$3,000,000
$3,250,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
1901 56th Ave Greeley, CO 80634
21,581 SqFt
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Sale: Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 21,581 sqft
Subdivision Hiland Park 1St Rplt
MLS Listing ID 891524
Sold Date 11/14/19
HOA Y/N false
Abv Grd Liv Area 21,581
Originating Board IRES MLS
Year Built 1996
Lot Size 1.390 Acres
Acres 1.39
Property Sub-Type Sale: Commercial/Industrial
Property Description
The iconic Greeley office building consists of 21,581 sq. ft. and is fully leased. The building is being sold at $3.25 Million, which equates to an 8% cap rate on the in-place income. The roof of the building was completely replaced in 2018 and the parking lot was resurfaced a few months ago, so there should be little to no capital improvements needed in the near future.
Location
State CO
County Weld
Area Greeley/Weld
Zoning C-H
Interior
Heating Forced Air
Cooling Refrigeration/HVAC
Exterior
Roof Type Flat
Building
Water District Water, NCW
Structure Type Brick/Brick Veneer
New Construction false
Others
Senior Community false
Tax ID R6905398
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with Cushman Wakefield