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    Greeley Shop and Office Space Title is generated by Realmo AI

    420 15th St, Greeley, CO 80631

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    For Sale
    $1,163,520

    Functional shop and office space in downtown Greeley.

    Type:Industrial
    Property size:
    5,000 SF
    Price / SF:
    $232/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 4:35 pm

    Property Features for 420 15th St

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1993

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    Listing Contact
    Ryan Andre
    Ryan Andre

    Listing agent Ryan Andre

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Ryan Andre

    HighLights

    • Prime Downtown Greeley location with easy access to Hwy 85, ideal for businesses in Northern Colorado's industrial corridor.
    • Turnkey facility with approximately 5,000 SF of functional shop space, including three 14' automatic overhead doors and a dedicated wash bay.
    • Secure, fully fenced and gated yard with razor wire, security system, and 24‑hour access.
    • Includes a drive‑over oil change pit, perfect for automotive, fleet, or service operations.
    • Three main offices plus a finished mezzanine provide office and administrative space.
    • Potential for expansion with adjacent parcel available for extra storage parking.

    Overview

    Located in Downtown Greeley with convenient access to Hwy 85, this property is positioned in Northern Colorado's growing industrial corridor. Built in 1993, the property is ideal for owner-users, service contractors, fleet operators, or light manufacturing firms seeking a turnkey facility with both shop and office space. The shop space offers approximately 5,000 square feet, consisting of three 14-foot automatic overhead doors plus a separate dedicated wash bay. One of the bays includes a drive-over oil change pit, making it suitable for automotive, fleet, or service operations. The property features solid timber construction and fully insulated bays. Heated shop areas with ceiling fans ensure year-round comfort. The parking and storage area are secure and accessible with a fully fenced and gated yard with razor wire, a security system, and 24-hour access. The corner lot provides easy ingress and egress for trucks and trailers. There are three main offices plus a finished mezzanine with additional office space. The combination of a secure yard, functional bays, and expansion land makes it a versatile asset. The bike score is 78, indicating it is very bikeable, and the walk score is 52, indicating it is somewhat walkable.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $90.0k $18.00
    − Vacancy −$5.0k −$0.99
    EGI $85.1k $17.01
    − OpEx −$21.3k −$4.25
    NOI $63.8k $12.76
    5,000 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $911.3K
    $797.4K – $1.06M (±1% cap)
    NOI $63,788 @ 7.0% cap · market cap 5.48%
    Second Best
    Retail
    $807.3K
    $706.4K – $941.9K (±1% cap)
    NOI $56,511 @ 7.0% cap · market cap 4.86%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Schaefer Enterprises Inc Social Service Agency Transportation Management Trucking Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • C & J Market & Deli — 722 5th Ave, Greeley, CO 80631

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.6847094
    Latitude
    40.415285

    FAQs

    What type of property is this?
    Flex space - Functional shop and office space in downtown Greeley.
    Where is this flex space located?
    The property is located at 420 15th St Greeley, CO.
    What is the asking price?
    The asking price for this property is $1,163,520.
    What are key features of this property?
    This property features: Prime Downtown Greeley location with easy access to Hwy 85, ideal for businesses in Northern Colorado's industrial corridor.; Turnkey facility with approximately 5,000 SF of functional shop space, including three 14' automatic overhead doors and a dedicated wash bay.; Secure, fully fenced and gated yard with razor wire, security system, and 24‑hour access.
    More about this property
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