601 10th St, Greeley, CO 80631

$1,375,000

Property Description

Fantastic Price Reduction. Now $96.83 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 20,000 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, and venue to host live events. The main floor features 5,255 square feet, including a 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.

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Listing courtesy of Clarence Lopez.

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