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Historic Two-Story Mixed-Use Property
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813 8th St, Greeley, CO 80631

The layout accommodates retail, food and beverage, studio, showroom, and professional office uses.

Property Size10,750 SF
Price / SF$139.53
Days on Market61

Property Features for 813 8th St

General Information

Standard status Active
Size 10,750 SF
Property subtype RETAIL
Zoning C H

Additional Details

Opportunity Zone Yes

Building Details

Year Built 1890
Buildings 1
Stories 2
Listing Agency: CBRE - Fort Collins
Listed By: Melissa Moran
Source: Moodyscre
Added: Aug 7 Changed: Oct 4 Last Checked: Oct 5 at 8:50PM

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 CBRE - Fort Collins

Investment Insights

Based on property information with market context.

Built in 1890, this historic mixed-use building combines two above-grade levels with an additional basement area. Each main floor contains 5,375 square feet, creating 10,750 square feet across the first and second floors, while the basement adds approximately 1,500 square feet. The configuration is suited to retail, food and beverage concepts, breweries or taprooms, fitness and studio space, showrooms, and professional office suites.

The property is located at 813 8th St in Downtown Greeley, within the City of Greeley’s Commercial High Intensity (C H) zoning district and an Opportunity Zone. Its setting includes nearby residents, businesses, and local amenities, with pedestrian activity in the surrounding area. The multi-level design can accommodate an owner-operated business alongside separately leased space, as supported by the existing mixed-use configuration.

Key Highlights

  • 10,750 SF across the ground and second floors
  • 5,375 SF on each of two above‑grade floors
  • Basement adds approximately + 1,500 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$137,143
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,742,860 $2.7M
Cap Rate 7%
$1,959,186 $2.0M
Cap Rate 9%
$1,523,811 $1.5M
Market Conditions
NOI Build-Up for 10,750 SF
Gross rent
$193.5K $18.00/SF
− Vacancy
−$10.6K −$0.99/SF
EGI
$182.9K $17.01/SF
− OpEx
−$45.7K −$4.25/SF
NOI
$137.1K $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%
$2,742,860
Cap Rate 7%
$1,959,186
Cap Rate 9%
$1,523,811

Alternative Uses

Best Use
Office B
$1.96M
$1.71M – $2.29M (±1% cap)
NOI $137,143 @ 7.0% cap · market cap 9.14%
Second Best
Retail
$1.74M
$1.52M – $2.02M (±1% cap)
NOI $121,499 @ 7.0% cap · market cap 8.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Greeley Taekwon-Do Training Center Conservatory Dance Studio Training Center Dance Dream 3 Training Center TightKnit Brewing Co. Production Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tech Support Center Catering Service Skin Care Clinic Pet Store & Service Fish Market

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

1,455
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The layout accommodates retail, food and beverage, studio, showroom, and professional office uses.
Where is this mixed-use property located?
The property is located at 813 8th St Greeley, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,750 SF across the ground and second floors; 5,375 SF on each of two above‑grade floors; Basement adds approximately + 1,500 SF
(970) 219-7376 Call to check price and availability
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