#1034635, Mike Ramstack, Listing office: Pro Realty Inc

517 8th St Greeley, CO 80631
Property details
About 517 8th St
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 Three (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 (519 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
Highlights
Summary
- Basement: No
- Total Bedroom Count: 5
- Parking: Alley Access
- Exterior: Lighting
- Heating: Space Heater(s)
- List Price: $690,000
- Annual Tax Amount: $672
- Tax Year: 2023
- Lot: Curbs, Sidewalk, Level
- Directions: From I-25, Exit 257 (US-34 E) toward Greeley. After 6.8 mi, take the US-34 BUS exit, and continue on US-34 BUS East & continue on 10th Street. Turn left onto 6th Ave., then right on 8th Street. Property is on left.
- Year Built: 1919
- Stories: 2
- Lot Size: 0.2 Acres
- MLS Number: 1038272
- MLS Name: IRES MLS
- Office Name: LC Real Estate Group, LLC
- Office Phone: (303) 588-8808
- Listing Agent: Wayne Lewis
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 28, 2014 | Home Sold | $270,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $12,120 | $672 |
2022 | $10,340 | $901 |
2021 | $10,630 | $929 |
2020 | $9,270 | $808 |
2019 | $9,330 | $474 |
2018 | $5,730 | $477 |
2017 | $5,730 | $177 |
History based on county public records data.
Nearby schools
6
Martinez Elementary School
Public District KG-5
0.9 mi
•341 14th Ave
3
Maplewood Elementary School
Public District KG-5
1.4 mi
•1201 21st Ave
2
Scott Elementary School
Public District KG-5
2.3 mi
•3000 W 13th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,531. The majority of Greeley, CO residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Similar homes for sale
Frequently asked questions
Living in Greeley, CO
Transportation in Greeley includes a mix of public transit options and roadways that facilitate travel within the city and to neighboring areas. The city's public bus service operates on a set schedule, providing residents with reliable transportation. While ride-sharing services are available, the city also promotes walkability and bikeability, with certain areas being particularly pedestrian-friendly. The road network includes access to major highways, making commuting and regional travel convenient for residents.
The community is served by a comprehensive array of services, including a well-established public school system, several higher education institutions, and a network of healthcare facilities that provide a range of medical services. Retail and dining options are plentiful, reflecting the local culture and offering residents a variety of choices. Greeley has been proactive in adapting its services to meet the evolving needs of its diverse population.
Greeley is known for its vibrant community spirit and cultural richness. The city prides itself on its annual events, such as the Greeley Stampede, which showcases the area's deep-rooted history in agriculture and rodeo. The community's character is further defined by its commitment to arts and education, with numerous public art installations and a strong presence of higher education institutions contributing to the local ambiance.
Greeley's housing market is diverse, offering a range of options from single-family homes to multi-family apartments and townhouses. The architectural styles vary, with a mix of contemporary, ranch-style, and bungalow homes. A significant portion of the housing stock was built during a period of growth in the late 20th century, with many properties dating back to the 1970s and 1980s. The homeownership rate in Greeley is robust, with a majority of residents owning their homes, while a substantial minority opts for renting.
About 517 8th St
The listing price of 517 8th St property is $690,000.
The property 517 8th St is a house located in Greeley, Colorado, 80631.
Active Listing: 517 8th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 517 8th St are: Martinez Elementary School (GreatSchools Rating 6/10), Maplewood Elementary School (GreatSchools Rating 3/10), Scott Elementary School (GreatSchools Rating 2/10), Heath Middle School (GreatSchools Rating 2/10), James Madison STEAM Academy (GreatSchools Rating 6/10), Bella Romero Academy (GreatSchools Rating 4/10), Jefferson Junior/Senior High School (GreatSchools Rating 1/10), Greeley Central High School (GreatSchools Rating 4/10), Frontier Charter Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $672 (source: MLS/based on county public records data).
The last sale was on October 28, 2014 for $270,000 (source: MLS/tax record).
The property at 517 8th St has 5 bedrooms and 3 bathrooms.
The year of construction for 517 8th St is 1919.
This home is located at 517 8th St in Greeley, CO and zip code 80631. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $690,000.
While more than 31 listings in Greeley, CO in June 2025 were sold above asking price, there were more than 46 listings sold at asking price, and more than 45 were sold below. In June 2025 in Greeley, CO there were 5.2% more homes for sale than in May. The median list price of listings available in June 2025 was $425,000, while the average time on the real estate market was 40 days.