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519 8th St, Greeley, CO 80631
$714,995
519 8th St, Greeley, CO 80631View this property at 519 8th St, Greeley, CO 80631
519 8th StGreeleyCO80631
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Property Description
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!
Full Property Details
Full Property Details for 519 8th St
General
- Price: $714,995
- Taxes: $5,316
- Status: Active
- Type: Industrial
- MLS ID: 1004376
- Updated: 3/4/2024
- Added to Site: 55 day(s) ago
Business
- Business Type: Professional/Office, Retail-Strip, Retail-Showroom, R
Location
- Area: Greeley
- County: Weld
- Subdivision: Greeley City
Heating & Cooling
- Cooling Type: Evaporative Cooling
- Heating Type: Forced Air
Utilities
- Water: City Water, City of Greeley
Structural Information
- Exterior Const.: Wood/Frame, Brick/Brick Veneer
- Basement Desc.: None
- Square Feet: 7,200
- Year Built: 1899
Lot Features
- Lot Size (Acres): 0.13
- Zoning: Ind-Med
Financial Considerations
- Tax Amount: $5,316
- Tenant Pays: Deposit, Gas, Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Exclusions: Tenants personal property
Listed by LPT Realty, LLC. (877) 366-2213
Get Pre-Approved Today
Schools
Schools serving 519 8th St
School District:Weld County School District 6
Rating | Name | Grades | Distance |
---|---|---|---|
341 14th Ave, Greeley, CO 80631 | K-5 | 0.9 mi | |
2223 16th St, Greeley, CO 80631 | 6-8 | 1.6 mi | |
7001 Grizzly Dr, Greeley, CO 80634 | 9-12 | 5.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 519 8th St
Date
Details
Price
Change
Source
3/04/2024
Listed
$714,995
164.81%
MLS
10/27/2014
Sold
$270,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 519 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,703
5%
$82,620
32%
2022
$5,441
-1%
$62,400
—
2021
$5,474
7%
$62,600
7%
2020
$5,093
—
$58,430
—
2019
$5,107
187%
$58,430
172%
2018
$1,782
-1%
$21,510
—
2017
$1,791
28%
$21,510
14%
2016
$1,398
—
$18,890
—
2015
$1,392
-2%
$18,890
—
2014
$1,427
-2%
$18,890
—
2013
$1,451
—
$18,890
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 519 8th St
519 8th St, Greeley, CO 80631 (MLS# 1004376) is a Industrial property. 519 8th St is currently listed for $714,995 and was received on March 04, 2024. Want to learn more about 519 8th St? Do you have questions about finding other Industrial real estate for sale in Greeley? You can browse all Greeley real estate or contact a Coldwell Banker agent to request more information.