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    701 7Th St Greeley, CO 80631

    Sponsored
    For Sale
    $1,300,000

    Prime Downtown Location, 23,000 SF, Huge Potential

    Property size:
    23,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Discover a remarkable opportunity to acquire a piece of Greeley's history with the D&D Bean Building, a landmark structure dating back to 1882. This 23,000 square foot mixed-use property, situated in the heart of Greeley's historic downtown and within a Federal Opportunity Zone, presents immense potential for various ventures. The building boasts original red brick exterior, facade, and support timbers, exuding undeniable character and charm. Functional amenities include a well-preserved freight elevator in good working order and intact bean silos, adding to its unique appeal. The property also features a south-side dock with a working dock leveler and multiple dock doors, ensuring convenient access. Currently, the building is mostly vacant, with the exception of a long-term tenant operating an art studio in the front offices. This presents a blank canvas for a diverse range of uses, including restaurants, breweries, retail shops, and more. The building is equipped with 3-phase, 200-amp service and a well located on the property. The asking price is $1,300,000, translating to $56.52 per square foot. The 14,250 square foot lot is zoned for commercial use. This NNN lease property offers a unique blend of historical significance and modern functionality, making it an exceptional investment opportunity. Don't miss this chance to own a piece of Greeley's rich heritage. The building is currently at 10% occupancy.

    Property Features for 701 7Th St

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    23,000 SF

    Building Details

    Year Built
    1882

    HighLights

    • $1,300,000 asking price for a 23,000 square foot mixed‑use property in Greeley, CO.
    • NNN lease, multi‑tenant occupancy at 10%.
    • Located in the heart of Historic Downtown Greeley, within a Federal Opportunity Zone.
    • Historic building (1882) with original red brick exterior, facade, and support timbers.
    • Features a functional freight elevator, well‑preserved bean silos, and a dock with leveler and dock doors.
    • Currently 10% occupied, with potential for conversion into restaurant, brewery, retail, or other uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greeley
    County
    Weld
    State
    Colorado
    Longitude
    -104.6892559
    Latitude
    40.4261664

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    FAQs

    What type of property is this?
    Church & religious facility - Prime Downtown Location, 23,000 SF, Huge Potential
    Where is this church & religious facility located?
    The property is located at 701 7Th St 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: $1,300,000 asking price for a 23,000 square foot mixed-use property in Greeley, CO.; NNN lease, multi-tenant occupancy at 10%.; Located in the heart of Historic Downtown Greeley, within a Federal Opportunity Zone.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 7Th St Greeley, CO 80631
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