Exterior view of a brick commercial building with a wooden door featuring the number 708 above it, and two arched windows with blinds.
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708 8th St Greeley for Sale or Lease

708 8th Street · Greeley · Weld County, CO 80631

Asking price

$750,000

Building

910 sqft

Lot

3,676 sqft

Cap rate

1.68%

The pitch

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Investment highlights

  • Built in 1901, completely restored. Zoned: Commercial.Two big offices, double-door safe, bathroom, kitchenette, and private parking
  • Perfect location for any professional.
  • Seller installed a new roof, insulated the building w closed-cell spray foam insulation. The windows are currently being replaced with Historic Preservation Commission approval of new, period-looking, double-pane, insulated windows.
  • New heating and air conditioning systems.
  • Upgraded plumbing and electrical service

Executive summary

Built in 1901, completely restored. Zoned: Commercial.Two big offices, double-door safe, bathroom, kitchenette, and private parking. Perfect location for any professional. Seller installed a new roof, insulated the building w closed-cell spray foam insulation. The windows are currently being replaced with Historic Preservation Commission approval of new, period-looking, double-pane, insulated windows. New heating and air conditioning systems. Upgraded plumbing and electrical service. Broker Remarks Renter in place with a 3-year lease through 2/2028- to be transferred to the new buyer. $1,400 (non-triple net) per month. For questions on this building, call the co-listing agent, Brandon Rearick at 970-691-0122. Details deemed reliable- Buyer and Buyer's Agent to verify. **Seller willing to do 100% financing at 5%.

Due diligence

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From our partner CCPIA — the Certified Commercial Property Inspectors Association

The asset

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Pricing & Size

Building Size
910 sqft
Cap Rate
1.68 %
Net Operating Income
12,620 $/yr
Year Renovated
2025
Building Class
Class A

Building

Construction Type
Masonry
Condition
Good
Stories
1
Parking Spaces
7
Parking Ratio
7 per 1k sqft

Utilities

HVAC Type
Central
Water
Municipal
Sewer
Municipal

Office Features

Office Class
Class A
Elevators
0
HVAC System
Central
Layout
Private offices

Location & Zoning

Zoning
C-1
FEMA Flood Zone
X
Opportunity Zone
Yes

Location & area

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Location

40.42468, -104.68951
Satellite
Street view

Area & market data

Third-party sources

Nearby Amenities

OpenStreetMap
Transit Within ¼ Mile
Yes
Schools Within 1 Mile
14
Hospitals Within 5 Miles
28
Restaurants Within 1 Mile
25
Grocery Stores Within 1 Mile
4
Retail Shops Within 1 Mile
18
Parks Within 1 Mile
12

Risk Assessment

EPAUSGSFEMA
EPA-Tracked Facilities Within 1 Mile
272
Toxic-Release Facilities Within 1 Mile
3
EPA Severe Violators Within 1 Mile
1
Seismic Risk Category
Low
Peak Ground Acceleration
0.081 g
Seismic Design Category
A
In FEMA Special Flood Hazard Area
No

Affordable Housing (LIHTC)

HUD
LIHTC Properties Within 2 Miles
7
LIHTC Units Within 2 Miles
295