Industrial Property For Sale

Investment Overview

1001 D Street is a 1.50-acre industrial property on Greeley's north side with two Quonset buildings totaling 9,324 SF, built in 1964. The larger building has 7,724 SF, including a 300 SF office; the second is a 1,600 SF Quonset. The site includes a large unpaved yard. Five units are rented at $700 per month each, for $42,000 a year in gross rent, per the seller. The property is about 0.2 miles from 8th Avenue (US 85 Business), 0.7 miles from US 85 and 1 mile from downtown Greeley. The entire parcel is in FEMA's regulatory floodway and is zoned C-D (Conservation District). Per the seller, the City of Greeley allows the current use to continue as long as improvements do not exceed 50% of the building's value. The property is sold as-is, with no environmental inspections. It can be purchased with the adjoining 4.25 acres of vacant land on N 11th Avenue, also offered by the seller, for a combined 5.75 acres at $1,375,000.

Investment Highlights

• 9,324 SF in two buildings on 1.50 acres
• Five rented units: $42,000 a year in gross rent (per seller)
• Large unpaved yard
• Near 8th Avenue and US 85, 1 mile from downtown Greeley
• Can be combined with the adjoining 4.25 acres