Address
601 10th St, Greeley, CO
Price
$ 1,674,900
Property Attributes
  • MLS#973449
  • TypeCommercial
  • CountyWELD
  • CityGreeley
  • AreaGreeley-Weld
  • NeighborhoodGreeley City
  • Zip80631
  • Style
  • Year Built1939
  • Taxes$ 14611
  • Price$ 1,674,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.7 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description

Unique property in Greeley's Downtown Redevelopment area. Super potential for unlimited investment opportunities. The sky is the limit with this vintage style grain elevator that features approximately 20,000 square feet, including the basement, and a 30,500 square foot lot. Current owner has completed extensive remodel, and is using the main floor for an art gallery, and venue to host live events. The main floor features 5,255 square feet, including a private office, large reception area, an entertainment gallery, commercial style kitchen, oversized men's and women's bathrooms, complete with showers, and a master bedroom suite with a walk-in closet, soaking tub, and separate living area. The main floor also includes a 3,449 square foot warehouse with tall beamed ceilings. This area is ideal for a three unit conversion to high end office spaces, or executive style residential lofts. In addition, the main floor features a 2,827 square foot garage that can be converted to retail space. The basement has 5,256 square feet with a full bathroom/laundry room combination, and a non conforming bedroom. There is free public parking across the street. The City of Greeley, and the Downtown Development Authority are open to new ideas. There are hundreds of apartment style units that are slated to be built along the eight avenue corridor to downtown Greeley. This site would be ideal for a craft brewery/restaurant/art gallery. The trend is heading in that direction. This is your chance to get in on the ground level.

Price History
8/16/2022 Listed $1,674,900

General Features

Association Y/N No
Attached Garage No
Basement Partial
Building Features Storage on Site
Business Type Incorporated Area, Professional/Office, Warehouse, Manufacturing, Mini-warehouse, Other Commerical, Other Industrial
Buyer Agent Compensation 2.50
Buyer Agent Compensation Type %
Cap Rate 8.12
City Greeley
Construction Materials Wood/Frame, Brick/Brick Veneer, Block, Metal Siding, Other, Wall: Metal/Frame
Cooling Window Unit(s), None
County Weld
Days on Market 18
Electric Electric, Separate Meter Electricity, 200V Electric, 3-Phase Electric, Electricity at Property, Xcel Energy
Exclusions Owners personal belongings. Large kitchen table. All works of art. All vehicles on the property.
Exterior Features Lighting
Garage Y/N No
Gas Y/N Natural Gas, Separate Meter Gas, Natural Gas at Property, Atmos Energy
Grossincome 152820
Heating Forced Air
Interior Features Kitchenette
Land Lease Y/N No
Lot Size Square Feet 30520
MLS Area Greeley/Weld
Net Operating Income 136109
New Construction No
Operatingexpense 16711
Possible Use Single Family, Multi-Family, Commercial, Commercial or Industrial, Additional Units
Property Attached Y/N No
Property Condition Not New, Previously Owned
Property Type Commercial Sale
Roof Rubber, Other, Flat
Senior Community Y/N No
Sewer City Sewer
Standard Status Active
Status Active
Street Name 10th
Subdivision Name Greeley City
Tax Annual Amount 14611
Tax Year 2022
Tenant Pays None
Utilities Natural Gas Available, Electricity Available, Natural Gas at Property
Waterfront Y/N No
Year Built 1939
Zoning IM

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Flooring Concrete, Floor: Sealed
Heating Y/N Yes
Living Area Units Square Feet
Livingareasource Other
Street Suffix St

Exterior Features

Building Area Total 21556
Horse Y/N No
Lot Features Railroad Adjacent, Historic District, Within City Limits
Lot Size Acres 0.7
Lot Size Area 30520
Lot Size Units Square Feet
Road Frontage Type City Street
Road Surface Type Asphalt
Spa No
Water Source City Water, City of Greeley

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80631

Price
AVG $1.4M
$1.67M
Taxes
AVG $13,963
$14,611
Visits
AVG 15
7
Year Built
AVG 1954
1939
Walkscore
AVG 55
64
Data Provided by Walkscore ® not using MLS data

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