size 0.23 Acres
Property subtype Retail, Office
Investment Type Owner/User

Additional Details

Anchor Co-Tenants Tointon Gallery

Building Details

Year Built 1959
Buildings 1
Tenancy Multi
Listing Agency: Step Commercial Real Estate
Listed By: Manuel Martin · License #FA100100336
Source: Crexi
Added: Aug 11 Changed: Oct 10 Last Checked: Oct 14 at 11:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Step Commercial Real Estate

Investment Insights

Based on property information with market context.

Built in 1959, this 8,900-square-foot commercial building occupies a 0.23-acre lot at 1335 8th Ave in downtown Greeley. The storefront configuration offers a flexible interior suited to retail, studio, gallery, or mixed commercial use, with solid mid-century construction and substantial usable area. The property may accommodate an owner-user or investor seeking a commercial building in an established business district.

The surrounding downtown setting includes walkable streets, independent shops, art galleries, and local restaurants. The nearby Tointon Gallery and community of working artists contribute to the area’s cultural character, while the district also draws University of Northern Colorado students and staff, residents, and visitors for shopping, dining, and arts events. Major roadways provide connections throughout Weld County and the Front Range.

Key Highlights

  • 8,900‑square‑foot commercial building on a 0.23‑acre lot
  • Built in 1959 with solid mid‑century construction
  • Flexible layout for retail, studio, gallery, or mixed commercial use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$113,542
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,840 $2.3M
Cap Rate 7%
$1,622,029 $1.6M
Cap Rate 9%
$1,261,578 $1.3M
Market Conditions
NOI Build-Up for 8,900 SF
Gross rent
$160.2K $18.00/SF
− Vacancy
−$8.8K −$0.99/SF
EGI
$151.4K $17.01/SF
− OpEx
−$37.8K −$4.25/SF
NOI
$113.5K $12.76/SF
Area
Greeley, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,840
Cap Rate 7%
$1,622,029
Cap Rate 9%
$1,261,578

Alternative Uses

Best Use
Office B
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,542 @ 7.0% cap · market cap 8.73%
Second Best
Retail
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,590 @ 7.0% cap · market cap 7.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Showcase Art Center, ... Art Gallery Rivers of Oil LLC Alternative Medicine Practice John Blake Photography Photography Service Greeley Art Association Association / Organization The Ginger Cat: A Crafting ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Furniture & Home Goods Nail Salon Real Estate Agency Computer & Electronic Repair HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,566
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80631, CO

52,336
Population
18,871
Households
2.8
Avg Household Size
29
Median Age
18%
College-Educated
73%
High-School Grad
103.6 sq mi
ZIP Area
505
Density / Sq Mi
$52,470
Median Household Income
$33,062
Median Earnings
$1,209
Median Rent
$300,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Adaptable commercial space supports retail, studio, gallery, and mixed-use operations in downtown Greeley.
Where is this storefront property located?
The property is located at 1335 8th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 8,900‑square‑foot commercial building on a 0.23‑acre lot; Built in 1959 with solid mid‑century construction; Flexible layout for retail, studio, gallery, or mixed commercial use
More about this property
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