Mixed-Use Restaurant
819 9th St, Greeley, CO 80631
For Sale
$1,600,000
Commercial Sale, Greeley, CO
Property Size7,150 SF
Lot Size0.07 Acres
Price / SF$223.78
Days on Market202
Property Features for 819 9th St
General Information
Property type
Property subtype
Zoning
Rooms
Fencing
Basement
Appliances
Subdivision
Lot features
Elementary school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Utilities
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Building materials
Roof type
Listing Agency:
RE/MAX Alliance-Greeley · RE/MAX International
(970) 330-5000
Listed By:
Chad Nixon · License CO FA100047347
(970) 776-0658
Added: Apr 23
Changed: Oct 8
Last Checked: Nov 10 at 7:06PM
MLS# 1057365
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use commercial property includes a 2,675-square-foot restaurant area on the main level, with a 2,875-square-foot basement configured for kitchen and storage functions. The upper floor contains a two-bedroom apartment with an office, living room, kitchen, and bathroom. Building features include central air, forced-air heating, a rubber roof, fire alarm, fencing, public sewer, and natural gas availability. Constructed in 1898, the property is zoned Commercial.
The building is located at 819 9th St in Greeley’s Downtown Development Authority area and Historic District. The nearby Greeley Civic Campus and Weld County Judicial Center are identified as sources of nearby growth and foot traffic. Potential project-related programs referenced for the district include facade and building improvement grants, along with possible Tax Increment Financing reimbursements for eligible projects.
The building is located at 819 9th St in Greeley’s Downtown Development Authority area and Historic District. The nearby Greeley Civic Campus and Weld County Judicial Center are identified as sources of nearby growth and foot traffic. Potential project-related programs referenced for the district include facade and building improvement grants, along with possible Tax Increment Financing reimbursements for eligible projects.
Key Highlights
- 2,675‑square‑foot main‑level restaurant space
- 2,875‑square‑foot basement used for kitchen and storage
- Upper‑level apartment with 2 bedrooms, office, living room, kitchen, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,583
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,731,660
$1.7M
Cap Rate 7%
$1,236,900
$1.2M
Cap Rate 9%
$962,033
$962.0K
Market Conditions
NOI Build-Up for 7,150 SF
Gross rent
$128.7K $18.00/SF
− Vacancy
−$13.3K −$1.85/SF
EGI
$115.4K $16.15/SF
− OpEx
−$28.9K −$4.04/SF
NOI
$86.6K $12.11/SF
Area
Greeley, CO
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,731,660
Cap Rate 7%
$1,236,900
Cap Rate 9%
$962,033
Alternative Uses
Best Use
Specialty Retail
$1.24M
$1.08M – $1.44M
NOI $86,583 @ 7.0% cap · market cap 5.41%
Second Best
Mixed Use
$106.2K
$92.9K – $123.9K
NOI $7,435 @ 7.0% cap
Theoretical Best
Office B
$1.30M
$1.14M – $1.52M
NOI $91,216 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,455
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 19%
Hotels & Casinos 18%
Electronics 2%
Dutch Bros. Coffee
Dining
17,053 visits/mo
0.5 miles
Carl's Jr.
Dining
10,713 visits/mo
0.3 miles
Family Dollar
Shops & Services
9,179 visits/mo
0.3 miles
DoubleTree by Hilton
Hotels & Casinos
8,810 visits/mo
0.1 miles
Santiago's
Dining
7,433 visits/mo
0.2 miles
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
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Market
Properties on Market for Mixed-use properties in Weld County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property combines restaurant operations, support space, and an upper-level apartment in downtown Greeley.
Where is this mixed-use property located?
The property is located at 819 9th St Greeley, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2,675‑square‑foot main‑level restaurant space; 2,875‑square‑foot basement used for kitchen and storage; Upper‑level apartment with 2 bedrooms, office, living room, kitchen, and bathroom
