Below Mkt-Retail-Near Campus-Leased as Restaurant
2411 8th Ave
Greeley, CO 80631
| Price: |
$157,000 |
| CAP Rate: |
10.00% |
| Building Size: |
1,380 SF |
| Approx Lot Size: |
0.33 Acre(s) |
| Year Built: |
1967 |
Net Lease Investment: |
Yes |
| Existing Debt: |
Yes |
| Property On Ground Lease: |
Yes |
| 1031 Exchanges Acceptable: |
No |
Property Features- Priced below market
- Close to campus
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For more information contact:
holly biggs
(800) 775-0283 Ext. 21
community investment group
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Property Description
Price includes all restaurant appliances, equipment, and furniture. Long term renters run successful Eastern cuisine restaurant. Prop is less than 5 blocks from the University of Northern Colorado campus in a high-traffic area. Adequate parking and easy access for customers. Market rent for comp prop is $1500/month. Mkt value of prop is $180k as currently used.
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