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Home » Real Estate » CO » Greeley » 80631 » 517 8th St, Greeley, CO, 80631
$690,000

517 8th St, Greeley, CO, 80631

5 Beds
3 Baths
7,948 Square Feet
Excellent opportunity to purchase three properties with $100,000 down payment. The proposed transaction structure includes purchase of 517 E 8th St, the residential income property for $165,000 with bank financing and separate purchase of 519 & 521 E 8th St,the mixed use commercial/industrial/storage and residential property for $525,000 with seller carry financing. The 8th Street Mixed Commercial/Residential/Storage building is conveniently located two blocks from 8th Avenue the main North/South Highway 34 Business Route through Downtown Greeley and is walking distance to Lincoln Park The property location enjoys proximity to key amenities, public transportation, and a thriving Downtown business community Three (3) commercial spaces including 2,500 SF commercial/industrial space (521 8thSt), +/- 1,100 SF local grocery, and 1,601 SF storage space (519 8th St) Three (3) residential units including 748 SF 2 Bed/1 Bath single family home (517 8th St),one $1,250 SF 2 Bed/1 Bath apartment over commercial (521 8th St), and one 750 SF 1Bed/1 Bath apartment (519 8th St) Industrial Medium Intensity (I-M) allows for a broad set of commercial and industrial uses Residential spaces enhance the property's versatility, attracting potential tenants seeking a convenient and vibrant urban lifestyle The combination of commercial and residential units ensures income diversification, reducing risk and increasing investment stability Proximity to Downtown Greeley and continued reinvestment in the area should benefit the long term potential of this property
Offered By
Wayne Lewis 3035888808, LC Real Estate Group, LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 5
Property Sub Type Income Property
Square Feet 7,948
MLS # 1038272

Market Trends

New Properties On Market
58
71% Increase In New Listings
Average Asking Price
$492,927
$94,025 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$209
$75 Decrease In List Price/Sq. Ft.
Average Days On Market
8
18 Day Decrease In Days On Market
Data as of Jul 04, 2025. Remaining statistics above are calculated on activity within the period from May 01, 2025 to Jun 30, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 7/3/2025 at 5:43 pm