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About This Home
This 5-bedroom, 3-bathroom residential multi family at 517 8th St in Greeley, CO is listed for $690,000 ($87 per sqft). Built in 1919, the home offers 7,948 sqft of living space on a 0.20 acres lot.
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 Thr
ee (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 (51
9 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
Key Features
- Built in 1919
- 0.20 acre lot
Property Details
Monthly Cost Estimate
$3,690/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
517 8th St
Greeley, CO 80631
Greeley City
Property Details
Construction
Heating
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 517 8th St is listed at $690,000 ($87/sqft). The estimated monthly payment is $2,990 based on 20% down at 6.5% interest.
Key features include: Built in 1919, 0.20 acre lot.
This property is listed by Wayne Lewis and can be reached at 3035888808 or wlewis@lcrealestategroup.com.







































