Active
519-521 8th St
Greeley CO, 80631
$714,995
$99.30 per sqft
Active
7,200 sqft
Commercial
Built in 1899
Welcome to a prime investment opportunity at 519 and 521 8th St, Greeley, CO! .Commercial Brilliance:Strategically located, 519 and 521 8th St feature two commercial addresses, providing an ideal setting for business ventures seeking high visibility and foot traffic. Whether you're envisioning a boutique, restaurant, or office space, these commercial spots are poised for success.Rental Residences Above:Above the commercial spaces, you'll discover two well-designed rental units, adding a valuable income stream to your investment. These residential spaces enhance the property's versatility, attracting potential tenants seeking a convenient and vibrant urban lifestyle.Income Diversification:The combination of commercial and residential units ensures income diversification, reducing risk and increasing stability. This property caters to both business owners and renters, expanding your potential tenant base and maximizing returns.Versatile Zoning:Benefiting from versatile zoning, 519 and 521 8th St allow for various business opportunities, giving you the flexibility to adapt your investment strategy. Whether you choose to occupy the commercial spaces yourself or lease them out, this property accommodates your unique goals. Strategic Location:Situated in the heart of Greeley, these addresses enjoy proximity to key amenities, public transportation, and a thriving community. The strategic location ensures a steady flow of customers for your commercial endeavors and tenants for the rental units. Future Growth Potential: Greeley is on the rise, making this investment a forward-looking choice. As the city experiences growth, property values are likely to appreciate, providing additional long-term benefits for investors. In summary, 519 and 521 8th St offer a rare opportunity to capitalize on both commercial and residential income streams in a rapidly growing community. Don't miss your chance to secure a foothold in Greeley's promising real estate market. Cash offers only!
1004376
MLSⓇ ID
March 4, 2024
Listed
May 11, 2024
Updated
Map
519-521 8th St
Greeley CO, 80631
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Evaporative Cooling
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.13 Acres
Roof
Composition
Other Property Details
Area Name
Greeley/Weld
Taxes
$5,316
Tax Frequency
Annually
Days on Market
68
Garage
No
View
No
County
Weld
Water Source
City Water, City of Greeley
Pool
No
Zoning
Ind-Med
Buyer Agency Compensation
2.5%
Listed by Edwin Lucero with LPT Realty, LLC.
Listing Contact: 8773662213
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 5/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/11/2024 at 4:08 AM UTC