Mixed-Use Building with Ground-Floor
922 8th Ave, Greeley, CO 80631
For Sale
Contact for pricing
Offers ground-level retail/office space plus an apartment, with high-end finishes in a historic downtown setting.
Property Size6,575 SF
Price / SF$120.91
Days on Market232
Property Features for 922 8th Ave
General Information
Standard status
Size
Property subtype
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 776-3900
Listed By:
Aki Palmer · License CO #040037834
(970) 267-7727
Source:
Moodyscre
Added: Mar 24
Changed: Nov 1
Last Checked: Nov 8 at 7:47AM
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 Cushman & Wakefield | Fort Collins
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Investment Insights
Based on property information with market context.
This mixed-use building combines a ground-level retail/office space with an apartment, creating flexibility for either owner-occupancy or leasing both components. The property is described as having high-end finishes throughout.
Located at 922 8th Ave in Greeley, CO 80631, the building is positioned in the heart of historic downtown Greeley. The offering is presented as benefiting from visibility and walkable access to residents and amenities in the immediate area.
For buyers seeking a combined commercial and residential structure, this configuration supports leasing the ground-level space while maintaining a residential unit on site, or operating the commercial component and renting the apartment.
Located at 922 8th Ave in Greeley, CO 80631, the building is positioned in the heart of historic downtown Greeley. The offering is presented as benefiting from visibility and walkable access to residents and amenities in the immediate area.
For buyers seeking a combined commercial and residential structure, this configuration supports leasing the ground-level space while maintaining a residential unit on site, or operating the commercial component and renting the apartment.
Key Highlights
- Mixed‑use building with ground‑level retail/office space plus an apartment
- Located in historic downtown Greeley
- High‑end finishes throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,493
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,860
$1.4M
Cap Rate 7%
$992,757
$992.8K
Cap Rate 9%
$772,144
$772.1K
Market Conditions
NOI Build-Up for 6,575 SF
Gross rent
$134.1K $20.40/SF
− Vacancy
−$7.8K −$1.18/SF
EGI
$126.4K $19.22/SF
− OpEx
−$56.9K −$8.65/SF
NOI
$69.5K $10.57/SF
Area
Greeley, CO
Vacancy
5.80%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,860
Cap Rate 7%
$992,757
Cap Rate 9%
$772,144
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $83,881 @ 7.0% cap · market cap 10.55%
Second Best
Retail
$1.06M
$928.9K – $1.24M
NOI $74,312 @ 7.0% cap · market cap 9.35%
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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Current Use
Location Intelligence
Trade Area within ½ mile
1,461
Businesses Nearby
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Business Placement
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Weld County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Offers ground-level retail/office space plus an apartment, with high-end finishes in a historic downtown setting.
Where is this mixed-use property located?
The property is located at 922 8th Ave Greeley, CO.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Mixed‑use building with ground‑level retail/office space plus an apartment; Located in historic downtown Greeley; High‑end finishes throughout
