$1,300,000
$1,250,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
18,988 SqFt
SOLD DATE : 03/08/2023
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Sale: Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 18,988 sqft
Subdivision Greeley City
MLS Listing ID 973449
Sold Date 03/08/23
HOA Y/N false
Abv Grd Liv Area 18,988
Originating Board IRES MLS
Year Built 1939
Annual Tax Amount $14,611
Lot Size 0.700 Acres
Acres 0.7
Property Description
Owner Will Carry! Reasonable Terms. Fantastic Price Reduction. Now $91.03 per square foot. 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 19,000 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. The main floor features 5,255 square feet, including an extra-large 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.
Location
State CO
County Weld
Area Greeley/Weld
Zoning IM
Rooms
Basement Partial
Interior
Interior Features Kitchenette
Heating Forced Air
Cooling Window Unit(s), None
Flooring Concrete, Floor: Sealed
Exterior
Exterior Feature Lighting
Utilities Available Natural Gas Available, Electricity Available, Natural Gas at Property
Roof Type Rubber,Other,Flat
Street Surface Asphalt
Building
Lot Description Railroad Adjacent, Historic District, Within City Limits
Building Description Wood/Frame,Brick/Brick Veneer,Block,Metal Siding,Other,Wall: Metal/Frame, Storage on Site
Sewer City Sewer
Water City Water, City of Greeley
Structure Type Wood/Frame,Brick/Brick Veneer,Block,Metal Siding,Other,Wall: Metal/Frame
New Construction false
Others
Senior Community false
Tax ID R2816586
SqFt Source Assessor
Special Listing Condition Private Owner
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