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
For sale
$690,000
517-521 8th St, Greeley, CO 80631
5beds
3baths
7,948sqft
Est.:
Multi Family
Built in 1919
-- sqft lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
Local groceryResidential unitsStorage space
- 39 days
- on Zillow |
- 136 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 03, 2025 at 12:33pm
Listed by:
Wayne Lewis 303-588-8808,
LC Real Estate Group, LLC,
Edwin Lucero 970-393-3193,
LPT Realty, LLC.
Source: IRES,MLS#: 1038272

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Space Heater, 2 or More Heat Sources
Features
- Basement: None
Interior area
- Total structure area: 7,948
- Total interior livable area: 7,948 sqft
Property
Parking
- Parking features: Alley Access
Features
- Levels: Multi/Split
- Stories: 2
- Exterior features: Lighting
Lot
- Size: 8,712 Square Feet
- Features: Curbs, Gutters, Sidewalks, Level
Details
- Parcel number: R2841086
- Zoning: I-M
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Frame, Block, Stucco, Wood Siding
- Roof: Tar/Gravel
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1919
Utilities & green energy
- Electric: Electric, Xcel Energy
- Gas: Natural Gas, Atmos Energy
- Sewer: City Sewer
- Water: City Water, City of Greeley
- Utilities for property: Natural Gas Available, Electricity Available, Trash: City
Community & HOA
Community
- Subdivision: Greeley City
HOA
- Has HOA: No
Location
- Region: Greeley
Financial & listing details
- Price per square foot: $87/sqft
- Annual tax amount: $12,272
- Date on market: 7/3/2025
- Listing terms: Cash,Conventional
- Total actual rent: 7850
- Tenant pays: Deposit, Gas, Electricity, Water, Sewer
- Income includes: Lease/Rents
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
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